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Honda starts 2015 on a high; records 14% growth in January
"Honda enjoyed a productive January’15, clocking sales of 393,787 units against a corresponding figure of 3,44,750 units sold in January’14," the company said in a statement.
The domestic sales contributed 344,678 units to the overall sales, growing grew at 14% at the end of January. Honda’s overall sales (domestic + export) grew at 14% as well in January on a Y-O-Y basis.
Honda’s domestic market share stood at 28% by the end of January, growing at 23% in April 2014-January 2015, which is nearly double the pace of two-wheeler industry.
Honda said it has entered a tie-up with Shriram Automall India Limited. Under this tie-up, SAMIL will cater to the pre-owned 2-wheeler segment of HMSI, offering an organized structure to this unstructured market.
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