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Honda Motorcycle and Scooter India reports 15% overall sales growth in July, sells 4,43,643 units – Times of India

Honda Motorcycle and Scooter India lately reported its overall sales growth of 15% for July 2022. The firm’s complete sales stood at 4,43,643 units, together with home sales of 4,02,701 units and exports of 40,942 units.
HMSI reported 18% growth in home sales in July 2022 over the corresponding month final yr when sales stood at 3,40,420 units. However, the corporate’s export sales declined 8% at 40,942 units final month.
“Factors like good monsoon and increased demand for personal mobility have translated well to rise in customer walk-ins & enquiries. Commencing second quarter on a high along with the coming festive season, we expect to regain the growth momentum at a faster rate,” says Atsushi Ogata, Managing Director, President & CEO, Honda Motorcycle & Scooter India.
Last month, the corporate introduced its collaboration with Kyndryl to raise the IT and safety throughout its manufacturing vegetation. Besides, HMSI additionally commenced the exports of its 125cc motorbike SP125 to New Zealand and Australia. The agency has already dispatched 250 units of the motorbike that will probably be offered with the title ‘CB125F’ in these markets.
HMSI lately inaugurated its Honda BigWing retailers in Madurai (Tamil Nadu), Thodupuzha (Kerala), Malappuram (Kerala) and Warangal (Telangana).
Honda is gearing as much as launch its 350cc bike below its Honda BigWing premium on August 8, 2022. Christened as ‘The Formidable’, we count on it to be both a cruiser motorbike to tackle the Royal Enfield Meteor 350 or an journey tourer. The model is but to disclose extra details about the motorbike. Stay tuned!

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