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Honda Motorcycles eyeing two million unit sales this year Read more: Honda Motorcycl

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  • Honda Motorcycles eyeing two million unit sales this year Read more: Honda Motorcycl

    The Japanese two-wheeler major Honda Motorcycle & Scooters India, the 100 per cent owned two-wheeler subsidiary of Japanese major Honda Motor Company, is set to cross two million two-wheeler sales this year, up from 1.6 million it logged last year in India. The Honda joint venture Hero Honda regularly clocks five million units and is the leading two-wheeler maker in the country by a clear margin. Now after the exit of the joint venture, Honda is firm to climb up the numbers on its own. It was reported that the company plans to launch at least two more models during the year, which includes a 100cc bike, a large segment in the country, along with another scooter, where the company has garnered a market share of 54 per cent. Overall HMSI has a market share of about 13-14 per cent in the country's two-wheeler market.
    The reports also stated that HMSI is in the process of increasing its manufacturing capacity to 4 million two-wheelers a year with a new plant in Karnataka, up from 2.8 million production capacity across two manufacturing bases in the country. The reports quoted Makato Yoshii, Operating Head, South and West, HMSI as saying that the company already has over 2,000 bookings of its newly launched CBR250R. Of the 2.1 million sales during the year, the domestic market is likely to account for 1.9 million. Two new models will be launched into cater to the big 100cc bike market and growing demand for scooter segment.

    Read more: Honda Motorcycles eyeing two million unit sales this year | WheelsUnplugged



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  • #2
    News approved
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    • #3
      its good news, and with there new factory coming up, its sales will increase further.

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