Domestic two-wheeler registered sales of 1,63,007 units in January 2020 as against sales of 2,28,654 units in January 2019.
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Total domestic sales were down 18% at 45,242 units as compared to 54,915 units in January last year.
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The company's mid-sized sedan Ciaz sold 835 units as compared to 2,934 units in same month last year.
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The Japan-based representative said that Honda will follow local government policy and has not decided when the plants would resume.
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In the Commercial Vehicles segment, the company sold 22,851 vehicles in January 2020, as against 22,625 vehicles in January 2019.
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Registers Cumulative Sales of 52,002 Units in January 2020.
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In a move to encourage make in India, Customs duty on vehicles brought to India in completely knocked down (CKD) form is proposed to be raised to 15 percent, up from 10 percent presently from April 1.
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Finance Minister Nirmala Sitharaman said this budget was aimed to boosting incomes and enhancing purchasing power
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SAIC's India unit, expects significant disruption in supply chain from European, Chinese and other Asian suppliers.
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Gross domestic product in the 19 countries sharing the euro rose 0.1% quarter-on-quarter for a 1.0% year-on-year gain, according to Eurostat, the European Union's statistics office.
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