Honda
Motorcycle & Scooter India Pvt. Ltd. (HMSI) is among the very few auto majors that
managed to buck the negative trend because of the covid-19 threat as it closed
March 2020 with total sales of 2,61,699 units as against 2,49,136 units in
March’19. Honda’s domestic sales in the month of March grew 11% from 2,22,325
units last year to 2,45,699 units in March’20 while exports moderated at 16,000
units.
Overall,
the challenging fiscal 2019-20 saw the domestic two-wheeler industry sales
slowdown for the 16th straight month. Honda closed FY2019-20 (April 2019 to
March 2020) with total sales of 50,31,297 two-wheelers. This includes domestic
sales of 47,06,572 units and exports of 324,725 units.
In
wake of the Covid-19 pandemic, Honda suspended its operations across the
country on March 22, 2020. Yadvinder Singh Guleria, Director – Sales &
Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said, “Honda was the
first two-wheeler manufacturer to lead the BS-VI transition almost 6 months
ahead of the deadline with Activa 125 BS-VI in September’19. Over 6.5 lakh customers are now experiencing
#AQuietRevolution led by Honda’s six advanced BS-VI models. Despite all
efforts, 2019-20 has been a challenging year in more ways than one.Covid-19
impact derailed industry’s plans and has severely impacted the automobile
ecosystem – right from supply chain to dealers. As a responsible manufacturer,
Honda is committed to taking care of all its stakeholders and society at large
in these uncertain times.”