Two Wheeler Sales January 2015: Honda Motorcycles and Scooters India records 14% year-on-year growth

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Honda CB Unicorn 160 cc launch (2)

Honda Motorcycle & Scooter India recorded a growth almost five times that of the Indian two-wheeler industry, in January 2015. The company clocked sales of 393,787 units against a corresponding figure of 3,44,750 units sold in January 2014. The domestic sales contributed 344,678 units to the overall sales, growing grew at 14% at the end of January’15. Honda’s overall sales (domestic + export) grew at 14% as well in January’15 on a Year-on-Year basis.

Honda-Dream-Neo-Amazing-White

Honda’s domestic market share stood at 28% by the end of January’15, growing at 23% in April’14-January’15, which is nearly double the pace of two-wheeler industry. Honda also entered a tie-up with Shriram Automall India Limited (SAMIL; ushering a new era for pre-owned two-wheeler industry. Under this tie-up, SAMIL will cater to the pre-owned 2-wheeler segment of HMSI, offering an organized structure to this unstructured market.

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The Japanese two-wheeler major is expected to update its Indian portfolio soon and we expect that the new range of products, especially in the performance motorcycle segment, are likely to boost the sales of the company in times to come. Do you agree with us? Share your opinions with us through comments section below.

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