Honda Grazia 125cc scooter, the all new offreing from the brand has sold 1 lakh units in less than 5 months of launch. Honda Grazia 125cc scooter was launched on 8th November 2017.
Yadvinder Singh Guleria, Senior Vice President – Sales and Marketing, said, “Equipped with innovative segment first features like LED Head lamp, fully digital meter with 3 step Eco speed indicator along with modern styling sets it apart in the segment. The phenomenal response from young urban customers reaffirms that more and more upwardly mobile youth who desired an advanced, stylish, powerful and convenient scooter are now buying Grazia.”
Sure that’s a reason to celebrate, and Honda has a quite a few good reasons to smile. HMSI ended FY17-18 with 6,123,886 unit sales at 22 percent growth. Exports for the FY stood at 348,643 units. Earlier in the week, a recall announcement was made regarding Honda Activa 125, Grazia and Aviator. All recalled units are being fixed free of cost. The newly launched TVS Ntorq goes up against the Honda Grazia 125cc scooter.
Yadvinder Singh Guleria, Senior Vice President – Sales and Marketing, Honda Motorcycle and Scooter India Pvt. Ltd. said,
“2017-18 is the year of rise of Honda in India and Honda 2Wheelers India is the only two-wheeler company in the world to grow at a pace witnessed never before, adding 1 million plus incremental customers in a single year. Led by strong customer demand, Honda has surpassed its most challenging target ever and sales apexed at 6,123,886 units with 22% growth. With 4 brand new models, new capacity infusion, addition of 500 new network outlets increasing our reach to hinterlands, Honda successfully consolidated leadership further in scooter segment while aggressively gaining new motorcycle customers.”
Honda 2Wheelers India total sales grew 22 percent from 5,008,230 units in FY16-17 to 6,123,886 units in FY17-18. Honda domestic sales crossed are up at 5,775,243 units in FY17-18 from 4,725,067 units in FY16-17.
Sales for March 2018 are up at 417,336 from 338,856 units in March 2017. Exports for the month are down to 23,163 units from 27,234 units sent overseas in March 2017. Total sales are comfortably up at 440,499 units from 366,090 units sold in march 2017.