Moneycontrol PRO
HomeNewsBusinessHonda Motorcycle and Scooter India sales rise 67 percent in June

Honda Motorcycle and Scooter India sales rise 67 percent in June

The company had sold a total of 2,32,497 vehicles in June 2021, HMSI said in a statement on July 1.

July 01, 2022 / 21:54 IST
Image: Honda

Image: Honda

Two-wheeler maker Honda Motorcycle and Scooter India (HMSI) reported a 67 percent year-on-year growth in its total two-wheeler sales at 3,83,882 units in June.

The company had sold a total of 2,32,497 vehicles in June 2021, HMSI said in a statement on July 1. In the domestic market, the sales grew 65 per cent to 3,55,560 units in June 2022 as compared with 2,12,453 units in the same month last year, it said.

"The growth expectations with which we set out in the beginning of FY23 are gradually turning into a reality. Timely arrival of monsoon has impacted the economic indicators favourably," Atsushi Ogata, Managing Director, President and CEO at Honda Motorcycle and Scooter India, said.

He said the company expects the coming months to sustain this upward trend as more customers look for two-wheeler mobility options.

PTI
first published: Jul 1, 2022 09:53 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347