Honda recorded its highest-ever exports in CY’2024, largely driven by the compact SUV Honda Elevate.
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Honda recorded its highest-ever exports in CY’2024, largely driven by the compact SUV Honda Elevate.
Honda Cars India Ltd., registered a cumulative growth of 20 per cent in its total sales, with 1,31,871 units sold during calendar year 2024 (Jan – Dec). The company's domestic market sales stood at 68,650 units and exports at 63,221 units in CY’2024. Additionally, the company sold a total of 9,460 units in December 2024 with domestic sales at 5,603 units and exports at 3,857 units.
Kunal Behl, Vice President, Marketing & Sales, Honda Cars India Ltd. said, “2024 was a mixed bag for the industry. While the domestic car market had challenges towards creating fresh demand, HCIL recorded its highest-ever exports in CY’2024, largely driven by our compact SUV Honda Elevate exports. This contributed to a remarkable growth of 20 per cent in overall HCIL’s sales and establishing India’s position as a key manufacturing hub for Honda globally.”
Honda sold 1,10,143 units in CY2023, with a domestic volume of 84,289 units and an export of 25,854 units. The company registered 7,902 units in domestic sales and exported 3,749 units in December’23.
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