Tuesday, July 6, 2010

Honda Siel Cars Report: June sales Down Marginally

Honda Siel Cars India Ltd, leading manufacturer of Premium Cars in India sold 4595 units in the month of June'10 as against 4067 units sold in May'10 recording a growth of 13%.

The company had sold 5048 units in the corresponding month last year.

Model wise break-up: Jazz: 507; City: 3544; Civic: 339; Accord: 157; CRV: 48

Honda Siel Cars India Ltd., (HSCI) leading manufacturer of passenger cars in India was established in December 1995 as a joint venture between Honda Motor Co. Ltd (Japan) and Siel Limited with a commitment to provide Honda's latest passenger car models and technologies, to the Indian customers.

HSCI's first state-of-the-art manufacturing unit was set up at Greater Noida, U.P in 1997 with an investment of Rs. 450 crore. The total investment made by the company in India till date is Rs. 1620 crores. At present, the company has a capacity of manufacturing 100,000 cars.

HSCI's second manufacturing facility is in Tapukara, Rajasthan. This facility is spread over 600 acres and will have an initial production capacity of 60,000 units per annum, with an investment of about Rs 1,000 crore. The first phase of this facility was inaugurated in September 2008.

Source: Honda Siel Cars India Ltd

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