Latest News | HMSI's 2-wheeler Sales Jump Fourfold to 2,10,879 Units in June
Get latest articles and stories on Latest News at LatestLY. Honda Motorcycle & Scooter India (HMSI) on Wednesday said its two-wheeler sales shot up nearly four times to 2,10,879 units, including exports, in June as compared to 54,820 units in the previous month.
Mumbai, Jul 1 (PTI) Honda Motorcycle & Scooter India (HMSI) on Wednesday said its two-wheeler sales shot up nearly four times to 2,10,879 units, including exports, in June as compared to 54,820 units in the previous month.
As much as 95 per cent of its dealerships recommenced operations by the first week of June following Unlock 1.0, HMSI said in a release.
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The second month of return of economic activity saw Honda's total two-wheeler dispatches shooting up nearly four times to 2,10,879 units in June, with 2,02,837 dispatches in the domestic market and remaining 8,042 units for exports compared to 54,820 units in May, HMSI said in the release.
The company saw sustained uptick in two-wheeler demand during the month, it said.
HMSI dealerships resumed operations from May 4 after the imposition of a pan-India lockdown on March 25 in the wake of the coronavirus pandemic.
"Around 95 per cent of Honda dealers resumed their business, while our supply chain further stabilised to align with the re-booting of our production operations in all the four plants. With over 150 per cent spike in our retails, June turned out to be the first confidence booster," said Yadvinder Singh Guleria, director (sales and marketing), Honda Motorcycle & Scooter India Pvt. Ltd.
HMSI has manufacturing facilities at Manesar (Haryana), Narsapura (Karnataka), Tapukara (Rajasthan) and Vithalapur (Gujarat).
The auto maker also said it accelerated its new model development activities and introduced four new BSVI two-wheelers --- CD 110 Dream, Grazia 125, 2020 Africa Twin & Livo -- in the market, taking its total portfolio to nine models.
“Honda two-wheelers created a new buzz in the market introducing maximum number of four BS-VI models in just one month. We are also witnessing a new demand getting unlocked with preference to personal mobility over public transport and two wheelers becoming first choice to this shift in the market," said Guleria.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)