Honda Motorcycle and Scooter India cuts Q1 production, its sharpest ever2 min read 15 Apr 2019, 12:01 AM IST
Honda projects a 15-20% drop in June quarter production due to weak demand and a squeeze on auto financing
Scooters comprised 66% of HMSI’s total domestic production of 5.89 million units in FY2018-19
MUMBAI : Honda Motorcycle and Scooter India Pvt. Ltd (HMSI) has implemented a 15-20% cut in June quarter two-wheeler production—the sharpest reduction since it started operations about 18 years ago—because of weak demand for scooters and a squeeze on automobile financing.
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