Honda Motorcycle & Scooter India Pvt. Ltd. has created a new record ahead of the festive season, breaching 6 lac sales mark in a single month for the first time.
Historic August 2017 saw total sales grow 26% from 492,368 units in August’16 to 622,180 units. Alone adding nearly 50% new volumes to the industry and gaining 3% market share, Honda is the Highest volume gainer and also the Highest market Share Gainer of the two-wheeler industry.
Leading the domestic industry growth with 26% growth, Honda’s domestic sales closed at highest ever 586,173 units in Aug’17 compared to 466,289 units in Aug’16.
Both Honda scooter and motorcycles sales are at an all time high at the start of festival. Honda’s motorcycles saleclosed at 191,944 units in Aug’17 with solid 48% growth over 129,926 units sold in August’16 while Scooter sales grew 17% from 336,363 units in Aug’16 to 394,229 units in August’17.
Parallely, exports continue to grow strong. Export sales peaked at all-time highest mark of 36,007 units in August’17, registering a solid 38% growth over 26,079 units in Aug’16.
|India is riding home on a Honda in 2017 festive season (August’17 sales)|
|August 2016||August 2017||Mkt share||Growth|