Honda Motorcycle & Scooter India, the biggest two-wheeler manufacturer company have faced a down in their sale more than 4% compared to the previous year’s march 2015.
According to the source from Honda India, there is a huge declined in the sale in the domestic market i.e. 3,65,526 units in this years which is very low to the previous year sale 3,84,422 units on March 2015. While they have allotted the loss of about 4% decrease to the company in this year up to March 2016
Additionally, they have also claimed that in the overall marketing sale of the two wheelers vehicles, Honda has reached up to 44,83,459 over the last years sale i.e. 44,52,005. So the fiscal revenue by the end of March 2016 is slightly higher than the last year’s fiscal.
However, they have also said that there is the rise in the Export business of Honda gaining up to 8.4% while the sales go like 15,995 units over the last years sale of 14,751 in 2015.
The senior vice president-sales and marketing of Honda India, Mr. Yadvinder Singh Guleria speak of the business conditions that from the view of 2015-2016 sale strategies; the company is known fully prepared to do well in coming 2016-2017 project.
The Honda India president and CEO of the company, Mr. Keita Muramatsu have conveyed that for the coming 2016-17 Honda will do the best for youth Indian. And the first priorities of the company will be favoured to the Indian youth and they have the new models BS-IV which are compliant for the customer convenience.