Sales of Honda 2W in August 2022 Hornet, Activa, Dio, Shine, CB350
In August 2022, Honda Motorcycle and Three Wheelers (HMSI) reported considerable growth. August was a busy month for the two-wheeler manufacturer thanks to the debut of the CB300F bare street motorcycle in India for Rs. 2.26 lakh (ex-showroom).At a base price of Rs 78,878, ex-showroom, the redesigned 2022 Honda Shine Celebrations Limited has been introduced in India.
The company had previously released the Activa 6G Superior Edition and Dio Sports Edition. August 2022 Honda Two Cycle YoY Revenue In August 2022, Honda sales increased domestically and internationally.
From 4,01,480 unit sales in August 2021 to 4,23,216 in August 2022, domestic market sales climbed by 5.41 percent. This represented a volume rise of 21,736 units with 91.50 %. The following products continued to be top sellers in domestic markets: Activa, CB Shine, Dio, Grazia, Hornet, CB350, Livo, Dream, etc.
When compared to the 30,114 unit sales in August 2021, exports climbed by 30.53 % YoY to 39,307 from January to August 2022, representing a volume gain of 9,193 units with an 8.50 %. Due to an increase in the volume of 30,929 units, total sales increased by 7.17 % to 4,62,523 units during August 2022 versus 4,31,594 in August 2021.
From 4,02,710 copies sold in July 2022, MoM revenues in domestic markets climbed by 5.09 percent, representing a volume growth of 20,515 units and a 90.77 part load. However, exports suffered a 3.99 percent decline from the 40,942 unit sales in August 2021 with a 9.23 % to 39,307 January to August 2022.
With a volume growth of 18,880 units, total MoM sales grew by 4.26 % to 4,62,523 components from 4,43,643 copies sold in July 2022. Toyota 2W In Aug 2022 Additionally, Honda increased the number of BigWing dealerships over the previous month. In the Indian cities of Azamgarh and Mira Bhayandar, two new BigWing locations have opened (Uttar Pradesh).
At the tail end of August, the business also unveiled the Shine special edition 125cc motorcycle, following the introduction of the Honda Dio Sports Editions and Activa 6G Premium Edition. The starting price of the Honda Shine Celebrations Edition is Rs 78,878. (ex-showroom). In terms of style, it features new stripes, a gold wings mark symbol, and a limited edition logo on its fuel tank.
It has two colour options: matte iron black and matte cherry red metallic. The 123.94cc, single-cylinder, air-cooled gasoline engine that powers the Honda Shine Celebration Series continues to produce 10.5 horsepower at 7,500 pm & 11 Nm of torque at 6,000 rpm. It is paired with a 5-speed manual transmission.
Drum/disc brakes are used for the front brakes, and drum and CBS brakes are used for the rear brakes.
In August 2022, Honda Motorcycle and Three Wheelers recorded cumulative sales and profits of 7% y/y. In comparison to August 2021, when sales were 4,31,594 units, the company reported incremental revenues of 4,62,523 components last month. Domestic sales in August 2022 were up 5% from July 2022, with 4,23,216 units in India sold as opposed to 4,02,701 units.
Atsushi Ogata, General Manager, President, and CEO, of Honda Motorbike & Scooter India, commented on the increasing market trend, saying, “Market performance is gaining consistent momentum over a preceding month as well as a year-on-year basis.
With a record of 1,63,357 unit sales compared to 1,09,678 units sold, Activa led the pack. It was also India’s second most popular two-wheeler, after Hero’s Splendor. The CB Shine commuting motorcycle made a strong impression last month when it sold 1,05,413 units compared to 79,416 units over the same period in 2021, representing a YoY volume increase of 33%.
The Dio scooter reported sales of 16,033 units last month compared to 17,269 pieces in April 2021, with YoY volume growth being negative by 7%. The Dream achieved YoY positive revenue growth of 152 percent to place fourth with 13,844 copies in April 2022 compared to 5,502 units in the same period last year.
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With a total domestic tally of 3,18,734 units compared to 2,40,122 units during the same period the previous year, Honda 2W India maintained to rank second in the overall two-wheeler manufacturers’ rankings behind Hero MotoCorp. This represents a YoY sales increase of 32.7%. With a Yoy of 3.62 percent, the Japanese company saw its market share rise to 27.75 percent from 24.13 percent in April 2021.
The well-known Unicorn nameplate sold 13,173 units overall, good for sixth place. With a YoY sales rise of 8%, the H’ness CB350 and CB350 RS sold 3,204 units this month compared to 2,969 components in April 2021. The Grazia fell to sixth place with 1,391 units compared to 4,600 units in the same period last year, a YoY sales decrease of 70%. With 763 units sold as opposed to 153, the X-Blade came in seventh, a significant increase of 399 percent.
The Hornet 2.0 only could achieve 584 units against 186 pieces with a growth of 214%, while the Livo commuter only managed 660 details last month versus 3,707 pieces with a YoY decline of 82%.
The high-end CBR650F got 33 units versus 27 pieces in April 2021, with a rise of 22%, while the CB200X came in at number 10 with 258 units. The adventure tourers Africa Twin & CB500X scored 20 and 1 unit, respectively.
edited and proofread by nikita sharma