Page 2 - Honda Sales

New capacity helps HMSI achieve record sales in festive season

The second largest two-wheeler maker Honda today reported a little over five per cent dip in the October sales at 4,66,535 units, but set a new record in festive sales with cumulative sales for the September-October period zipping past 13.5 lakh-mark. "Increased demand saw our retails cross the 13.50-lakh mark in the two festive months of September and October. With this, we have broken our own 2016 festival retail high by significant 1 lakh units," Honda Motorcycle & Scooter India said in a statement. During the festive season in 2016, the Japanese major had sold 12.5 lakh units, the company said, and attributed the better numbers to the increased capacity, which saw its daily capacity by 50,000 units from the third assembly line in Bengaluru. The company also said Activa, which is the No. 1 selling two-wheeler in the country crossed 8.5 lakh units mark during the season, while its flagship bike brand CB Shine, which is the No. 1 executive bike, sales touched 2.4 ..