Honda opens big in first month of FY2021-22 with 42,945 units sold

Gurugram, May 3 (FN Representative) Honda Motorcycle & Scooter India Pvt. Ltd. has clocked three year high single month export of 42,945 units, a statement said here on Monday. With new focus on overseas business expansion, Honda’s April’21 exports zoomed to 42,945 units from 2,630 units exported last April. With global demand opening up, Honda’s exports crossed the 40,000 units mark for the first time in 36 months. Honda’s Made in India BS-VI models are now delighting customers in Europe (SP 125) and also Japan (H’ness CB 350 and CB 350RS), as per the statement.

Commenting on the sales performance in April and the month ahead, Mr. Yadvinder Singh Guleria, Director – Sales and Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said regional lockdowns since the beginning of April have dragged down the consumer sentiments considerably. “While the need for personal mobility still exists, the recovery may be pushed back by few months as Staying Safe at Home is India’s first priority. Starting 1st May, we have already temporarily halted production operations across all 4 plants till the first fortnight of May. In view of the evolving COVID situation and subsequent multiple lockdowns, we are closely monitoring the evolving business landscape. While continuing to support our business partners in these uncertain times, we will review our plans accordingly in the short term,” he added.

The first month of FY2021-22 saw Honda’s total sales (domestic + exports) close at 283,045 units, with 240,100 two-wheeler sales in domestic market. Noteworthy, that with the national lockdown due to COVID-19, domestic sales were nil in the same period last year.