Honda 2Wheelers retails grow over 80% in Akshay Tritiya
Bangalore, April 19, 2018: After closing FY’2017-18 with all time high sales crossing 6 million units, Honda 2Wheelers India has created new high yet again on Akshay Tritiya - the first major festival of 2018.
Honda’ssingle day retails grew by more than 80% and breached the highest ever mark forthe first time ever on Akshay Tritiya.
Now more andmore Indians are choosing to celebrate festivals with a new Honda two-wheeler.
Within theregions, West once again led the festive buying followed by South and Centralregions.
Activa- India’s Highest selling two-wheelerled strong as India’s first choice for festival buying.
Withmotorcycle industry returning to double digit growth for the first time in6 years, festive buying sentiment was strong across segments.
Most popularin motorcycle retails was Honda’s CB Shine – India’s only 125cc motorcycle tomake an entry into the Top 3 selling motorcycles of India.
Retailsof Honda’s ‘Dream series’ of 110cc entry-level motorcycles (CD 110 Dream, DreamNeo and Dream Yuga) grew by a phenomenal 300% plus.
Sharing howIndia is now celebrating festivals with Honda and the significance of AkshayTritiya retails, Mr. Yadvinder Singh Guleria, Senior Vice President -Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd., “AkshayTritiya being the first major festival of the year, is a barometer of the moodof economy and buying sentiments. What is most encouraging is that retailssurpassed our expectations and grew by over 80%. 2018 has firmly started on apositive note for us. This is why, we at Honda are delighted that ever highestnumber of customers purchased a Honda two-wheeler in the single day of AkshayTritiya.”
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