Entering the festival season amidst the new normal of Unlock 4.0; Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) today announced its sales for August 2020.
Honda’s total sales stood at 443,969 units, including 428,231 domestic sales and 15,738 exports in August 2020. Making august beginnings to the festive season ahead, Honda’s domestic sales breached 4 lac mark for the first time in FY’20-21 and registered 1% YoY growth.
Continuing to ramp-up production step-wise while prioritizing safety of all stakeholders, Honda’s sales grew by a significant 38% in August’20 compared to July’20.
Noteworthy, that Honda’s domestic sales continue to add over 1 lac+ incremental units for the 3rd consecutive month (2.02 lac unit sales in June’20, 3.09 lac units in July’20, 4.28 lac units in Aug’20).
Elaborating on the market scenario and August’20 sales trend, Mr. Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said,
“In August, over 90% of our network is back to business and we are seeing some green shoots with higher customer enquiries. Honda’s domestic sales crossed 4 lac units’ mark for the first time this fiscal on back of improved supplies and higher utilization of production capacity. With festivals approaching, our line-up of 14 models including our latest motorcycle Hornet 2.0 will excite new customers.”