Honda India sales slide

Honda india sales have fallen 7%,thanks largely to the fact that the city is losing the battle in the C-segment due to the new entrants in the markets,the sx4 and the logan.

Mileage conscious people are veering towards the logan while the feature conscious are moving towards the sx4.

Honda Siel Car India reported a 7% dip in its sales during August at 4,879 units. For Maruti-Suzuki, its recently launched premium sedan SX4 is generating good sales and overall maruti has reported a 25% increase in sales to 60,229 units in August 2007 compared to 48,259 units in August 2006.

General Motors’ sales grew 114 per cent to 5,817 last month, against 2,720 in the same month last year.