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Honda Atlas Sees a Huge Decline in Sales for August 2022

Honda Atlas Cars Limited’s (HACL) sales have fallen even further compared to July. According to details, the company sold 1,809 units in August, recording a 29% Month Over Month (MOM) decline in sales.

The breakdown is as follows:

Model Units Sold
Honda City 830
Honda Civic 606
Honda BR-V 373

Last month, the company sold 2,537 units, surpassing Toyota Indus Motor Company (IMC), which sold 2,404 cars. Most of its sales, however, consisted of Honda City, as both, Civic and BR-V have become considerably expensive following the recent price hikes.

In August, HACL predicted a 25-35% decline in sales, citing price hikes, delivery delays, and production cuts. It added that a large portion of its total sales is from consumer financing, which will drop significantly due to high-interest rates.

The automaker added that the US Dollar Rate has the biggest role in price hikes. It explained that 90 percent of the total cost is derived from raw materials, 60-70 percent of which is subject to dollar rate instability.

The price hike happened at a time when the USD exchange rate stood at Rs. 235. Given that it is creeping back up to the same rate, another price hike seems imminent, which may further impact HACL’s sales going forward.


  • Cars don’t have traction control of the signals, cars should behave not ok on speed buy the out of start portions.

  • The prices of Honda variants reach beyond customer reach. The poor quality and delay in delivery can be termed as the second main cause of low sale. Honda needs to stabilise their rates per unit and improve the quality of their product in line with foreign made vehicles.


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