Honda's June retail sales jump 156%

New Delhi, July 1 Two-wheeler major Honda Motorcycle & Scooter India on Wednesday reported a sequential increase of 156 per cent in retail sales for June.

Honda's retails jumped 156 per cent to nearly 3 lakh units in June 2020 from 1.15 lakh units in May.

The company said the second month of return of economic activity saw Honda's total two-wheeler dispatches shoot up nearly 4 times to 210,879 unit s in June compared to 54,820 units in May.

"Around 95 per cent of Honda dealers resumed their business, while our supply chain further stabilised to align with the rebooting of our production operations in all the four plants," Yadvinder Singh Guleria, Director-Sales & Marketing, Honda Motorcycle & Scooter India Pvt Ltd, said.

"With over 150 per cent spike in our retails, June turned out to be the first confidence booster," Guleria added.

( With inputs from IANS )