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Honda's India unit became the country's fourth largest car maker by sales in May riding on the success of its newly launched entry level sedan Amaze. Honda reported its highest ever monthly sales as Amaze clocked 6,036 units (over 50 per cent of Honda's sales) during the month.
Honda sold 11,342 cars in May 2013, ahead of what Tata Motors (at 11,134 units, cars and utility vehicles together), Toyota (at 10,023 units), GM (at 8,500 units) and Ford (4,002 units) sold in the last month.
Honda's sales rose 34 per cent in May as compared to April, 2013 and 10 per cent as compared to May last year (2012). In contrast, Maruti Suzuki 's domestic volumes fell by 13 per cent (at 77,821 units) year-on-year. The drop was higher than the 4 per cent cut global investment bank Nomura had estimated.
While, Toyota and Ford saw over 30 per cent decline in sales as compared to last year, the impressive debut of Honda Amaze has seemingly hurt Maruti Suzuki the most.
Honda sold 11,342 cars in May 2013, ahead of what Tata Motors (at 11,134 units, cars and utility vehicles together), Toyota (at 10,023 units), GM (at 8,500 units) and Ford (4,002 units) sold in the last month.
Honda's sales rose 34 per cent in May as compared to April, 2013 and 10 per cent as compared to May last year (2012). In contrast, Maruti Suzuki 's domestic volumes fell by 13 per cent (at 77,821 units) year-on-year. The drop was higher than the 4 per cent cut global investment bank Nomura had estimated.
While, Toyota and Ford saw over 30 per cent decline in sales as compared to last year, the impressive debut of Honda Amaze has seemingly hurt Maruti Suzuki the most.