Honda 2Wheelers: According to the SIAM report of two-wheeler automotive enterprise and regional research in India, Honda Motorcycle and Scooter India (HMSI) recently, declared their closing financial report for the year 2017-18. The report clearly shows an unbelievable customer sales growth which has made the latest world record in sales archives. Honda has become first two-wheeler industry to create a world record by combining more than 1 million buyers in a single fiscal.
The cumulative sales of Honda 2Wheelers India have increased by 22 percent from 5,008,230 vehicles in FY’2016-17 to 6,123,886 vehicles in FY’2017-18. The domestic trades of the company exceeded 4,725,067 units in FY’2016-17 to top-most of 5,775,243 units in FY’2017-18. It made a world record on the worldwide stage, tradings pass over 3 lac threshold in history and raised 23 percent from 283,163 units in FY’2016-17 to 348,643 units in FY’2017-18.
|Fiscal year sales||March sales|
|Honda 2Wheelers India sales||FY’2017-18||FY’2016-17||March’18||March’17|
According to the Sales and Marketing Head Vice President of HMSI, Yadvinder Singh Guleria, “In the year 2017-18, Honda India & Honda 2Wheelers India experienced increased sales. It is the first two-wheeler industry globally to increase sales at highest speed which was never seen before. They successfully combined more than 1 million incremental buyers in a single fiscal”.
Yadvinder Singh Guleria further said that due to great buyer interest, the company has excelled their most tough objective till now and the sales peaked at 6,123,886 units with 22 percent progress. The company introduced 4 latest variants, new capacity infusion, an increase of 500 latest network outlets extending Honda’s reach to hinterlands. The company favorably strengthened management moreover in scooter section whereas rapidly expanding more two-wheelers buyers.
The sales report is by means of the SIAM information of Indian 2W industry and HMSI’s internal study. According to the executives, the achievement was gained because of the introduction of four latest vehicles, all-new capacity infusion, and the extension of 500 further channel. Recently, in the 2018 Auto Expo, HMSI revealed a brand-new bike, namely X-Blade. They also presented its modified Activa 5G, 2018 CBR 250R, and CB Hornet 160R. Recently, the Honda company assembled 56,194 units of the Grazia, Activa 125 and Aviator above an unfinished portion in the front fork.