Honda Motorcycle and Scooter strong performance in sales continues, but reports drop in sales in October 2023 with 4,92,884 units but they still continue to dominate the 2-Wheeler Segment.
Honda 2-Wheeler October Sales
| Sales | October 2023 | September 2023 | Difference in Units | Difference in % |
|---|---|---|---|---|
| Domestic | 4,62,747 | 4,91,802 | -29,055 | -5.91% |
| Exports | 30,137 | 35,196 | -5,059 | -14.37% |
| Total | 4,92,884 | 5,26,998 | -34,114 | -6.47% |
Honda 2-Wheeler reports domestic sales of 4,62,747 units of October 2023 which represents month-on-month de-growth by 5.91% compared to the 4,91,802 units sold in September 2023. This translates to decline in volume by 29,055 units.
Moving to the Exports, October 2023 sees dip in numbers from 35,196 units exported in September 2023 to 30,137 last month with volume decline by 14.37%. This means 5,059 less units were exported from India to other International markets. In Cumulative, the total October sales is 4,92,884 units in comparison to 5,26,998 unit sales in September which is down in numbers by 6.47%.
Honda continues to dominate the 2-Wheeler Industry with their robust performance. Unfortunately, their month-on-month sales was down due to the domestic market performance. Nevertheless, Honda is still at No.1 position with models like the Activa, Shine 100, Dio, Hornet 2.0, and so on.
