Shine 100 may help HMSI close in on market leader Hero
Honda Motorcycle and Scooter India on Friday said it has launched H'ness CB350 and CB350RS bikes with latest emission norms. The price of H'ness CB350 trims start from Rs 2.09 lakh while CB350RS variants are priced upwards of Rs 2.14 lakh (ex-showroom Delhi). The models come with on-board diagnostics (OBD2B) system thus conforming to stricter emission norms which will kick-in from next month. The bike would be available at the company's BigWing dealerships from the end of March, Honda Motorcycle and Scooter India (HMSI) said in a statement. "Ahead of the government's deadline, HMSI has been aggressively working on upgrading the product line up with latest norms. Today, we launch the new OBD2B compliant 2023 H'ness CB350 and CB350RS which are future ready," HMSI Managing Director, President & CEO Atsushi Ogata said. The company said it has also introduced an all-new customisation section for CB350 customers.
It also announces 100cc bike to compete with Hero MotoCorp, Bajaj Auto & TVS Motor in low-end segment
Honda Motorcycle and Scooter India on Tuesday reported a 3.97 per cent increase in total sales at 4,49,391 units in October 2022. The company had sold 4,32,229 units in the same month last year, Honda Motorcycle and Scooter India (HMSI) said in a statement. In the domestic market, sales were at 4,25,969 units as against 3,94,645 units in the year-ago month, a growth of 7.94 per cent. Exports were lower by 37.68 per cent at 23,422 units as compared to 37,584 units in October last year. "This year's festival season has ushered in a period of real growth & positive sentiment after a challenging period of two-years," HMSI Managing Director, President and CEO Atsushi Ogata said.
Honda emerged as the top two-wheeler seller in India in September, followed by Hero and TVS Motor. Ola Electric was the top EV seller
The month of September 2022 saw Honda Motorcycle and Scooter India overtaking the world's largest two-wheeler maker Hero Motocorp Ltd in terms of retail sales
HMSI's sales increased from 1.23 million units in April-August period last year to 1.82 million units in the corresponding period this year
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Honda Motorcycle Scooter India (HMSI) on Monday said its total vehicle sales were up by 15 per cent at 4,43,643 units in July. The same stood at 3,84,920 units in the year-ago period. Domestic sales grew 18 per cent to 4,02,701 units in the previous month compared to 3,40,420 vehicles sold in July 2021, the company said in a statement. The exports, however, declined 8 per cent at 40,942 units in the last month, it stated. HMSI Managing Director, CEO and President, Atsushi Ogata said that factors such as good monsoon and increased demand for personal mobility has translated well to rise in customer walk-ins and enquiries. With the coming festive season, the company expects to regain the growth momentum at a faster rate, Ogata added.
Royal Enfield announced appointment of ex-Honda Motorcycle and Scooter India executive Yadvinder Singh Guleria as its Chief Commercial Officer (CCO)
The company had sold a total of 442,696 vehicles in February 2021, it said in a statement on Tuesday
Honda Motorcycle & Scooter India (HMSI) on Wednesday launched its new bike CB300R priced at Rs 2.77 lakh (ex-showroom Delhi). Bookings for the bike are open from Wednesday for the new CB300R at Honda's exclusive premium BigWing and BigWing Topline dealerships across India, HMSI said in a statement. The new CB300R is powered by a 286cc 4-valve liquid cooled single cylinder engine. It comes equipped with an assist and slipper clutch, which provides an assist function for clutch operations requiring less load compared to a regular clutch mechanism. The slipper function reduces unpleasant shocks caused by sudden engine braking during downshifts, ensuring less fatigue and more comfort for a variety of rides, the company said. "With distinctive features and dynamic road presence, we are confident customers will be delighted with the new CB300R," HMSI Managing Director, President & CEO Atsushi Ogata said. The Neo-Sports Cafe inspired 2022 CB300R was unveiled in December at the India .
Honda Motorcycle & Scooter India (HMSI) on Tuesday said Honda de Mxico has initiated exports of NAVi bike to the US market. HMSI had commenced export of NAVI CKD kits to Mexico in July 2021 and has so far dispatched over 5,000 kits to the country. "The NAVi deliveries to the US market via Honda Mexico has further strengthened our export portfolio in advanced markets, the new expansion has given us an opportunity yet again to set new standards of global manufacturing quality in India," HMSI Managing Director, President and CEO Atsushi Ogata said in a statement. Honda NAVi is a crossover, which combines the advantages of a scooter with the characteristics of a motorcycle. The product that originated from India is garnering a cult following with great success in overseas markets. HMSI started NAVi exports in 2016. Since then, the company has dispatched over 1.8 lakh to 22 diverse export markets led by Asia, Middle East and Latin America.
The company had introduced the second generation of the compact sedan in May 2018
The duo account for close to 60% of the domestic two- wheeler market
Honda Motorcycle and Scooter India Pvt Ltd (HMSI) on Saturday reported an 8 per cent decline in total sales at 4,82,756 units in September. The company had posted total sales of 5,26,866 units in the same month last year, HMSI said in a statement. Domestic sales in September this year stood at 4,63,679 as against 5,00,888 units in the year-ago month. Exports were at 19,077 units as compared to 25,978 units in September last year. Commenting on the sales performance, HMSI Director Sales & Marketing Yadvinder Singh Guleria said, "We are gaining back the momentum with each passing month witnessing a rise in customer enquiries." Stating that the coming few months will be decisive in determining the growth forecast with the year's most awaited time of festivals just around the corner, he said the company's network across India is all geared up and ready.
The head of sales at HMSI says with Covid-19 cases declining, good monsoon and bumper harvest, the sector might recover soon
The firm said it has set up an overseas business vertical to spearhead its exports from the country
Honda Motorcycle & Scooter India (HMSI) on Thursday reported domestic sales of3,95,037 units in March this year. The company had sold 245,716 units in the same month last year when sales were impacted by coronavirus-induced lockdown. Exports stood at 16,000 last month, HMSI said in a statement. The company said it closed FY21 with total sales of 4,073,182 two-wheelers, including domestic sales of 38,65,872 units and exports of 2,07,310 units. HMSI Director (Sales and Marketing) Yadvinder Singh Guleria said, "FY2020-21 was a year of unprecedented uncertainties. Honda resiliently overcame challenges from lockdowns to unlocks.
Sales in the first 10 months of the financial year for the segment and HMSI remain in a negative territory