Honda Cars India Sales reported a 21.07% YoY sales decline in February 2025, with significant drops in both domestic and export markets. Explore Honda’s challenges, market trends, and future outlook in India.
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Honda Cars India Sales Feb 2025
Honda Cars India Ltd. (HCIL) has reported a significant decline in Honda Cars India Sales in February 2025, with total sales dropping to 10,323 units. This marks a 21.07% year-on-year (YoY) decline from the 13,078 units sold in February 2024. The downturn was observed in both domestic and export markets, reflecting broader challenges in the automotive industry.
Honda Cars India Sales Performance: February 2025
Domestic Sales Comparison
| Period | Sales (Units) | Comparison | Difference | % Growth |
|---|---|---|---|---|
| Feb 2025 | 5,616 | vs Feb 2024 (YoY) | -1,526 | -21.37% |
| Feb 2024 | 7,142 | – | – | – |
| Jan 2025 | 7,325 | vs Jan 2025 (MoM) | -1,709 | -23.33% |
Export Sales Comparison
| Period | Sales (Units) | Comparison | Difference | % Growth |
|---|---|---|---|---|
| Feb 2025 | 4,707 | vs Feb 2024 (YoY) | -1,229 | -20.70% |
| Feb 2024 | 5,936 | – | – | – |
Total Sales Overview
| Category | Feb 2025 | Feb 2024 | Difference | % Growth |
|---|---|---|---|---|
| Domestic | 5,616 | 7,142 | -1,526 | -21.37% |
| Exports | 4,707 | 5,936 | -1,229 | -20.70% |
| Total Sales | 10,323 | 13,078 | -2,755 | -21.07% |
Honda Cars India Sales Feb 2025
Auto Industry Challenges 2025
Honda Cars India Sales In February 2025, Honda’s domestic sales stood at 5,616 units, a 21.37% YoY drop from the 7,142 units sold in February 2024. Month-on-month (MoM) sales also saw a decline of 23.33%, with 1,709 fewer units sold compared to January 2025. This decline highlights the ongoing challenges in the domestic market, where consumer demand has been sluggish.
Honda Amaze and Elevate Market Response
Honda’s export figures also took a hit, with 4,707 units shipped in February 2025, marking a 20.70% decline from the 5,936 units exported in February 2024. Despite this downturn, Honda continues to maintain a presence in international markets, driven by models like the Elevate and City.
Impact of Union Budget 2026 on Auto Sales
The decline in Honda’s sales can be attributed to several factors: Honda Cars India Sales Feb 2025
- Changing Market Trends:Â The Indian automotive market is increasingly favoring SUVs, which has put pressure on Honda’s sedan-heavy lineup.
- Increased Competition:Â Rival automakers are aggressively expanding their portfolios in the mid-size and compact SUV segments, intensifying competition.
- Limited New Product Offerings:Â Honda’s current lineup, while robust, lacks the diversity needed to capture a larger market share in the evolving automotive landscape.
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Honda Export Market Performance 2025
Mr. Kunal Behl, Vice President of Marketing & Sales at Honda Cars India Ltd., commented on the February 2025 sales performance: “The market conditions have been challenging for the auto industry, with reduced momentum in car registrations and difficulties in creating fresh demand.
However, our recent launches, such as the All New Amaze and special Elevate Black and City Apex editions, have received a positive market response. These launches have helped sustain sales during this tough period.
With new benefits outlined in the Union Budget 2026 aimed at boosting consumer demand, we are optimistic about an improvement in the coming months. On the export front, we continue to post healthy volumes, driven by the strong performance of the Elevate and City in international markets.”
Future of Honda Cars in India
Despite the current challenges, Honda remains hopeful for a turnaround. The Union Budget 2026 has introduced measures to stimulate consumer demand, which could positively impact the automotive sector. Additionally, Honda’s focus on innovative product launches and maintaining a strong export presence provides a foundation for potential recovery.
Consumer Demand in Auto Sector 2025
Honda Cars India’s sales performance in February 2025 reflects the broader challenges faced by the automotive industry. With a significant decline in both domestic and export markets,
the company is navigating a tough period marked by changing consumer preferences and increased competition. However, strategic product launches and favorable government policies offer a glimmer of hope for future growth.
