Honda Motor Co. headquarters. (File Photo | Reuters) 
Business

Honda Motorcycle & Scooter India sales in August drops 2 per cent at 4,43,969 units

Exports during the month stood at 15,738 units as against 26,887 units in August last year.

From our online archive

NEW DELHI: Honda Motorcycle & Scooter India (HMSI) on Wednesday reported 2 per cent decline in its total sales at 4,43,969 units in August. The company had sold a total of 4,52,551 units in the same month last year.

Domestic sales last month stood at 4,28,231 units as against 4,25,664 units, a growth of 1 per cent, it said adding this was the first time in the ongoing fiscal that its domestic sales breached the 4 lakh units mark.

Exports during the month stood at 15,738 units as against 26,887 units in August last year.

Commenting on the sales performance, HMSI Director, Sales & Marketing, Yadvinder Singh Guleria said,"In August, over 90 per cent of our network is back to business and we are seeing some green shoots with higher customer enquiries." The company's domestic sales crossed 4 lakh units mark for the first time this fiscal on the back of improved supplies and higher utilisation of production capacity, he added.

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

Last month, the company launched its Hornet 2.0 motorcycle price starting Rs 1,26,345 (ex-showroom, Gurgaon).

New dawn in Bangladesh, stability key

ECI suspends seven WB officials; directs Chief Secretary to initiate disciplinary action

AI Summit: India's chance to push clean innovation

Markets start week on edge as RBI curbs, IT sector drag cap early gains

NC, PDP slam J&K BJP MP for spending 94% allocated funds in UP

SCROLL FOR NEXT