Honda Motorcycles and Scooters India Volume Jumps 18 Percent in April, Crosses 6 Lakh Units Mark

Honda Motorcycles and Scooters India Volume Jumps 18 Percent in April, Crosses 6 Lakh Units Mark May 4, 2018

The second largest two-wheeler maker in India – Honda Motorcycle and Scooter India (HMSI) has reported record volumes in April, crossing the 6-lakh units monthly sales milestone for the first time. The company said its April volumes touched 6,81,888 units, a growth of 18 percent over the same month a year ago. The company had closed FY18 with a 22 percent sales growth crossing the 6 million mark, which was two percentage points over its own target for the year. For the current year, the company has not specified a volume growth target but said it expects to grow in double digits.

ALSO READ:HERO MOTOCORP Q4 PROFIT RISES 35%, BEATS ESTIMATE

The Japanese company also said its scooter sales crossed the 4-lakh volume mark for the first time in April notching up 4,23,527 units, which is 15 percent higher. Similarly, its bikes sales also crossed the 2 lakh units mark helping it for the first time overtake Bajaj Auto at 2,12,284, a growth of 16 percent.

ALSO READ:22 ELECTRIC CAR MODELS TO BE AVAILABLE IN INDIA SOON

Loading...

No Comments so far

Jump into a conversation

No Comments Yet!

You can be the one to start a conversation.

Only registered users can comment.