According to the company, its monthly domestic sales increased to 12,804 units during the month under review from 11,407 units sold in corresponding month last year.
"HCIL conducted a price protection in June to those customers who purchase cars before GST roll out in order to counter the sales challenge during pre-GST period. It helped us maintain good sales numbers," said Yoichiro Ueno, President and CEO, Honda Cars India.
"We foresee that the GST rollout, good monsoon forecast and upcoming festive season will further improve the buyers' sentiment."
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.