“Last time, in similar quarter, the transition of BS4 to BS6 was taking place, so there was ramping down of BS4 models in terms of production dispatches to the network and the new models were being ramped up in production. During this transition industry had a lower base in Q4 of FY’20.”
Honda had closed November 2020 with positive YoY growth momentum for the fourth month in a row.
Its domestic sales grew 11 per cent to 412,641 units in November 2020 as compared to 373,283 units a year ago.
Besides, Guleria disclosed company’s plans for a couple of new launches during 2021.
“Despite the pandemic, Honda had gone ahead with all the new launches which we had planned for in 2020 including our totally new platform H’ness CB350 for our BigWing business.”
“Moving forward in 2021, new models will be there from our side. There are couple of launches planned in the mass segment as well as in the…