Honda Announced Their 2W Sales Reports: 41.51% Hike in YoY Sales

Published at February 5, 2024 By BikeJunction Team

Honda Motors has launched its January sales in the 2W segment. Honda has reported a 41.51% increase in sales in January 2024. Moreover, sales have increased by 32.25% compared to December 2023 in MoM sales.

Honda 2W Sales	Jan-24	Jan-23	Diff	Growth % YoY	% Share Jan 24
Domestic	3,82,512	2,78,143	1,04,369	37.52	91.21
Exports	36,883	18,220	18,663	102.43	8.79
Total	4,19,395	2,96,363	1,23,032	41.51	100.00

The company has sold 3,82,512 units this year; meanwhile, its domestic sales were around 2,78,143 last year. Apart from this, HMSI has hiked by 102.43% and sold 18,663 more vehicles as compared to last year’s 18,220 units.

Honda 2W Sales	Jan-24	Dec-23	Diff	Growth % MoM	% Share Dec 23
Domestic	3,82,512	2,86,101	96,411	33.70	90.22
Exports	36,883	31,022	5,861	18.89	9.78
Total	4,19,395	3,17,123	1,02,272	32.25	100.00

Hero Motors has registered a 33.70% increase in domestic MoM sales and sold 3,82,512 units as compared to 2,86,101 units in December 2023. Moreover, the export sales were also good for the company; it sold 5,861 more units than last month and got a hike of 18.89% in sales.

Before you go, don’t forget to check out the TVS January sales report.

Are you searching for a new bike? Explore bikejunction & compare your choice of bike, we will help you out with a bike loan. Select your bike according to category and other specifications on Bike Junction with just one click. Follow our news section or Social Media handles to get the latest news & updates related to the bike industry in India.

Follow us for the Latest Bike Industry Updates

Facebook - https://bit.ly/BikeJunction_offl_fb
Instagram - https://bit.ly/BikeJunction_ofl_insta
Twitter - https://bit.ly/BikeJunction_ofl_twitter