Activa and Shine 125 help Honda to Grow Sales by 12 Percent

Sales of Honda Motorcycle and Scooter India (HMSI) have increased by 12 percent in the last financial year. The company has recorded sales of 48,93,522 units. Its sales increased to 3,86,455 units in March. Its sales in the country have increased by 81 percent on a year-on-year basis. Its exports have grown by about 95 percent.

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 between Rs 83,400 and Rs 92,300.

Recently, HMSI launched the 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. This motorcycle 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, fully digital instrument console. Mileage related information will also be available in its instrument console along with gear position indicator. The SP125 Sports Edition has a 123.94 cc, single cylinder BS 6, OBD2 compliant PGM-FI engine, which generates 8 kW power and 10.9 Nm torque. The company is offering a special 10-year warranty with it, which will include three years of standard warranty and seven years of optional warranty.

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 two-wheelers by the end of this decade. The company also aims to reduce the cost of electric motorcycles. Company Honda 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. Honda has also increased its global sales target to 4 million units by 2030. The company plans to initially use the existing infrastructure for its internal combustion engine models.