Honda Cars domestic sales dive 78% dip in May to 2,023 units over April

Honda Cars India on Tuesday reported a 78 per cent decline in its domestic sales to 2,032 units last month as compared to 9,072 units in April this year

Honda Civic, cars, automobile
Press Trust of India New Delhi
1 min read Last Updated : Jun 01 2021 | 6:10 PM IST

Honda Cars India on Tuesday reported a 78 per cent decline in its domestic sales to 2,032 units last month as compared to 9,072 units in April this year.

The company said it exported 385 units in May.

"Multiple state-wide lockdowns throughout the country to control the spike in COVID-19 infections in May 2021 impacted retail business. During last month, we also undertook extended maintenance-related shutdown of our factory leading to limited production but effectively breaking the chain amidst the high number of cases in north India," Honda Cars India Senior Vice President and Director (Marketing & Sales) Rajesh Goel said in a statement.

With the increase in the pace of vaccination and the declining cases, the company expects markets will open gradually allowing business continuity, he added.

Goel noted that the company's field teams were in constant touch with waiting for customers to facilitate their car purchases through digital mediums.

"We will closely monitor the on-ground situation with our dealer partners to understand the consumer sentiment and accordingly plan our production and supplies in coming months," he added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Honda Motor CoAutomobileautomobile industryCar manufacturers

First Published: Jun 01 2021 | 6:03 PM IST

Next Story