The Indian Wire » Automobiles » Two-wheeler sales of Honda grew by 33% in January 2018
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Two-wheeler sales of Honda grew by 33% in January 2018

In the period extending from April 2017 to January 2018, the sales of Honda Motorcycles have crossed Rs. 50 Lakh units. All in all, 51,63,559 units were sold in this 10-month period. Scooter sales have grown by 20% and have crossed 30 Lakh mark whereas the motorcycles have grown by 23%. Honda sold off around 32,31,297 scooters in this period and at this time, the exports of Honda also grew by 27% thereby making Honda appear as the third largest two-wheeler exporter. As compared to January last year, this year the sales of Honda have risen by 33% from 3,89,313 units to 5,17,732 units. The scooter sales have grown by 40% from 2,28,811 units in January 2017 to 3,19,305 units in January 2018. Motorcycle sales too grew by 22% from 1,39,161 units to 1,69,505 units. Honda has added more than 9 Lakh customers and the sales too have crossed more than 5 million mark in the shortest time. Almost 50% of the two-wheeler demand has arisen from rural and semi-urban India and the budget of the year 2018 should have a positive impact on the customer sentiments stated the senior vice president of sales and marketing Yadvinder Singh Guleria.

Exports of Honda have grown by more than 36% in January 2018 since the company has exported more than 28,923 units as compared to 21,341 units in January 2017. Honda Grazia, a new 125 cc scooter too was launched by Honda in 2017 and for 2018, a series of new products including an all-new scooter along with a new premium commuter motorcycle. Owing to the growth of the sales of two-wheelers of Honda, the expected growth in 2018 is going to rise by 33%.

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