New Delhi: Honda Motorcycle & Scooter India (HMSI) on Monday posted 31% growth in domestic sales to 411,578 units in February 2021 as compared to 315,285 units sold last year.
HMSI’s exports grew 16% to 31,118 units with its BS-VI models’ exports gaining momentum in new overseas markets as well, the company said in a statement.
Total sales were up by 29% to 442,696 units in the period under review compared to 342,021 units sold last year.
Talking about February sales, Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said, “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 2nd straight month of 2021.”
He further added, “Backed by robust demand for our models across both Red Wing and Silver Wing (300cc+ premium motorcycles), Honda’s sales have surged 31% in February’21.”
The two-wheeler manufacturer expects to maintain the positive sales momentum in the coming months too, with their three new models (CB350RS, 2021 Africa Twin Adventure Sports, Grazia sports edition).