Honda2Wheelers’ October sales up 2%

New Delhi, Nov 2 : Two-wheeler major Honda Motorcycle and Scooter India (HMSI) on Monday reported positive year-on-year (YoY) sales growth in October, the third consecutive month in FY21.

“After breaching the 5 lakh unit sales level in September 2020, Honda’s total two-wheeler sales closed at a higher level of 527,180 units with a 2 per cent growth over 517,845 units sold in October 2019,” the company said in a statement.

“Buoyed by increase in demand during festivals amid slew of its new BS-VI models now available in the market, Honda’s domestic two-wheeler sales were up 1 per cent to 494,459 units in Oct 2020 compared to the 487,819 units sold in the same month last year,” it added.

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Parallely, the company said increased demand of its models in other markets and exports of its first BS-VI motorcycle to Europe aided Honda to register a 9 per cent growth in exports to 32,721 units in October 2020.

Disclaimer: This story is auto-generated from IANS service.

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