Honda Motorcycle sales decline by 8% in September

Honda Motorcycle and Scooter India Pvt Ltd (HMSI) on Saturday reported an 8 per cent decline in total sales at 4,82,756 units in September.

The company had posted total sales of 5,26,866 units in the same month last year, HMSI said in a statement.

Domestic sales in September this year stood at 4,63,679 as against 5,00,888 units in the year-ago month.

Exports were at 19,077 units as compared to 25,978 units in September last year.

Commenting on the sales performance, HMSI Director Sales & Marketing Yadvinder Singh Guleria said, “We are gaining back the momentum with each passing month witnessing a rise in customer enquiries.”

Stating that the coming few months will be decisive in determining the growth forecast with the year’s most awaited time of festivals just around the corner, he said the company’s network across India is all geared up and ready.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor