HMSI sales up 68% in Dec; crosses 5 mn mark in 2017
4 Jan 2018 9:02 PM IST
New Delhi: Honda Motorcycle and Scooter India (HMSI) on Thursday reported 68 per cent jump in total sales at 3,90,420 units in December.
The company had sold 2,31,763 units in December 2016, HMSI said in a statement.
In the domestic market, the company posted 77 per cent jump in sales to 3,63,226 units in December 2017, as against 2,05,158 units in the year-ago month, boosted by low base effect of demonetisation in 2016. For the calendar year 2017, HMSI sold a record 57,94,893 units, crossing the 5 million mark for the first time in its 17 years of operations in India, the statement said. New capacity expansion, three new product launches and increased network penetration resulted in Honda successfully breaching the 5 million sales mark for the first time in 2017.
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