Rays Power Infra announced closure of INR 127 Crore Equity Capital Fund Raise - "Mother's Embrace" A Photography Exhibition will be displayed by Renowned Photographer Devendra Naik at Jehangir Art Gallery in Mumbai - DAM Capital Advisors collects Rs 251 cr from Anchor Investors - Blackstone backed Ventive Hospitality Limited raises ₹ 719.55 Crores from 26 anchor investors at the upper end of the price band at ₹643 per equity share - The Inventurus Knowledge Solutions Limited listing ceremony held at NSE today - “ENCOUNTER WITH THE MOMENT” An Exhibition of Photographs by Gurdeep Dhiman at Jehangir Art Gallery in Mumbai - VENTIVE HOSPITALITY LIMITED ANNOUNCED ITS Rs. 16,000 MILLION INITIAL PUBLIC OFFERING (IPO) TO OPEN ON FRIDAY, DECEMBER 20, 2024 Sets Price Band fixed at Rs. 610 to Rs. 643 per equity share of face value of Rs. 1 each - Dr Agarwals Eye Hospital, Chembur, launches advanced laser system for precise and bladeless corneal surgery, Renowned actress Saiee Manjrekar inaugurates the state-of-the-art WaveLight FS200 Femtosecond Laser System - DAM Capital Advisors Limited announced its initial public offering (IPO) to open on Thursday, December 19, 2024 Sets Price Band fixed at ₹ 269/- per equity share to ₹ 283/- per equity share of the face value of ₹2 each - TRANSRAIL LIGHTING LIMITED ANNOUNCED ITS INITIAL PUBLIC OFFERING (IPO) TO OPEN ON THURSDAY, DECEMBER 19, 2024 Sets Price Band has been fixed at ₹ 410.00 to ₹ 432.00 per equity share, of face value ₹2 each - CONCORD ENVIRO SYSTEMS LIMITED ANNOUNCED ITS INITIAL PUBLIC OFFERING (IPO) TO OPEN ON THURSDAY DECEMBER 19, 2024 Sets Price Band fixed at ₹ 665 to ₹ 701 per equity share of face value of ₹5 each

Honda 2Wheeler India roars in September’20, Domestic sales crosses 5 lac mark with double digit YoY growth, MoM total sales post strong 19% gain (vs. 443,976 units in Aug’20), Honda’s YoY total sales at 526,865 units in Sept’20 (vs. 485,663 units in Sep’19)

Mumbai, October 1, 2020 (GNI): Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI) closed September with positive sales growth for the second consecutive month in FY’21. 

After breaching the 4 lac unit-mark in total sales in August’20, Honda’s total sales breached the 5 lac units sales threshold in September’20.

Boosted by new models and uptick in customer sentiments, Honda’s YoY domestic sales zoomed by double digit 10% growth to close at 500,887 units in Sep’20 (compared to 455,896 units in Sep’19). With additional 25,978 units’ export, Honda clocked total sales of 526,865 units in Sep’20 (vs. 485,663 unit total sales in Sep’19).

After crossing 5 lac sales mark with a double digit domestic growth, Mr. Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. commented on the preparations for festival season, 

“In September, Honda recorded a strong 75% surge in test rides and a significant 20% jump in enquiries on month-on-month basis. While the sustained uptick in customer sentiments has boosted the confidence of our network on ground, Honda will cautiously monitor inventory levels in the run up to festivals. Adding new excitement in the market and stimulating demand are our 2 brand new models. We will delight our customers with new attractive retail finance offers with up to 100% loan value and low down-payment scheme. Coupled with Honda’s secured online booking platform and all new H’ness CB 350, Honda is turbo-charging the retail environment ahead of festive season.”

Key Highlights of September 2020:

·       Honda debuts in the mid-size 350 – 500cc segment: Honda’s premium BigWing portfolio expanded further with the global unveiling of its brand new H’ness – CB350. Developed to delight Indian riders, Honda’s legendary CB series takes on-road sports riding to next level with its 9 new patent applications and 5 first-in-segment features. This festival season get ready for the majestic H’ness with an attractive ex-showroom price starting around 1.9 lac.

·       Road Safety- More than business, Honda continues to spread awareness on road safety. Earlier in September, Honda inaugurated its 5th Safety Driving Education Center (SDEC) in India at Vizag (its 2nd in Andhra Pradesh) to sensitize applicants coming for Learner License Registration. Additionally, Honda’s flagship digital road safety training E-Gurukul has now made over 1.27 lac people across 83 cities and 19 states & UTs more aware road users. For more information, please contact public.relations@honda2wheelersindia.com

Be the first to comment on "Honda 2Wheeler India roars in September’20, Domestic sales crosses 5 lac mark with double digit YoY growth, MoM total sales post strong 19% gain (vs. 443,976 units in Aug’20), Honda’s YoY total sales at 526,865 units in Sept’20 (vs. 485,663 units in Sep’19)"

Leave a comment

Your email address will not be published.


*