Honda 2Wheelers Continues To Deliver Promising Results; Crosses 5 Million Sales Mark In 10 Months

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Honda Motorcycle & Scooter India (HMSI) has outperformed its 20% growth target for the fiscal and has created new records ending January, 2018. For the first time in its 17 years of Indian operations, Honda’s two-wheeler sales have surpassed 5 million sales mark in 10 months. Honda sold a total of 5,163,559 units in April 2017 to January 2018.

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Backed by demand, scooter sales too grew 20% to cross 3 million mark (3,231,297 units) while motorcycles continue to race ahead with 23% growth over last fiscal. Honda’s exports grew by 27% – strengthening its position as India’s 3rd largest two-wheeler exporter.

Honda 2Wheeler India : YTD sales (April’17 – January’18) 
     YTD 2016-17 YTD 2017-18 Growth
Motorcycles 1,331,247 1,636,926 23%
Scooter 2,684,842 3,231,297 20%
DOMESTIC 4,016,089 4,868,223 21%
Export 232,399 295,336 27%
TOTAL SALES 4,248,488 5,163,559 22%

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Honda 2Wheelers’ total sales surged up by 33%, from 389,313 units sold in January 2017 to 517,732 units sold in January 2018. In the domestic front, scooter sales saw 40% sharp rise from 228,811 units in January 2017 to 319,305 unit sales in January 2018. Motorcycles sales too grew 22% from 139,161 units in January 2017 to 169,505 units in January 2018.

Honda 2Wheeler India : January 2018  sales
    Jan, 2017 Jan, 2018 Growth
Motorcycles 139,161 169,505 22%
Scooter 228,811 319,305 40%
DOMESTIC 367,972 488,809 33%
Export 21,341 28,923 36%
TOTAL SALES 389,313 517,732 33%

 

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