HMSI sales in August drops 2 pc at 4,43,969 units


PTI, Sep 2, 2020, 2:19 PM IST

New Delhi: Honda Motorcycle & Scooter India (HMSI) on Wednesday reported a 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).

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

China announces new policy measures to protect its exports from Trump’s new tariff threat

Renovated Medical Oncology OPD and Chemotherapy Day Care Centre inaugurated at Kasturba Hospital, Manipal

Karnataka Health Minister justifies revision of user fees in state-run hospitals

Renukaswamy case: Bail hearing for actor Darshan adjourned to Nov 26

Beware of calls asking for pending traffic fines: Bengaluru police

Smriti Irani embarks on four-nation tour to promote book on PM Modi

Karnataka Milk Federation enters Delhi-NCR, offers competitive pricing on Nandini products

Related Articles More

Gautam Adani charged in US with USD 250 mn bribery, fraud

India’s GDP growth likely to slip at 6.5 pc, maintains 7 pc estimate for FY25: Icra

RBI cautions public about ‘deepfake’ video of governor being circulated on social media

We disagree with decision, plan to appeal: Meta on CCI imposing Rs 213-cr penalty

Sensex drops 241 pts, Nifty falls for 7th day on selling in IT, oil shares

MUST WATCH

DK Shivakumar

Rose Cultivation

Geethotsava

Naxal Operation

Swimming pool


Latest Additions

China announces new policy measures to protect its exports from Trump’s new tariff threat

Renovated Medical Oncology OPD and Chemotherapy Day Care Centre inaugurated at Kasturba Hospital, Manipal

Kerala HC quashes FIR against Goa Guv over remarks on Sabarimala women entry

BJP stages protests in various districts of Karnataka over alleged Waqf encroachments

Karnataka Health Minister justifies revision of user fees in state-run hospitals

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.