City
Epaper

HMSI's total sales up 29% in February

By IANS | Updated: March 1, 2021 22:45 IST

New Delhi, March 1 Honda Motorcycle & Scooter India on Monday reported a rise of 29 per cent ...

Open in App

New Delhi, March 1 Honda Motorcycle & Scooter India on Monday reported a rise of 29 per cent in its total sales for February.

Accordingly, the company's domestic sales rose 442,696 units last month as compared to 342,021 units sold last year.

The company's domestic sales grew 31 per cent to 411,578 units last month as compared to 315,285 units sold last year.

Parallely, Honda's exports grew 16 per cent to 31,118 units with its BS-VI models exports gaining momentum in new overseas markets as well.

"While the industry growth is expected to hover near the double digits in Q4 and upcoming Q1 due to the low base of BSVI transition, Honda continues to drive the 2Wheeler demand recovery for 2nd straight month of 2021," said Yadvinder Singh Guleria, Director, Sales & Marketing, Honda Motorcycle & Scooter India.

"Backed by robust demand for our models across both 'Red Wing' and 'Silver Wing' (300cc+ premium motorcycles), Honda's sales have surged 31 per cent in February 21. We are confident of maintaining the positive sales momentum in coming months too, with our 3 new models (CB350RS, 2021 Africa Twin Adventure Sports, Grazia sports edition) exciting the market."

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Honda Motorcycle and Scooter IndiaYadvinder singh guleriahonda
Open in App

Related Stories

NationalBengaluru: Fire Breaks Out at Planet Honda Showroom on Dr Rajkumar Road (Watch Video)

InternationalHonda and Nissan in Merger Talks, Say Reports

Other SportsYoung guns of Honda Racing India Team shine in Round 2 of Honda India Talent Cup

InternationalTom Cruise on what drives him to do death-defying stunts in 'Mission Impossible: Dead Reckoning'

Other SportsAsian Road Racing Championship 2023 in Japan: Honda Racing India team demonstrates resilience in Race-1

Business Realted Stories

BusinessSafeguard credibility, define boundaries, communicate honestly, WAVES panel advises influencers

BusinessNirmala Sitharaman to attend ADB's annual meeting in Italy

BusinessIndia set to lead World Bank's global land reform talks in Washington

BusinessUS dominates perception battle with India as they negotiate a trade deal: GTRI's Ajay Srivastava

BusinessMumbai: Mumbai: WAVEX highlights investment potential of media-entertainment startups