Motorcycle & Scooter India Pvt. Ltd. (HMSI) which has set its eyes on 6
million units sales in FY’2017-18, has started the first month of the financial
year with a bang, achieving highest ever sales of 578,929 units, a growth of 34% in a single
month. Domestic sales grew by 33% to 551,884 units, crossing the 5.5 lakh mark for
the first time.
sales of automatic scooters, where it is a clear leader, grew by 40% to reach a
new peak of 368,618 units, in the process crossing the 3.5 lakh mark for the
first time. Honda’s motorcycle sales were up 22% to 183,266 units , thereby
becoming the new No. 2 player in the Indian motorcycle segment
these highs were not enough, HMSI achieved its highest ever market share of more than 33% (domestic share 6% up) and 30.5%
(domestic + export 5% up). Exports too
jumped by 59per cent to 27,045 units
Singh Guleria, Senior Vice President - Sales and Marketing, Honda Motorcycle
and Scooter India Pvt. Ltd. said, “April 2017 results mark a great entry for
Honda into the new financial year! Honda sold a total of 578,929 two-wheelers
with phenomenal 34% growth on the back of customer demand for Honda’s upgraded
Honda Motorcycle &
Scooter India (HMSI) – April 2017 sales
RECORD – Crosses 3.5 lakh sales for 1st time in one month)
robust double digit growth, Honda is No. 2 in domestic motorcycle sales)
RECORD – Crosses 5.5 lakh mark for first time)
RECORD – Domestic mkt share at 33% which highest ever)
export industry momentum with 59% growth)
RECORD – Highest ever sales in single month, Crosses 5.5 lakh sales for 1st
time in one month)
RECORD – Total mkt share at 30.5% which is highest ever)
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