The company had dispatched 1,97,542 units to its dealers in March 2023.
Hero MotoCorp reported a 12 percent decline in total sales, with 3,91,310 units sold in July, compared to 4,45,580 units in the year-ago period. Its domestic sales were at 3,71,204 units, down from 4,30,684 units in July 2022.
The initiative enables customers to acquire an extended warranty within a flexible window of 91 days to ninth year from the date of vehicle purchase, the two-wheeler major said in a statement.
The company had sold 3,52,893 units in May 2022, Honda Motorcycle and Scooter India (HMSI) said in a statement.
Certain parts inside the battery pack, such as motors and magnets, are impossible to find in India, and will have to be imported, said Ogata.
The company has identified that due to improper setting of the programme in the PGM-FI unit, there is a possibility of the engine to stall while riding, HMSI said in a statement.
The extension is applicable to those customers, whose vehicle's free service, warranty and extended warranty was originally ending between April 1 and May 31, 2021, HMSI said in a statement.
The company is also focusing on increasing its premium motorcycle segment with launches such as the Honda CB350 and CB350 RS, the CB500X and the even the CB650R and CBR650R.
December quarter of 2019-20 had witnessed low sales as the industry was transitioning from BS IV to BS VI emission norms while the fourth quarter was hit by the COVID-19-induced lockdown.
Six of the country's top two-wheeler manufacturers who control about 90 percent of the domestic volumes reported 11 percent growth in sales to 1.36 million units in February as against 1.23 million posted same month last year
The southern region comprises Tamil Nadu, Karnataka, Kerala, Telangana, Andhra Pradesh, Puducherry and Union Territory of Andaman. It took Honda 15 years to gain the trust of its first 75 lakh customers (2001-2016) in the region, HMSI noted in a statement.
Celebrating the success of Activa’s 20-years unparalleled journey of leadership and trust of over two crore Indian customers, the company has launched the special 20th-anniversary edition of Activa 6G, HMSI said in a statement.
The Japanese company, which dominates scooter segment in the country with products like Activa and Dio, is now looking to expand its footprint in rural areas with a new motorcycle which would sit below its CD 110 range, the company's most affordable bike at the moment.
The new online booking platform provides a quick and transparent booking experience for customers who can select the variant, colour and authorised dealer of their choice and complete their booking in six easy steps, HMSI said in a statement.
The BSVI version comes with new headlamp, start/stop switch, service due indicator, five step adjustable rear suspension among other features.
The company, however, remains optimistic on the long-term growth prospects of the domestic two-wheeler industry.
With a 360-degree outlook of balancing the forward and backend linkages across its ecosystem and the evolving market demand, the company has aligned its production plans, HMSI said in a statement.
Around 45 percent of the company's dealers and 30 percent of its total network touch points have now reopened, it added.
The two-wheeler major is also looking to have a separate exclusive sales network for the premium bikes as its looks to establish the business as a sustainable standalone vertical going ahead.
Activa 125 scooter was the first BSVI-compliant model launched by HMSI in September last year, almost seven months ahead of the implementation of the new emission norms from April 1.
Domestic sales during the month stood at 3,73,250 units, a 5.32 per cent decline from 3,94,246 units in November last year.
Honda had started in India its new premium bike business identity under Silver Wing-Mark branded as Honda BigWing in April this year.
Domestic sales during the month stood at 4,87,782 units, a marginal decline from 4,90,135 units in October last year.
Under the recall campaign, a total of 50,034 units of these models will be attended, HMSI said in a statement.
The company said its April volumes touched 6,81,888 units, a growth of 18 percent over the same month a year ago.