Honda Cars sales fall by 20-30% after demonetisation
The India arm of Japan's Honda Motor has reported a 20-30% fall in car sales in the retail market since November 9. Honda Cars India senior VP Raman Kumar Sharma said that he doesn't expect retrenchment in the sector as "things are going to improve shortly." Two-wheeler sales are picking up and auto sales will gather steam shortly, he added.\n\n