Honda Cars domestic sales fall 26% in February

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Mar 01, 2013, 07.16 PM IST

Honda Cars India Ltd (HCIL) today reported 26.49 per cent decline in its domestic sales for February 2013 at 6,510 units. The company had sold 8,856 units in the same month last year, HCIL said in a statement.

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Honda Cars domestic sales fall 26% in February

Honda Cars India Ltd (HCIL) today reported 26.49 per cent decline in its domestic sales for February 2013 at 6,510 units. The company had sold 8,856 units in the same month last year, HCIL said in a statement.

Like this story, share it with millions of investors on M3

Honda Cars domestic sales fall 26% in February

Honda Cars India Ltd (HCIL) today reported 26.49 per cent decline in its domestic sales for February 2013 at 6,510 units. The company had sold 8,856 units in the same month last year, HCIL said in a statement.

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Honda Cars India Ltd (HCIL) today reported 26.49 per cent decline in its domestic sales for February 2013 at 6,510 units. The company had sold 8,856 units in the same month last year, HCIL said in a statement.

During the month, the company sold 3,271 units of its flagship sedan City and 2,916 units of its small car Brio. It also sold 185 units of the premium hatchback Jazz and 21 units of sedan Civic. Besides, HCIL sold 62 units of the premium sedan Accord in February 2013. In addition to these sales, the company also exported a total of 510 units during February 2013.


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highlights

  • No case to revise direct tax rates, slabs
  • Super rich tax: 10% surcharge on income above Rs 1 cr
  • Modified provisions under GAAR effective April 1, 2016
  • No change in standard rate of excise duty, service tax
more »

flashes

  • FM speaks to CNBC TV18
  • Budget Reaction: Fitch Says Policy Implementation To Be Key Driver Of India Rating
  • Budget Reaction: Fitch Says Believe Policy Execution Will Be Challenging
  • Budget Reaction: Fitch Says Public Finances Vulnerable To Further Growth Slowdown
more »

InterpretationS

  • GAAR-Presumes tax benefit unless proved contrary
  • MFs covered for deductions u/s 80CCG
  • Excise duty increased on mobile phones of Retail Sale Price (RSP) more than Rs 2000
  • ED on readymade garments exempted: positive textile sector
more »

SECTOR IMPACT

Select Sector to see impact

  • Auto - Cars & Jeeps
  • Auto - LCVs/HCVs
  • Banks - Private Sector
  • Banks - Public Sector
  • Cigarettes
  • Computers - Hardware
  • Computers - Software - Training
  • Construction and Contracting - Real Estate
  • Electricals
  • Engineering - Heavy
  • Finance - General
  • Finance - Investments
  • Infrastructure - General
  • Leather Products
  • Media & Entertainment
  • Mining/Minerals
  • Miscellaneous
  • Personal Care
  • Pesticides/Agro Chemicals
  • Power - Generation/Distribution
  • Refineries
  • Shipping
  • Sugar
  • Textiles - Denim
  • Textiles - General

Textiles - General

18:52 pm

Exice Duty on readymade garments exempted +ve for textile sector

TAX AND YOU

Salaried Person

REACTIONS

reaction on: Markets

Mukesh Kumar

Head - Strategic Planning | HDFC ERGO General Insurance

reaction on: SME

Snehdeep Aggarwal

Founder & Chairman | Bhartiya International

reaction on: Policy

Sanjay Sanghvi

Partner | Khaitan & Co

reaction on: Business

Govind Shrikhande

MD | Shoppers Stop

reaction on: Business

Gaurav Gupta

Sr Director | Deloitte

What got Cheaper / costlier?

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