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Honda India Records 10% YoY Sales Growth in October 2023!

By:Reema Bohra
Updated On: November 5, 2023 14:44 IST
Reema is passionate about classic cars and enjoys sharing her knowledge of their history and restoration processes. She is an advocate for sustainable transportation and promotes eco-conscious choices in the automotive field.
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Honda India Records 10% YoY Sales Growth in October 2023!

Honda Achieves Strong Sales with 4,92,884 Units

KEY HIGHLIGHTS

  • Honda India reports a notable 10% sales growth in October 2023.
  • Domestic market records a robust 9% growth, while exports surge by 29%
  • Milestones include crossing the 30 Lakh customer mark in Kerala and the 30 Lakh milestone for Honda 'Shine'
  • New product launches, including the 2023 CB300R and updated H'ness CB350 models

In their latest announcement, Honda India revealed their sales figures for October 2023. Impressively, they achieved a 10% growth compared to the same period last year, selling a total of 492,884 units this month. Within this, the company experienced a 9% increase in sales within the Indian market, reaching 462,747 units. Furthermore, their exports surged by a substantial 29%, with 30,137 units shipped out in October 2023.

Also Read: Kia India Achieves 24,351 Unit Sales in October 2023 - Read Details!

Honda India Reports Impressive October 2023 Sales and Achievements

In addition to this, Honda has achieved several significant milestones and carried out various initiatives. Honda India has celebrated the remarkable accomplishment of serving over 3 million customers, solidifying its status as a trusted and preferred choice for motorcycle enthusiasts in Kerala. Furthermore, the popular 'Shine' brand in the 125cc motorcycle segment has also reached the impressive milestone of 3 million customers in western India.

Recently, Honda introduced the 2023 CB300R, which complies with OBD2A standards and unveiled new versions of the H'ness CB350 and CB350RS in the Legacy Edition and New Hue Edition, respectively. The company has also launched the highly acclaimed adventure tourer 'XL750 Transalp' and opened bookings for the first 100 customers at their exclusive BigWing Topline dealerships.

To promote the #GoRidin spirit, Honda inaugurated BigWing outlets in Kadapa (Andhra Pradesh), Visakhapatnam (Andhra Pradesh), and Bengaluru (Karnataka). Moreover, Honda has been actively involved in road safety awareness campaigns in nine cities across India, including Dhanbad, Gudivada, Indore, Jodhpur, Nagpur, Patiala, Rajkot, Thrissur, and Varanasi. They also celebrated the 6th anniversary of the Traffic Training Park in Karnal (Haryana) and the 3rd anniversary of the Safety Driving Education Centre (SDEC) in Bangalore (Karnataka).

Also Read: 2024 Yamaha MT-09, Facelift Details Revealed - Possible India Launch!

Honda BigWing

In an effort to support the community and empower economically disadvantaged youth, the Honda India Foundation (HIF) successfully completed the first batch of GDA training as part of their flagship program, Project Pragati (One Step towards Growth), in Agra, Uttar Pradesh.

Additionally, in the world of motorsports, Kavin Quintal displayed exceptional racing skills by clinching the first position in the final race of the 2023 season of the IDEMITSU Honda Indian Talent Cup NSF250R at the Madras International Circuit in Chennai. This remarkable achievement marked a double victory in the round, with Johann Emmanuel and Mohsin P securing the second and third positions, respectively.

Verdict

Honda India's recent achievements in sales and various initiatives reflect a dynamic commitment to innovation and community engagement. The company's consistent growth and emphasis on road safety, along with nurturing motorsports talent, align with a forward-looking vision. These efforts make Honda a strong contributor to the automotive industry and society at large. In their product lineup, Honda offers a diverse range of motorcycles and scooters, including models like the  SP160, Unicorn, Dio 125, Activa, and many more. Also, join our Whatsapp Group Community of petrolheads to find out more exciting news like this.  

Also Read: 2024 Triumph Tiger 900 Rally Duo Launched In India - Price, Specs And More!

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