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Honda Motorcycle and Scooter Inaugurates 1000 Dealerships – Sales Fall This Month

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Honda Motorcycle and Scooter Inaugurates 1000 Dealerships to reach a bigger audience with its entry-level product portfolio which has a lot options

Honda Motorcycle & Scooter India announced the opening of its 1000th HEAD (Honda Exclusive Authorized Dealer) with the inauguration of its new 4S (Sales/ Service/ Spares/ Safety) facility at Platinum Honda, Zirakpur (District Mohali), Punjab.

Honda claims it is the only company in the Indian two-wheeler industry to double its network count and inaugurate a significant 3300 new touch-points in the last 5 years. (FY’18-19 vs. FY’2013-14 end) . With this, Honda’s total network count in India has now reached the milestone 6000th outlet mark

All Honda Authorized Exclusive Dealerships (HEADs) offer a 4S setup including the industry norm of Sales, Service, Spare Parts and the 4th ‘S’ unique to Honda which is Safety Riding Promotion. The skilled staff trained by Honda offer unparalleled experience of best quality sales and after-Sales ownership to all our valued customers.

Honda Motorcycle and Scooter Inaugurates 1000 Dealerships
Honda Motorcycle and Scooter Inaugurates 1000 Dealerships

Despite domestic two-wheeler industry slowdown since December 2018, Honda Motorcycle & Scooter India Pvt. Ltd. has closed the challenging fiscal year 2018-19 with highest exports till date in a single year were also recorded.

Led by strong overseas demand, Honda’s two-wheeler annual exports breached the significant 3.5 lac unit mark for the first time ever in 2018-19. Honda 2Wheeler India’s exports zoomed to 3,80,041 units in 2018-19 led by new model introduction in overseas markets. However, on the domestic front, two-wheeler industry faced prolonged slowdown for fourth consecutive month – a trend last witnessed during demonetization in 2016-17.

Based on demand slowdown, Honda pro-actively moderated its production and dispatch as domestic retail is still not showing any signs of recovery. With primary focus to bring down inventory levels of its business partners and support their liquidity in challenging times in last quarter, Honda closed its domestic sales at 55.20 lac units in FY-2018-19. Honda total two-wheeler sales (exports included) closed at 59,00,840 units in FY’2018-19.

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