Latest News | HMSI Reports 29 Pc Rise in Total Sales in Feb At 4,42,696 Units
Get latest articles and stories on Latest News at LatestLY. Honda Motorcycle & Scooter India (HMSI) on Monday reported a 29 per cent increase in total sales at 4,42,696 units in February.
New Delhi, Mar 1 (PTI) Honda Motorcycle & Scooter India (HMSI) on Monday reported a 29 per cent increase in total sales at 4,42,696 units in February.
The company had sold a total 3,42,021 units in the same month last year, HMSI said in a statement.
Domestic sales last month stood at 4,11,578 units as against 3,15,285 units in February 2020, a growth of 31 per cent, it added.
"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 second straight month of 2021," HMSI Director (Sales and Marketing) Yadvinder Singh Guleria said.
The company is confident of maintaining the positive sales momentum in coming months too, with three new models (CB350RS, 2021 Africa Twin Adventure Sports, Grazia sports edition) exciting the market, he added.
The two-wheeler major said its exports grew 16 per cent last month to 31,118 units as compared with the year-ago period.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)