Honda 2W sale March 2022

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Honda closed the month with sales of 3,21,343 units, related to growth of 21.82 percent year-over-year

New Honda Assets 6g
Image – Auto Travel Tech

Two-wheeler sales have not been particularly noteworthy in recent months. Rising fuel prices have led to increased demand for electric vehicles, while the work-from-home or hybrid work culture continues even as the pandemic eases.

Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI) has recorded a decline in year-on-year growth, both in terms of domestic sales and exports. However, MoM sales ended more positively, although the company has also reported a significant drop in sales in the first quarter of 2022.

Honda 2W sale March 2022

Honda’s March 2022 domestic sales were 3,09,549 units. This was a decrease in year-on-year growth of 21.64 percent from 3,95,037 units sold in March 2021. By contrast, exports fell 26.29 percent to 11,794 units, compared to 16,000 units shipped in March 2021. Total sales including domestic + exports amounted to 3,21,343 units in the past month. This was a de-growth of 21.82 percent to 3,21,343 units, compared to 4,11,037 units sold in March 2021.

MoM sales also fell 2.79 percent from 3,12,621 units sold in February 2022. Domestic sales increased 8.36 percent to 3,09,549 units from 2,85,677 units sold in February 2022, with a share percentage of 91.38%. In March 2022, this rose to 96.33 percent.

Honda Two Wheeler Sale March 2022
Honda Two Wheeler Sale March 2022

Honda saw a substantial drop in exports of 56.23 percent from 26,944 units sold in February 2022. While the Honda Assets are selling well in the Indian market, Honda’s most exported scooter remains the sporty Dio.

Honda Q1 2022 vs Q1 2021 Sale

Taking into account sales in the first quarter of 2022, Honda sold 9,88,173 units during that period. This was a de-growth of 23.45 from 12,90,916 units sold in the same Q1 period of 2021. Domestic sales declined 25.58 percent to 9,10,422 units in Q1 2022 from 12,23,331 units sold in Q1 2022. Q1 2021, with a share percentage of 92.13 . Exports, on the other hand, rose 15.04 percent to 77,751 units in the first quarter of 2022 from 67,585 units sold in the first quarter of 2021, with a share of 7.87.

Honda recently reached the milestone of 30 lakh two-wheeler exports in 21 years. Honda Navi, which was recently launched, could not find much demand in the Indian markets, but has been the main export product for Honda in recent months. Exports are made to more than 29 global markets where, along with the Navi, Dio, X-Blade, Dream, CB Shine, Hornet, Unicorn, Activa and CB350 Hness, there is good demand.

Honda Two Wheeler now plans to launch a range of new scooters and motorcycles in India to boost sales. They will also bring in electric scooters given the increased demand. Last month, they filed design patents for 3 new scooters, images of which have surfaced online, while Honda has also filed a trademark for CBR150R in India. Honda 2W continues to strengthen and expand its BigWing networks, which have reached 100 points nationwide, while the company’s Service on Wheels continues to provide quality service at the customer’s doorstep.