Honda 2Wheeler India breaches 5 lakh sales in Sept 2020

Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI) closed September with positive sales growth for the second consecutive month in the current financial year.  After breaching the 4 lakh unit-mark in total sales in August 2020, Honda’s total sales breached the 5 lakh units sales threshold in September’20.

Boosted by new models and uptick in customer sentiments, Honda’s YoY domestic sales zoomed by double digit 10% growth to close at 500,887 units in Sep 2020 (compared to 455,896 units in Sep’19). With additional 25,978 units’ export, Honda clocked total sales of 526,865 units in Sep’20 (vs. 485,663 unit total sales in Sep’19).

Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. commented on the preparations for festival season,  “In September, Honda recorded a strong 75% surge in test rides and a significant 20% jump in enquiries on month-on-month basis. While the sustained uptick in customer sentiments has boosted the confidence of our network on ground, Honda will cautiously monitor inventory levels in the run up to festivals. Adding new excitement in the market and stimulating demand are our 2 brand new models. We will delight our customers with new attractive retail finance offers with up to 100% loan value and low down-payment scheme. Coupled with Honda’s secured online booking platform and all new H’ness CB 350, Honda is turbo-charging the retail environment ahead of festive season.”