Tuesday, August 4, 2020
News

Honda's June retail sales jump 156%

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | Thursday, 2020 3:15:06 AM IST
Two-wheeler major Honda Motorcycle & Scooter India on Wednesday reported a sequential increase of 156 per cent in retail sales for June.

Honda's retails jumped 156 per cent to nearly 3 lakh units in June 2020 from 1.15 lakh units in May.

The company said the second month of return of economic activity saw Honda's total two-wheeler dispatches shoot up nearly 4 times to 210,879 unit s in June compared to 54,820 units in May.

"Around 95 per cent of Honda dealers resumed their business, while our supply chain further stabilised to align with the rebooting of our production operations in all the four plants," Yadvinder Singh Guleria, Director-Sales & Marketing, Honda Motorcycle & Scooter India Pvt Ltd, said.

"With over 150 per cent spike in our retails, June turned out to be the first confidence booster," Guleria added.

--IANS rv/sn/arm

( 148 Words)

2020-07-01-21:04:54 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Experts' panel for development of int'l ...
Moody's upgrades Yes Bank's ratings on f...
Covid continues to dent India's factory ...
Sebi issues procedural guidelines for pr...
Air India pilots allege blatant discrimi...
US stocks open higher as tech sector lea...
More...
 
INDIA WORLD ASIA
DGCI nod for Apheresis machine to extrac...
Chennai man attempts to break Guinness W...
Steady improvement in Karnataka's COVID ...
Tripura CM undergoes COVID-19 test after...
Do not allow IPL in Dubai, CAIT urges Sh...
12 more arrested in Punjab hooch case...
More...    
 
 Top Stories
Senior CPI-M leader Md Salim tested... 
Spain's embattled ex-King Juan Carl... 
Draft defence policy aims to achiev... 
Overnight rain leads to waterloggin... 
With 561 more fatalities, coronavir... 
H1-B visa should be used for top hi... 
Trump says he can issue executive o... 
Delhi govt bans use of Hookah in pu...