Honda 2Wheelers India domestic sales up by double digit 11% in Nov’20 39
Gurugram: Boosted by festival buying and positivity in market, Honda closed November 2020 with positive YoY growth momentum for the 4th month on month.
With increased retail off-take during festival season, Honda’s domestic sales grew 11% to 412,641 units in November’20 compared to 373,283 units a year ago.
With exports of 20,565 units, Honda’s total sales in November closed at 433,206 units, which is,9% up over 396,399 units in Nov’19.
Elaborating on the mood of the market, Mr. Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said, “If the second quarter was about stabilizing the automotive ecosystem, the third quarter is a bit about recovery. Backed by festive sentiments, Honda’s retails crossed the 1 million units mark yet again in the two crucial festival months (October & November). With more of our exclusive Big Wing network opening, we