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regular-article-logo Wednesday, 01 May 2024

Honda Elevate sales cross 20000 since its launch in domestic market in September

The new model accounted for over 50 per cent of total company sales in the last three months and has helped the company grow its sales by 11 per cent in the September-November period compared with the same period last year, the auto maker said in a statement

PTI New Delhi Published 17.12.23, 09:48 AM
Yuichi Murata, director of marketing and sales, Honda Cars India Ltd, during the launch of the Honda Elevate in September.

Yuichi Murata, director of marketing and sales, Honda Cars India Ltd, during the launch of the Honda Elevate in September. PTI file photo

Honda Cars India on Saturday said its mid-sized SUV Elevate has crossed the 20,000 sales mark since its launch in the domestic market in September this year.

The new model accounted for over 50 per cent of total company sales in the last three months and has helped the company grow its sales by 11 per cent in the September-November period compared with the same period last year, the auto maker said in a statement.

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“We have maximised the production of the Elevate to serve our waiting customers as early as possible and adjusted the variant mix to align with the market demand, which is overwhelmingly high for continuously variable transmission (CVT) variants currently,” Honda Cars India director (marketing and sales) Yuichi Murata said.

India is the first country to manufacture and sell the Elevate globally. Honda also aims to make India an important export hub for the new model to other parts of the world, catering to the robust demand for SUVs globally.

The company plans to increase the prices of its vehicles from January to partially offset the impact of rising input costs.

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