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

Published at February 5, 2024 by BikeJunction

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

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.

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