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Hmsi Sales

HMSI sees 45% jump in May domestic sales; Bajaj Auto sales flat at 355,000

Honda Motorcycle and Scooter India on Monday reported a 45 per cent year-on-year jump in domestic wholesales at 4,50,589 units in May. The company had dispatched 3,11,144 units to its dealers in May 2023. Exports increased to 41,458 units last month from 18,249 units in May 2023, Honda Motorcycle & Scooter India (HMSI) said in a statement. The total sales rose to 4,92,047 units last month as against 3,29,393 units in the same month last year, it added.

HMSI sees 45% jump in May domestic sales; Bajaj Auto sales flat at 355,000
Updated On : 03 Jun 2024 | 4:59 PM IST

Honda Motorcycle & Scooter India sales up 11% at 233,151 units in Dec 2022

Honda Motorcycle & Scooter India on Wednesday reported a 10.7 per cent increase in domestic sales at 2,33,151 units in December 2022. The company had registered domestic sales of 2,10,638 units in the year-ago period, Honda Motorcycle & Scooter India (HMSI) said in a statement. "The market is gaining steady momentum against previous months as well as on a year-on-year basis. Factors like healthy festival season, good monsoon and increased demand for personal mobility have translated well to rise in customer walk-ins and enquiries," HMSI Managing Director, President & CEO Atsushi Ogata said. On the outlook, he said, "Stepping into 2023, we expect that the continuously improving consumer sentiment along with the enhanced effort towards the betterment of economy and infrastructure will build the momentum further.

Honda Motorcycle & Scooter India sales up 11% at 233,151 units in Dec 2022
Updated On : 04 Jan 2023 | 7:26 PM IST

Unit sales down but HMSI's net profit jumps by 604% to Rs 1,000 cr in FY22

During FY22, HMSI exported 332,942 units to various countries mainly Bangladesh, Nepal, Mexico, Guatemala, Colombia, Japan, Peru, UAE, El Salvador and Italy

Unit sales down but HMSI's net profit jumps by 604% to Rs 1,000 cr in FY22
Updated On : 10 Oct 2022 | 10:28 PM IST

Hero MotoCorp to lose top spot in 2-wheeler sales to HMSI: Elara Capital

Rural states, such as Uttar Pradesh, Bihar and Jharkhand, have fallen higher in September on a MoM basis

Hero MotoCorp to lose top spot in 2-wheeler sales to HMSI: Elara Capital
Updated On : 30 Sep 2022 | 11:09 PM IST

HMSI reports 3% decline in total sales at 430,683 units in August

Two-wheeler maker Honda Motorcycle & Scooter India (HMSI) on Wednesday reported a 3 per cent decline in total sales to 4,30,683 units in August. The company had sold 4,43,969 units in the same month last year. Honda Motorcycle & Scooter India said entering the festival season with a steady recovery in economic activity, the company's total sales stood at 4,30,683 units, including 4,01,469 domestic sales and 29,214 exports in August 2021. The domestic sales breached the 4-lakh mark with a growth of 18 per cent, compared to 3,40,420 units in July 2021, it said in a statement. The company's total sales in July stood at 3,84,920 units, including exports (44,500 units ), according to the statement. August ushers in the onset of the festival spirit in the country. With a steady month on month recovery in terms of enquiries and customer walk-ins, we are cautiously optimistic moving forward, expecting conversions to retails, Yadvinder Singh Guleria, Director for sales and marketing, ..

HMSI reports 3% decline in total sales at 430,683 units in August
Updated On : 01 Sep 2021 | 7:49 PM IST

Exploring possibility of exporting H'nessCB350 to global markets: HMSI

Honda Motorcycle & Scooter India (HMSI) is exploring the possibility of exporting its mid-sized premium bike H'ness CB350 to various markets across the globe even as it works to cater to the robust demand for the model in the domestic market, a senior company official said. The company rolls out the bike with over 90 per cent localisation from its Manesar (Haryana) based manufacturing facility. HMSI had introduced the bike in October 2020 and has already crossed 10,000 sales mark in February this year in the domestic market. "Since this model is already meeting the European regulations, there are many countries where this model could be exported. So we are in discussion with our headquarters. Already the model is three months old in the domestic market and there is interest from other Honda companies across the globe," HMSI Director (Sales and Marketing) Yadvinder Singh Guleria told PTI in an interaction. Terming it "one model which is Made in India for the world", he noted that ..

Exploring possibility of exporting H'nessCB350 to global markets: HMSI
Updated On : 28 Feb 2021 | 12:49 PM IST

HMSI aims to drive in multiple products in motorcycle segment for expansion

Two-wheeler major Honda Motorcycle and Scooter India (HMSI) aims to expand its bike portfolio in the country as it looks to bring in new set of customers from both rural and urban areas

HMSI aims to drive in multiple products in motorcycle segment for expansion
Updated On : 23 Aug 2020 | 2:04 PM IST

HMSI doesn't expect revival in auto industry for next two quarters

Honda Motorcycle & Scooter India on Wednesday said it does not see any revival in the automobile sector in the near term. The automobile sector recorded its worst-ever sales decline in two decades in 2019. Speaking after the launch of company's third BS-VI compliant product, the 110-cc Activa 6G scooter, Hero Motorcycle & Scooter India (HMSI) Senior Vice President for Sales and Marketing Y S Guleria said he was not very hopeful of the government giving any concession to the industry on GST rates. "If it happens, definitely it will help from customer point of view," he added. "In near future we do not see any positive revival coming in the market, and after sometime in the long term...But for next two quarters, we are not that upbeat because there is a transition which is going to happen from April 1," Guleria said referring to the BS-VI emission norms becoming mandatory. There will be some time lag and that will also shift the demand, he said, adding Honda is also trying to ...

HMSI doesn't expect revival in auto industry for next two quarters
Updated On : 16 Jan 2020 | 11:51 AM IST

HMSI sales up 41% in November at 4,60,017 units; exports improve slightly

Exports were at 27,667 units in November as against 26,066 units in the year-ago month

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Updated On : 01 Dec 2017 | 8:13 PM IST

HMSI retails over 52,000 units as sales grow by 122% on 1st day of Navratra

Honda Motorcycle & Scooter India (HMSI) today said it has retailed over 52,000 units on the first day of Navratra festival. The company said its sales grew by 122 per cent to over 52,000 units, a record for the company, on the first day of the festival as compared with 23,702 units in 2016. "By strategically advancing the start of the new assembly line (in Karnataka plant), Honda's production has increased by additional 50,000 two-wheelers per month ahead of the auspicious period," HMSI Senior Vice President - Sales and Marketing Yadvinder Singh Guleria said in a statement. This has given dealers a big advantage of being better prepared to meet festive demand this time, he added. Besides, network expansion, marketing campaigns, new model launches and attractive festive schemes has helped the company grow during the festive season, Guleria said. "As a trend, we are seeing huge spike in our customer walk-ins and overall retails in every festival, be it Ganesh Chaturthi,

HMSI retails over 52,000 units as sales grow by 122% on 1st day of Navratra
Updated On : 22 Sep 2017 | 7:03 PM IST