Honda’s Indian unit will account for 25% of Honda’s Asia-Pacific (APAC) sales volume by March 2017, according to the company’s Managing Officer Yoshiyuki Matsumoto.
Honda’s APAC sales volume target for the fiscal year ended March 31 2017 is 1.2m units.
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Reuters reported that Honda plans to raise the number of dealers in India to 230 by March 2015 from 179 now, as part of its push to sell more vehicles in a market seen as having great potential despite its current pause.
This week, Honda launched a seven-seater multi-purpose vehicle, Mobilio, in India.
Reuters also reported that Honda’s entry-level compact sedan Amaze and City models have increased the company’s sales in India by 40% year-on-year to 40,516 units in the April-June quarter.
