Honda 2W Sales February 2024 Showed Massive Gain In Exports

India’s best-selling scooter manufacturer, HMSI (Honda Motorcycles and Scooters India), registered a commendable sales influx for the month of February 2024. The global 2W juggernaut showed massive gains last month, especially where the company’s exports are concerned.

Honda 2W Sales February 2024

In India, Honda is synonymous with scooters and enjoys a massive following. For many, Honda is the default 2W manufacturer to choose when embarking on their motorcycling journey. In the domestic market, Honda Motorcycles and Scooters India registered a strong 4,13,967 units.

This is close to highest-seller Hero MotoCorp’s sales for the month of February 2024 at 4,45,257 units sold in domestic market. Sticking with Honda, the company registered a commendable 82.31% YoY growth over 2,27,064 units sold in February 2023. The YoY volume gain for Honda in domestic market market was 1,86,903 units.

Where MoM analytics are concerned, Honda registered a strong 8.22% MoM growth over 3,82,512 units sold in January 2024 in domestic market with a volume growth of 31,455 units. Domestic sales accounted for 90.25% of Honda’s total sales, down from 91.21% in January 2024.