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July 04 2016
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HMSI Posts 23pc Growth In June 2016

Honda Motorcycle & Scooter India (HMSI) has recorded a 23% growth in domestic sales in the month of June 2016 over the same month last year. With this, HMSI has now grabbed a 26% market share, up by 3.1% from May 2016. The company has recorded June 2016 as the third straight month of highest sales volume gain in the market.

 

Segment-wise, HMSI’s automatic scooters saw a growth of 21% while motorcycles grew by 27% in sales. Overall, HMSI managed to sell 4,08,141 units in June 2016, excluding exports. HMSI also exported 17,011 units in June, up by 13% compared to the same month last year. The company’s exports grew despite a decline in the export industry overall.

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