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Honda's compact SUV WR-V crosses 50k sales milestone

Honda Cars India Ltd (HCIL) today said its compact SUV WR-V has crossed 50,000 cumulative sales milestone in India in one year since launch.

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Honda Cars India Ltd (HCIL) today said its compact SUV WR-V has crossed 50,000 cumulative sales milestone in India in one year since launch.

The model, which was launched in March 2017, accounted for 28 per cent of the company's total sales during the past 12 months, HCIL said in a statement.

"It (WR-V) has emerged as a strong volume model in Honda's model line-up striking the right chord among young urban customers who are looking for status, comfort and have an active lifestyle," HCIL President & CEO Yoichiro Ueno said.
 

HCIL said WR-V sales are fairly distributed across regions in India although Tier 1 markets comprising large cities contributed 38 per cent to its nationwide sales.

"The model has found equally strong resonance from Tier 3 markets due to its aspirational value and product strengths like high ground clearance," it added.
WR-V is available at a price range of Rs 7.78-10 lakh (ex-showroom Delhi) across petrol and diesel variants. 

Meanwhile, it was reported that Honda Motorcyle & Scooter India (HMSI) is snapping at the heels of Bajaj Auto for second spot in the domestic motorcycle segment, with the gap between the two companies coming down to a meagre 14,200 units during the ongoing fiscal.

In the April-February period last fiscal, the gap between the two companies stood at 3,98,525 units.

As per the latest data released by Society of Indian Automobile Manufactures (SIAM), Bajaj Auto has so far sold 18,15,590 units in the April-February period of the current fiscal while HMSI has sold 18,01,390 units in the same period.

Hero MotoCorp with a sale of 58,72,966 units during the period continues to lead the bike segment in the country. 

HMSI, which is already a leader in the scooter segment, had sold 14,51,417 units during the same period last fiscal while that of Bajaj Auto stood at 18,49,942 units. 

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