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Honda 2 Wheelers Sales May 2017: Sells 537,035 units; Grows at 23%

Chethan Thimmappa by Chethan Thimmappa
June 1, 2017
in Bikes, Honda
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Honda 2 Wheelers Sales May 2017: Sells 537,035 units; Grows at 23%

Continuing its aggressive sales momentum in fiscal 2017-18, Honda Motorcycle & Scooter India Pvt. Ltd. closed May 2017 with 5 lakh units plus sales for second month in a row.

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Total sales in May 2017: (Domestic + Export)

Overall Honda 2Wheelers India sold a total of 537,035 units in May 2017 compared to 436,328 units in May 2016. Honda’s total sales grew by 23% which is double the industry growth of 11% in the month.

Domestic sales in May 2017:

Honda’s domestic two-wheeler sales (scooter + motorcycle) grew 23% from 415,860 units in May’16 to 510,381 units in May’17. Leading the scooterization of India, Honda’s automatic scooter sales closed at 334,165 units in May’17 with a solid 24% over 268,429 units in May’16. Honda also consolidated as No. 2 brand in domestic motorcycle segment. Honda’s motorcycles sales recorded a robust 20% growth (147,431 units in May’16 to 176,216 units in May’17).

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With increased focus, Honda 2Wheelers India’s exports jump by 30% to 26,654 units from 20,468 units.

Elaborating on the market, Mr. Yadvinder Singh Guleria, Senior Vice President – Sales and Marketing, Honda Motorcycle and Scooter India Pvt. Ltd. said,

Honda continues to outpace the two-wheeler industry growth growing nearly three times that of the industry in April-May 2017. Increased acceptance of Honda’s newly launched motorcycles has resulted in Honda maintaining its No. 2 position in the motorcycle segment for second month in a row. Overall, the two-wheeler industry has once again bounced back to double digit growth after six months indicating early signs of recovery. However, with upcoming GST implementation, industry sentiment is cautiously optimistic.

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Honda also announced commencement of bookings for the first 50 customers of Honda CRF1000L Africa Twin motorcycle in India.

 You can add more to this story by commenting below. 

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  1.   Hero Sales Report May 2017: Sells 6,33,884 units; Records 8.7% growth
  2.   Yamaha reports 11% domestic sales growth in May 2017
  3.   Honda 2Wheelers India sky-rockets to All Time High sales
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Chethan Thimmappa

Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to [email protected] for any enquiries.

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