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BREAKING NEWS

Honda two-wheelers sales up 4 per cent

03 Jul 2017

Mumbai July 3 (IANS) Two-wheeler maker Honda Motorcycle and Scooter India on Monday reported a rise of four per cent in its monthly sales for June.

According to the company it sold a total of 444 713 units during the month under review compared with 427 222 units in June 2016.

Honda maintained its market share of 26 per cent while Honda and its business partners including vendors and sales network underwent the successful planned migration of all systems to Goods and Services Tax (GST) regime the two-wheeler maker said in a statement.

During the month the company s domestic two-wheeler sales (scooter and motorcycle) rose by two per cent to 416 498 units.

The company s automatic scooter sales clocked 271 017 units during June compared with 265 361 units sold during the corresponding month last year.

Honda continued to consolidate its position as No. 2 brand in domestic motorcycle segment for three consecutive months. Honda s motorcycles sales grew 2 per cent from 142 618 units in June 2016 to 145 481 units in June 2017 it added.

Exports of the company surged by 47 per cent to 28 215 units in June from 19 243 units in the same period in 2016.

--IANS
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