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Honda Cars October 2024 sales show a decline of 22.95%, with 10,080 units sold
- 1October 2024 sales dropped 22.95% compared to October 2023
- 2Honda's domestic sales in October 2024 hit 5,546 units, reflecting a 41% drop
- 3Export sales in October 2024 reached a total of 4,534 units
Honda Cars' October 2024 sales report is out, showing a total of 10,080 units sold, combining both domestic and export sales. This is an increase of 831 units compared to September 2024. However, when we look at the year-over-year numbers, October 2024 sales are lower than the 13,083 units sold in October 2023. This means a drop of 22.95%, or 3,003 fewer units sold. Let’s dive into a more detailed analysis of this sales report to see how sales have changed between months, as well as a closer look at export and domestic sales.
Honda Cars’ October 2024 sales figures and YOY growth
| Sales | October 2024 | October 2023 | Difference | (%) |
|---|---|---|---|---|
| Domestic | 5,546 | 9,400 | -3,854 | -41.00% |
| Exports | 4,534 | 3,683 | 851 | 23.11% |
| Total | 10,080 | 13,083 | -3,003 | -22.95% |
Honda Cars monthly sales overview from May to October 2024
| Month | Domestic Sales | Export Sales | Total Sales |
|---|---|---|---|
| May-24 | 4,822 | 6,521 | 11,343 |
| Jun-24 | 4,804 | 4,972 | 9,776 |
| Jul-24 | 4,624 | 2,710 | 7,334 |
| Aug-24 | 5,326 | 5,817 | 11,143 |
| Sep-24 | 5,675 | 5,236 | 10,911 |
| Oct-24 | 5,546 | 4,534 | 10,080 |
| Month | 2024 Domestic Sales | 2023 Domestic Sales | Domestic Difference | Domestic % Change | 2024 Export Sales | 2023 Export Sales | Export Difference | Export % Change | Total Sales | Total Sales (Previous Year) | Total Difference | Total % Change |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May-24 | 4,822 | 4,660 | 162 | 3.47% | 6,521 | 587 | 5,934 | 1007.76% | 11,343 | 5,247 | 6,096 | 116.22% |
| Jun-24 | 4,804 | 5,080 | -276 | -5.43% | 4,972 | 2,112 | 2,860 | 135.45% | 9,776 | 7,192 | 2,584 | 35.93% |
| Jul-24 | 4,624 | 4,864 | -240 | -4.93% | 2,710 | 1,112 | 1,598 | 143.75% | 7,334 | 5,976 | 1,358 | 22.73% |
| Aug-24 | 5,326 | 7,880 | -2,554 | -32.41% | 5,817 | 2,189 | 3,628 | 165.75% | 11,143 | 10,069 | 1,074 | 10.67% |
| Sep-24 | 5,675 | 9,861 | -4,186 | -42.45% | 5,236 | 1,310 | 3,926 | 299.69% | 10,911 | 11,171 | -260 | -2.33% |
| Oct-24 | 5,546 | 9,400 | -3,854 | -41.00% | 4,534 | 3,683 | 851 | 23.11% | 10,080 | 13,083 | -3,003 | -22.95% |
Also Read: Mahindra BE 6e, XEV 9e electric SUVs teased ahead of global unveil on November 26
Honda cars sales analysis: October 2024 figures and YOY growth
Honda Cars reported its domestic sales for October 2024 at 5,546 units. This marks a significant decline of 41% compared to the same month last year, when sales were nearly double at around 9,400 units. On a brighter note, the automaker's export performance saw positive growth, increasing by 23.11% year-over-year. In October 2024, Honda exported 4,534 units, up from 3,683 units in October 2023
Analyzing peak sales months from May to October 2024
Analyzing the sales data from May to October this year reveals a notable fluctuation in numbers. May recorded the highest sales, with 11,343 units sold, marking an impressive year-over-year (YOY) growth of 116.22%. However, July saw a significant dip in sales. Interestingly, August bounced back, jumping from 7,334 units in July to 11,143 units in August. Yet, October 2024 experienced the lowest decline in YOY growth, with a decrease of 22.95%.
Also Read: Maruti Suzuki e Vitara revealed — Design, battery, motors, specifications, and more
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