HMSI’s YoY domestic sales up 1% in August

New Delhi, Sep 2 (IANS) Two-wheeler major Honda Motorcycle and Scooter India’s domestic sales in August inched up by 1 per cent on a year-on-year basis.

According to the company, total sales during the month under review stood at 443,969 units, including 428,231 domestic sales and 15,738 exports.

“Continuing to ramp-up production step-wise while prioritising safety of all stakeholders, Honda’s sales grew by a significant 38 per cent in August’20 compared to July’20,” the company said in a statement.

“Noteworthy, that Honda’s domestic sales continue to add over 1 lakh plus incremental units for the 3rd consecutive month (2.02 lakh unit sales in June’20, 3.09 lakh units in July’20, 4.28 lakh units in August’20).”

Honda Motorcycle and Scooter India Director, Sales and Marketing, Yadvinder Singh Guleria elaborated that in August, over 90 per cent of the company’s network was back in action.

“We are seeing some green shoots with higher customer enquiries. Honda’s domestic sales crossed 4 lakh units’ mark for the first time this fiscal on back of improved supplies and higher utilisation of production capacity,” he was quoted as saying in the statement.

“With festivals approaching, our line-up of 14 models including our latest motorcycle Hornet 2.0 will excite new customers.”

–IANS

sn/vd