Honda crosses One Million Sales Mark in First Quarter for the First time

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Selling 348,793 units, Honda grows at 7% in Domestic market more than double the domestic industry growth

  • Domestic Market share is 26%(7% Up), while Dom+Exp market share is 23% (8% Up)
  • Launches two new 2015 editions of Aviator &ActivaI; announces the new brand ambassador youth iconTaapseePannu for the same
  • Honda recognized with the ‘Certificate of Appreciation’ from Delhi Police for Road safety summer camp 2015

Manesar, June 06, 2015: Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) – the Only Honda in Indian 2wheeler industry sold 348,793units in June 2015 against 323,136units in the corresponding month of 2014. Continuing its positive momentum,Honda 2-wheelergrowth was 8% (Dom + Exp) versus 6%of the industry in June 2015.

Domestic sales: Domestic two wheeler sales reached 331,782 units, registering a7% growth in June 2015. Also, the Q1, FY’15-16 was closed with 6% growth in sales Y-o-Y for both Domestic and Dom + Exp.

Exports: Honda 2-wheeler exports grew23.6%, from 13,762 units to 17,011 units in June 2015

Segment Sales: Honda products continued to witness encouraging responsewith 27% rise in scooter salesto 219, 650units in June 2015 versus 166, 592unitsin June 2014.

Honda motorcycle sales stood at 112,132 units in June 2015 to 142,782 units last year 2014.

Honda vs. Industry: In the month of June 2015 Hondagrew at 7% in Domestic market which is more than double the domestic industry growth of 3%. Also, Honda added a phenomenal 60,677 unitsin Q1 gaining 2% market share, while domestic 2-wheeler industry declined by 1,337 units

 

Key Highlights :

JUNE’15 PERFORMANCE:

Highlight: Honda grows at 7% which is more than double the domestic industry growth of 3%

Total Sales: Total 348,793 units sold in June’15 with 8% growth in Domestic+ Export market

Market Share: HMSI Dom market share is 26% (1% up), while Dom+ Exp market share is 23%

Product: Honda launches 2 new automatic scooters (Aviator and Activai) and announces brand association with actress TaapseePannu

Award: Honda recognized with the ‘Certificate of Appreciation’ from Delhi Police for Road safety summer camp 2015

Q1, FY’15-16 PERFORMANCE:

Highlight: Honda crosses One Million unit sales mark in First Quarter for the 1st time.

Highest market share gainer -> Honda is the Only two-wheeler company to gain 2% points share in Q1 on YoY basis

Highest Volume gainer -> Honda added a phenomenal 60,777 units in Q1, while overall domestic two-wheeler industry declined by negative 1,337 units

CCI Newswire 

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