You are here: Home » PTI Stories » National » News
Business Standard

HMSI sales flat in November

Press Trust of India  |  New Delhi 

Motorcycle and Scooter (HMSI) today reported sales of 3,25,448 units in November as against 3,26,466 units in the same month last year.

"Compared to festival buying in November last year, this year the industry was prepared for an organic correction in November. However, announcement took everyone by surprise," HMSI Senior Vice President, Sales and Marketing, Y S Guleria said in a statement.



Two-wheeler sales dropped by 50 per cent in the first 3-4 days of announcement. But recovery started in the second week and by the end of month, the company's sales returned to almost 80 per cent of normal level with South, West and East leading the recovery, he added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

HMSI sales flat in November

Honda Motorcycle and Scooter India (HMSI) today reported sales of 3,25,448 units in November as against 3,26,466 units in the same month last year. "Compared to festival buying in November last year, this year the industry was prepared for an organic correction in November. However, demonetisation announcement took everyone by surprise," HMSI Senior Vice President, Sales and Marketing, Y S Guleria said in a statement. Two-wheeler sales dropped by 50 per cent in the first 3-4 days of announcement. But recovery started in the second week and by the end of month, the company's sales returned to almost 80 per cent of normal level with South, West and East leading the recovery, he added. Motorcycle and Scooter (HMSI) today reported sales of 3,25,448 units in November as against 3,26,466 units in the same month last year.

"Compared to festival buying in November last year, this year the industry was prepared for an organic correction in November. However, announcement took everyone by surprise," HMSI Senior Vice President, Sales and Marketing, Y S Guleria said in a statement.

Two-wheeler sales dropped by 50 per cent in the first 3-4 days of announcement. But recovery started in the second week and by the end of month, the company's sales returned to almost 80 per cent of normal level with South, West and East leading the recovery, he added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

HMSI sales flat in November

Motorcycle and Scooter (HMSI) today reported sales of 3,25,448 units in November as against 3,26,466 units in the same month last year.

"Compared to festival buying in November last year, this year the industry was prepared for an organic correction in November. However, announcement took everyone by surprise," HMSI Senior Vice President, Sales and Marketing, Y S Guleria said in a statement.

Two-wheeler sales dropped by 50 per cent in the first 3-4 days of announcement. But recovery started in the second week and by the end of month, the company's sales returned to almost 80 per cent of normal level with South, West and East leading the recovery, he added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard