Honda reports 5% growth in March 20

Honda Motorcycle & Scooter India closed March 2020 with total sales of 2,61,699 units as against 2,49,136 units in March’19. Honda’s domestic sales in the month of March grew 11% from 2,22,325 units last year to 2,45,699 units in March’20 while exports moderated at 16,000 units.

Overall, the challenging fiscal 2019-20 saw the domestic two-wheeler industry sales slowdown for the 16th straight month. Honda closed FY2019-20 (April 2019 to March 2020) with total sales of 50,31,297 two-wheelers. This includes domestic sales of 47,06,572 units and exports of 324,725 units.

 In wake of the COVID-19 pandemic, Honda suspended its operations across the country on 22nd March. Parallely, Honda is fully supporting customers during this period. For all customers whose scheduled free service/ warranty/ extended warranty was originally ending between 15th March to 15th April 2020, Honda has extended the same by another 2 months.

 Speaking on the current market scenario, Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India said, “Honda was the first two-wheeler manufacturer to lead the BS-VI transition almost 6 months ahead of the deadline with Activa 125 BS-VI in September’19.  Over 6.5 lac customers are now experiencing #AQuietRevolution led by Honda’s six advanced BS-VI models. Despite all efforts, 2019-20 has been a challenging year in more ways than one. COVID-19 impact derailed industry’s plans and has severely impacted the automobile ecosystem – right from supply chain to dealers. As a responsible manufacturer, Honda is committed to taking care of all its stakeholders and society at large in these uncertain times.”

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