BUSINESS

Honda Siel sales jump

NEW DELHI DEC. 4.

Honda Siel Cars India (HSCI) has reported a 31 per cent jump in sales during November 2002 at 1,152 units against 879 cars during the same month last year. Sales during April-November this fiscal grew by 30.2 per cent to 8,621 units from 6,619 units, a company release said. Japanese auto major Honda Motor Co. owns 99 per cent stake in HSCI while the remaining one per cent is with Siel Ltd. The company manufactures the `City' car and luxury sedan `Accord' at its plant near Delhi.

PTI

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