Honda Motorcycle & Scooter India Sales Increase 45 Percent in May Shine 100 Getting Strong Demand

Honda Motorcycle & Scooter (HMSI), one of the largest two-wheeler companies, saw its wholesales in the country grow by about 45 percent year-on-year to 4,50,589 units in May. The company’s sales in the same month last year were 3,11,144 units. The company’s exports have increased by 127 percent in May.

Earlier this year, HMSI reported that it had sold over three lakh units of the Shine 100 motorcycle within a year of its launch. The company’s sales in the 100-110 cc segment grew rapidly in the last fiscal. HMSI has started a new engine assembly line in Manesar, Haryana. It can manufacture 600 engines per day in the range of 100 cc to 300 cc. The company’s sales grew 12 percent in the last fiscal. HMSI recorded sales of 48,93,522 units.

Recently, the company has also launched two new products. These include SP160 motorcycle and Dio 125. The price of SP160 is between Rs 1.18 lakh and Rs 1.22 lakh (ex-showroom). Dio 125 is the company’s second 125 cc scooter after Activa. Its price is Rs 83,400 to Rs 92,300. HMSI launched SP125 Sports Edition motorcycle. Its price is Rs 90,567 (ex-showroom, Delhi). It will be available at Honda Red Wing dealerships across the country. Motorcycle It has a better tank design and new graphics than before. It will be available in Decent Blue Metallic and Heavy Grey Metallic colours. It has a bright LED headlamp and a fully digital instrument console. Along with gear position indicator, mileage related information will also be available in its instrument console.

International automobile company Honda plans to invest $3.4 billion in making electric motorcycles and mopeds. Honda, one of the world’s largest two-wheeler makers, plans to launch 30 new electric vehicles by the end of this decade. Two-wheeler The company also aims to launch electric motorcycles. The company had said that it would invest about $700 million by 2025 for the electrification of its motorcycles. After this, about $2.7 billion will be invested by 2030.