Home CAR & BIKES Honda 2W Sales Oct 2024 – 5.53 Lakh Domestic, 44k Exports

Honda 2W Sales Oct 2024 – 5.53 Lakh Domestic, 44k Exports

Honda 2W Sales Oct 2024 – 5.53 Lakh Domestic, 44k Exports

New Honda ActivaNew Honda ActivaNew Honda Activa
New Honda Activa

Honda 2W sales showed off a YoY and MoM growth Oct 2024 boosted by the Activa, Shine, Dio, etc

Honda Motorcycle & Scooter India (HMSI) have released sales figures for October 2024. Sales were boosted during the festive period with the company recording a total of 5,97,711 units last month. This included 5,53,120 units in domestic markets while exports stood at 44,591 units.

Honda 2W Sales Oct 2024 – YoY and MoM

Honda 2W total sales showed off double digit YoY growth in Oct 2024. Total sales (domestic + exports) grew by 21.27% YoY from 4,92,884 units sold in Oct 2023 to 5,97,711 units in the past month. This related to a 1,04,827 unit volume growth.

Honda 2W Sales October 2024Honda 2W Sales October 2024Honda 2W Sales October 2024
Honda 2W Sales October 2024

Domestic sales stood at 5,53,120 units in Oct 2024 from 4,62,747 units sold in Oct 2023, a 19.53% growth. Domestic sales command a92.54% share. Exports also saw a significant increase by 47.96% to 44,591 units in the past month over 30,137 units shipped in Oct 2023. Exports share stood at 7.46%.

The company also reported healthy MoM performance. Honda’s total sales had stood at 5,83,663 units in Sept 2024 with was a 2.41% improvement with a 14,078 unit volume increase. This related to MoM growth of over 5,36,391 units sold in domestic markets, a 3.12% growth while exports declined by 5.61% from 47,242 units exported in Sept 2024.

Honda 2W – YTD Sales Growth

Honda 2W sales have also seen outstanding performance on a year-to-date (YTD) basis posting positive sales both in domestic and more particularly in global markets.  In domestic markets, the company sold 34,34,539 units in FY2025, a 54.88% rise over 22,17,605 units sold in the same period of 2023. This related to a 12,16,934 unit volume increase with domestic sales commanding a hefty market share.

Exports also surged efficiently by 90.47% on a YTD basis. The company shipped 3,21,549 units in the FY2025 period. This was a 1,52,729 unit volume increase from 1,68,820 units sold in the FY2024 period. This took total YTD sales up by 32.35% in FY2025 to 31,58,377 units. There had been 23,86,425 units sold in the corresponding period of the previous year. It related to a wholesome 7,71,952 unit volume increase.

HMSI crossed the milestone of one crore cumulative two-wheeler sales in states of Uttar Pradesh, Madhya Pradesh, Uttarakhand and Chhattisgarh. Along with this milestone, the company also surpassed the 5 million unit sales mark in Karnataka. The company also expanded its dealership network with a new BigWing dealership in Kalamassery, Kochi, Kerala.

In recent news, The new Honda CB300F Flex-Fuel was added to the company portfolio last month It is priced at Rs 1.70 lakh and marks its foray as India’s first 300cc flex-fuel motorcycle. It goes on sale via all Honda Big Wing dealerships nationwide from the last week of October.

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