Honda Motorcycle & Scooter India Pvt. Ltd. closed July with record high monthly exports. Growing at a fast pace, Honda 2Wheelers India total sales grew at 20% to 544,508 units in July 2017 as compared to 453,884 units in July 2016.
Honda2Wheelers is the only manufacturer to gain 2% market share to 28.8% (dom+exp), making Honda the highest market share gainer in July 2017. Interestingly, Honda is the only company to have gained 3% market share during April-July (YTD). With each passing month, Honda2Wheelers has sustained a market share of over 30% in the current financial year.
Where the industry witnessed its highest growth of 14% in July'17 this financial year (FY 17-18) on YoY basis, Honda 2Wheelers alone contributed overwhelming 50% to the new volumes added to the industry.
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