Two-Wheeler Sales January 2021: Honda 2Wheelers India Volumes Jump 11 Per Cent
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Honda s domestic sales in January 2021 increased by 11%, while exports were down by nearly 30%
Highlights
Exports stood at 20,467 units, declining by 30% over 29,292 in Jan 2020
Domestic sales for Honda 2Wheelers India stood at 416,716 units
Honda Motorcycle & Scooter India (HMSI) has reported its sales figures for January 2021 with 416,716 units sold. The company reported an 11.39 per cent jump in volumes year-on-year, as compared to 374,114 units sold during the same month last year. Honda says it managed to do well despite the low-base effect of last year in the domestic market by adding incremental volumes while maintaining normal inventory levels. Meanwhile, exports for last month stood at 20,467 units, declining by about 30 per cent when compared to 29,292 units shipped in January last year.
After seven quarters, scooters on a comeback trail
January 24, 2021
Scooter makers and industry analysts attribute the positive growth to the low base of year-ago quarter, pick up in mobility in cities and gradual recovery in economy - The Hindu
Scooter makers and industry analysts attribute the positive growth to the low base of year-ago quarter, pick up in mobility in cities and gradual recovery in economy - The Hindu×
Growth in December quarter attributed to pent-up demand
Helped by a combination of factors, the domestic scooter market returned to the growth mode in December 2020 quarter after reporting year-on-year decline in volumes for seven preceding quarters.
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