Honda recorded a significant drop in sales in January 2022, while domestic sales fell, exports nearly doubled last month.
Honda Motorcycle and Scooter India (HMSI) has released its sales performance figures for January 2022. Activa The manufacturer sold 354,209 units last month domestically. This is considered a notable drop for the company as they previously sold 416,716 units in January 2021.
A similar downward trend in sales is also observed with other two-wheelers in India, including Hero MotoCorp and Royal Enfield.
Honda recorded total domestic sales of 315,196 units along with 39,013 exported vehicles for the month. The company said that while domestic sales slumped in January 2021, exports nearly doubled from previously having shipped 20,467 units in the same period last year.
(Also read: Honda Grazia hits this sales milestone in Eastern regions of India)
Commenting on monthly sales performance, Yadvinder Singh Guleria, Sales & Marketing Manager, Honda’s motobike Motorcycles & Scooters India Pvt. Ltd. “While calendar year 2022 has had a positive start from the previous month, sales sentiment in Q4’22 continues to mirror previous challenges of the previous fiscal year.”
Honda announced the new 2022 launch CB300R & CBR650R in India last month. Furthermore, manufacturer Activa also announced that it has further strengthened its premium sales network in Northern India by inaugurating the Honda BigWing store in Kangra (Himachal Pradesh).
(Also read: Yezdi Bikes to Komaki Ranger – Big two-wheeler launches January 2022)
“However, clearly visible signs of recovery are emerging and we expect a rapid rollout of vaccinations, a decrease in daily reported COVID cases and an easing of restrictions. interstate will keep us motivated in the coming quarters. This year’s Union budget also reflects a growth-oriented approach with an incentive to promote infrastructure and inclusive development. The focus on capital spending will simultaneously pull the economy forward and is expected to have an exponential effect in the long run. “
Date of first publication: February 2, 2022, 10:28 AM IST
