Honda two wheelers grow 33pc in domestic markets at 551,884 units

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) which has set its eyes on 6 million units sales in FY’2017-18, has started the first month of the financial year with a bang, achieving highest ever sales of  578,929 units, a growth of 34% in a single month. Domestic sales grew by 33% to 551,884 units, crossing the 5.5 lakh mark for the first time.

HMSI sales of automatic scooters, where it is a clear leader, grew by 40% to reach a new peak of 368,618 units, in the process crossing the 3.5 lakh mark for the first time. Honda’s motorcycle sales were up 22% to 183,266 units , thereby becoming the new No. 2 player in the Indian motorcycle segment

If these highs were not enough, HMSI achieved its highest ever market share  of more than 33% (domestic share 6% up) and 30.5% (domestic  + export 5% up). Exports too jumped by 59per cent to 27,045 units

Yadvinder Singh Guleria, Senior Vice President - Sales and Marketing, Honda Motorcycle and Scooter India Pvt. Ltd. said, “April 2017 results mark a great entry for Honda into the new financial year! Honda sold a total of 578,929 two-wheelers with phenomenal 34% growth on the back of customer demand for Honda’s upgraded BS-IV portfolio....”