Honda Motorcycle and Scooters India 11% sales growth in June 2013
Honda Motorcycle and Scooters India (HMSI) have reported an 11% increase in sales during the month of June 2013. The company sold a total of 2,52,114 units during the month as against a total of 2,26,929 units sold in the same month in the previous year. Taking only motorcycle sales during the month, HMSI reported a 17% increase in sales with 1,20,639 units sold as compared to 1,03,195 units sold in June 2012.
Likewise, in the scooter segment, HMSI reported a 6% increase in sales during June 2013 with 1,31,475 units sold up from 1,23,734 units sold in June 2012. The companyā€™s third plant at Narsapura Area in Kolar district of Karnataka, got off to a flying start in mid June and is working at top speed to cater to the long list of waiting customers.
This plant built at an investment of INR 1,350 crores manufactures the Dream Yuga and Activa. HMSI also launched two new models CBR 250R and Dream Yuga with HET which are expected to consolidate their growth in the months ahead as well. The company now enjoys 20% market share in teh two wheeler market here.
“While Indian 2W industry witnessed a de-growth of 5%, Honda continues to lead on back of strong customer demand and has clocked 11% growth in June 2013. With the start of 3rd plant in mid June, we are working with new speed to satisfy our 95,000 waiting customers faster with quality products and services near them. Now with the start of all India availability of our recently launched CB Trigger and Dream Neo, we are confident of consolidating our growth in future too.ā€¯ said Y.S Guleria, Vice President – Sales & Marketing, Honda Motorcycle & Scooter India Pvt Ltd.