Exports of Honda two-wheelers' India up 47 pc in June

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SME Times News Bureau | 04 Jul, 2017
Two-wheeler maker Honda Motorcycle and Scooter India on Monday reported a rise of four percent in its monthly sales for June.

Exports of the company surged by 47 percent to 28,215 units in June from 19,243 units in the same period in 2016.

According to the company, it sold a total of 444,713 units during the month under review compared with 427,222 units in June 2016.

"Honda maintained its market share of 26 percent, while Honda and its business partners, including vendors and sales network, underwent the successful planned migration of all systems to Goods and Services Tax (GST) regime," the two-wheeler maker said in a statement.

During the month, the company's domestic two-wheeler sales (scooter and motorcycle) rose by two percent to 416,498 units.

The company's automatic scooter sales clocked 271,017 units during June compared with 265,361 units sold during the corresponding month last year.

"Honda continued to consolidate its position as No. 2 brand in domestic motorcycle segment for three consecutive months. Honda's motorcycles sales grew 2 percent from 142,618 units in June 2016 to 145,481 units in June 2017," it added.