Honda Cars India saw a sharp drop in domestic sales in May amid severe pandemics

Honda Cars India saw a sharp drop in domestic sales in May amid severe pandemics

Honda Cars India saw a 78 per cent drop in its home sales in May to 2,032 units compared to 9,072 units sold in April this year. Exports were 385 units last month. The company cited blockades across the state as the main reason it affected its retail business during the month.

The carmaker kept the maintenance shut down in May as the Rajasthan Tapukara manufacturing facility was closed from May 7 to May 18. The annual maintenance lock was originally scheduled for mid-May. “Last month, we extended the suspension with maintenance of our factory due to limited production, but we effectively broke the chain between the high number of cases in northern India,” said Rajesh Goel, vice president and CEO of Marketing and Sales. As mentioned by PTI.

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Honda is optimistic that as the pace of vaccinations increases and decreases, markets will reopen, allowing business to continue. The company plans to measure consumer sentiment and ground conditions over time so that it can plan its production and supplies in the coming months. “We will closely monitor the state of the earth with our vendor partners to understand consumer sentiment,” Goel added. In addition, the Honda field team is in constant contact with customers who are waiting to facilitate the purchase of cars via digital media.

To help fight India’s second wave of pandemic, the manufacturer’s CSR arms – Honda India Foundation – provided a relief package 6.5 million. Covid-19 provided assistance and relief measures in states like Haryana, Rajasthan, Uttar Pradesh and Gujarat. The company also promised to set up oxygen production plants in four different locations: Kolar Karnataka, Gautam Budh Nagar in Uttar Pradesh, Alwar Rajasthan and Manesar Haryana, as part of the initiative.

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