Honda 2 Wheelers sales grew by 32% in February 2018

Honda XBlade Bookings Open

Honda 2 Wheelers sales grew by 32% in February 2018

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) continues to outperform its 20% growth target for the fiscal and created new records ending February, 2018.

Backed by continuous demand, Honda’s total sales stood at 5,683,340 two-wheelers in April’17 to Feb’18 compared to 4,642,130 units in April’16 to Feb’17. With this, Honda has created a new record of adding the fastest ever one million incremental sales in just 11 months for the first time.

On the domestic front, scooter sales too grew 21% to 3,556,503 units while motorcycles continue to vroom ahead with 24% growth over last fiscal.

Paralelly, exports have for the first time breached the 3 lac mark in any year (that too in just 11 months) with 27% growth to 325,480 unit sales in YTD period.

Honda 2 Wheelers February 2018 Sales

Posting 30% plus growth for the fourth consecutive month of 2017-18, Honda 2Wheelers total sales surged up by a solid 32% from 393,642 units sold in Feb’17 to 519,735 units sold in Feb’18. Domestic sales too were up 32% from 370,122 units to 489,591 units in Feb’18. Honda’s scooter sales grew 30% to 325,193 units in Feb’18 while motorcycles sales were up a solid 37% to 164,398 units in Feb’18.

Honda 2 Wheelers February 2018 Sales

Commenting on Honda’s performance, Mr. Yadvinder Singh Guleria, Senior Vice President – Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said

FY’2017-18 is already shaping up as a historic year for Honda. For the first time, Honda created a new record of adding 1 million plus incremental customers and exports too have breached the 3 lac mark in less than one fiscal. At the Auto Expo, Honda unveiled its transformation theme showcasing the league of LEDs & the all-new motorcycle X-Blade that will hit the market this March 2018. This sales momentum & trust of customers in Honda 2Wheelers India will add new wind beneath our wings as we enter the next financial year.

You can add more to this story by commenting below. 

 

Love Reading about Cars and Bikes?

Get email updates on latest cars and bikes! Join us

You have Successfully Subscribed!

Author: Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to reach@gaadikey.com for any enquiries. Follow me on twitter and facebook as well!

Share This Post On