Honda Motorcycle & Scooter sales rise 21% in October
Domestic sales were up 20% year-on-year in the month.
Honda Motorcycle & Scooter India registered total dispatches of 5,97,711 units in October, marking a 21% year-on-year increase. Domestic sales accounted for 5,53,120 units, with exports reaching 44,591 units, up by 20% and 48%, respectively, over October 2023.
HMSI's April-October 2024 sales total 37,56,088 units, with domestic sales contributing 34,34,539 units and exports 3,21,549 units. This sustained growth highlights the company's expanding market footprint and consumer demand across India.
HMSI crossed the milestone of one crore cumulative two-wheeler sales in the central Indian states of Uttar Pradesh, Madhya Pradesh, Uttarakhand, and Chhattisgarh. Additionally, the company reached the 5-million-unit sales mark in Karnataka.
HMSI introduced the new CB300F Flex-Fuel motorcycle, a significant step towards greener transportation in India. Priced at ₹1,70,000 (ex-showroom, Delhi), the CB300F is India’s first 300cc flex-fuel motorcycle, capable of using ethanol-blended fuels, aligning with the country’s sustainable mobility initiatives.
HMSI expanded its dealership network by opening a new BigWing dealership in Kalamassery, Kochi, Kerala. The addition strengthens its premium two-wheeler offerings and reinforces the #GoRidin spirit among Indian riders.
In its ongoing commitment to road safety, HMSI organised awareness campaigns in 10 cities across India, including Bikaner, Palghar, Dr. Ambedkar Nagar, Shillong, among others. The company also marked the seventh anniversary of its Traffic Training Park in Karnal, Haryana, and the fourth anniversary of its Safety Driving Education Centre in Bangalore, Karnataka. HMSI hosted a Road Safety Convention with school principals in Karnal as part of the “Mindset Development for our Future Generation” initiative.
Since its entry into the Indian market in 2001 with the launch of the Activa, HMSI has grown steadily. HMSI reached 50 lakh sales in the central region by 2017 and has since doubled that figure in under seven years, bringing its total to over 1 crore.
RELATED ARTICLES
Weekly News Wrap: CAFE draft, Ather fund raise, JSW MG's new multi-powertrain platform
This week saw key developments across India’s automotive sector, spanning CAFE III regulations, major investments, EV ex...
Ferrari Showcases New Amalfi Spider to Mark India Launch
The V8 2+ spider will be showcased across Mumbai, Delhi and Bengaluru at Ferrari's official dealerships.
ICRA Projects Non-Linear Capex Surge for Automakers Under Stricter CAFE-III Draft
Rating agency estimates a ₹38,000 crore fuel saving potential but warns of margins and pricing pressure for ICE-heavy PV...


05 Nov 2024
13015 Views
Kiran Murali
