Gaku Nakanishi, president and chief executive, Honda Cars India, says, sales during the first quarter of the fiscal was down but in the second quarter the company has seen some recovery.
“In June our sales was almost 60% compared to the last year and this kind of decline in sales will continue till the end of this year (calendar year). In the January to March quarter the sales are expected to be as good as the corresponding period,” added Nakanishi.
Honda has already been working on this new Hybrid for more than 2-3 years now and does not want to change its plan.
Though Honda has not revealed the exact model that will come with the Hybrid power train, but sources say that it could either be the New Honda City or the next gen Jazz.
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