Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) continued to breach its own sales highs ahead of the festive season in August, 2016. After crossing the 4.5 lakh sales mark in July 2016; monthly sales of Honda 2Wheelers India zoomed close to 5 lakh mark in August 2016. Honda sold a total of 492,416 units in August, 2016 over 395,196 unit sales in August 2015. Honda continues to lead the volume growth in the 2Wheeler industry.
Honda’s domestic sales grew 25% from 373,136 units in August’15 to 466,342 units in August’16. Honda’s two-wheeler sales increased by nearly a lakh units (97,220 units) in August 2016 on year-on-year basis. Led by Activa, Honda’s automatic scooter sales crossed 3 lakh figure second time in a row to peak at all-time high of 336,393 units, growing 27% over the 246,763 units in August 2015. Honda’s Activa ended the 17 year long monopoly of motorcycles to become India’s highest selling two-wheeler of 2016 (January – August 2016) with a lead of over 1.6 lakh units over its second largest competitor.
Honda’s motorcycle sales too grew 11% from 126,373 units in August’15 to 129,949 unit sales in August 2016.
Honda 2Wheelers India exports reached ever-highest of 26,074 two-wheelers in August 2016. For the first time ever, Honda’s two-wheeler exports crossed the 1 lakh mark in just five months with a robust 29% growth compared to the -13% de-growth of industry exports.
Honda also inaugurated six Best Deal’ outlets – the 2Wheeler industry’s first organized retail set-up exclusively for certified pre-owned 2Wheelers. With this, the Best Deal network is at 107 outlets in 81 cities across 20 States.