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Honda Sold 7.1k Plus Units in February 2024, Ragisters Decent Growth in Domestic Sales

Honda Elevate (Photo: Shahrukh Shah/ News18.com)While sharing the details via official release, Honda says it has reported a domestic sales growth of 17 percent, while the export numbers for HCIL stood at 5,936 units.The giant car manufacturer Honda has been witnessing decent sales growth from the last few months in India. Now, the company has revealed the figures for February 2024, saying it has sold more than 7,140 units.While sharing the details via official release, Honda says it has reported a domestic sales growth…

Even with used-car prices falling, buyers paying $7.1k above ‘normal’

Fotostorm | E+ | Getty ImagesThere's still a ways to go before used-car prices come back down to Earth.While prices were 8.8% lower in December from a year earlier, consumers continue to pay more for used cars than they would if typical depreciation expectations were in play, according to car shopping app CoPilot, which tracks those price premiums in a monthly report.Last month, the average price for a used car was $30,899, according to CoPilot. That amount is $7,146 (or 30%) more than if projected depreciation forecasts…