Honda Motorcylce

HMSI to cut model prices by up to ₹18,800 to pass on GST rate cut benefit

Honda Motorcycle & Scooter India (HMSI) on Thursday said price of its models up to 350 cc would come down by up to Rs 18,800 with it passing on the GST rate cut benefit to customers. The company will pass on full benefits of the recent GST rate reduction to its customers across its product portfolio, the company said in a statement. This will include both scooters and motorcycles up to 350 cc category, it added. Following the GST Council's decision to reduce GST on two-wheelers from 28 to 18 per cent, the customers will now enjoy significant ex-showroom price savings of up to Rs 18,800, depending on the model, HMSI said. "The reduction in GST on two-wheelers and spare parts is a timely and forward-looking step, making vehicles more affordable and strengthening the overall ecosystem," HMSI Director, Sales & Marketing, Yogesh Mathur said.

Honda Motorcycle and Scooter India sales up 20% to 4,47,849 units in Nov

Honda Motorcycle and Scooter India on Friday reported a 20 per cent rise in total sales at 4,47,849 units in November 2023. The company had sold 3,73,234 units in the same month last year, Honda Motorcycle and Scooter India (HMSI) said in a statement. Domestic sales were at 4,20,677 units as against 3,53,553 units in the same month a year ago, it added. Exports were also higher at 27,172 units last month as compared to 19,681 units in November 2022, the company said.

Honda bets on product, price innovation to zoom ahead of Hero MotoCorp

The company feels the BS-VI fuel regulation will push the prices of products across the spectrum upwards

HMSI shifts focus from aggression to style in CB Shine SP ad campaign

Honda CB Shine contributes to 55% of Honda's motorcycle sales

Honda Motorcylce sells 4.27 lakh units in June

Company on Friday claimed its market share in June 2016 stood at 26%