Two-Wheeler Sales January 2018: Honda Sales Grow 33 Per Cent

In the ten-month period from April 2017 to January 2018, sales of Honda Motorcycle and Scooter India (HMSI) have crossed 50 lakh units. In all, Honda sold 51,63,559 units in the April 2017 - January 2018 period. Scooter sales in the same period grew by 20 per cent to cross the 30 lakh mark, while motorcycle sales grew 23 per cent in the period. In all, Honda sold 32,31,297 scooters in the April 2017 to January 2018. At the same time, Honda's exports also grew by 27 per cent in the same period, cementing its position as India's third largest two-wheeler exporter.

In January 2018, Honda sales surged by 33 per cent from 3,89,313 units in January 2017 to 5,17,732 units sold in January 2018. Scooter sales in the same month grew by a whopping 40 per cent from 2,28,811 units in January 2017 to 3,19,305 units in January 2018. Motorcycle sales in the same month grew by 22 per cent from 1,39,161 units in January 2017 to 1,69,505 units in January 2018.

The Honda Grazia is the newest 125 cc scooter from Honda Motorcycle and Scooter India (HMSI)

"FY'2017-18 is already shaping up as a historic year for Honda. In just 10 months of this fiscal, Honda has added over 9 lac new customers and crossed 5 million sales mark in the shortest time. The Government announcements in Budget 2018 too should accelerate rural demand. With firm thrust on rural economy is evident from increasing Kharif crop MSP to 1.5 times the production cost. The infrastructure focus of the government is very strong on rural areas and highways. With almost 50% of two-wheeler demand coming from rural and semi-urban India, Budget 2018 should have a positive impact on customer sentiments," said Yadvinder Singh Guleria, Senior Vice President - Sales and Marketing, Honda Motorcycle and Scooter India.

The Honda CB Shineis one of the largest selling 125 cc motorcycles

Honda's exports in January 2018 also grew by over 36 per cent, when the company exported 28,923 units, compared to 21,341 units exported in the same month a year ago. In 2017, Honda launched a new 125 cc scooter, the Honda Grazia, and for 2018, several new products are expected to be launched, including an all-new scooter, as well as a new premium commuter motorcycle.