Honda 2-Wheelers’ domestic sales jump 53% in July, Auto News, ET Auto

July 2020 is the first-month post unlock in FY’2020-21 that Honda’s domestic dispatches breached the 3 lakh mark and exports too crossed the 10,000 units’ level.
July 2020 is the first-month post unlock in FY’2020-21 that Honda’s domestic dispatches breached the 3 lakh mark and exports too crossed the 10,000 units’ level.

New Delhi: Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) on Saturday announced a strong 53 percent growth in domestic dispatches at 3,09,332 units in the month of July.

The company had sold 2,02,837 two-wheelers in June’20. Exports too accelerated to 12,251 units – up 52 percent over 8,042 units exported in June’20.

As per the release, July 2020 is the first-month post unlock in FY’2020-21 that Honda’s domestic dispatches breached the 3 lakh mark and exports too crossed the 10,000 units’ level.

Total dispatches in July stood at 3,21,583 units – adding over 1 lakh units compared to the previous month on the back of increasing demand for personal mobility in the COVID-19 era.

Elaborating on the evolving market and July’20 sales trend, Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said, “Honda’s sales momentum continues to accelerate in the 3 months since resuming operations – jumping 400% from 54,000 in May to 2 lac units in June, and now breaching the 3 lac mark. Intermittent regional lockdowns across India slowed down the retail momentum gained in June as the percentage of operational network dropped to 80% in July.”

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