Activa and Shine 125 help Honda to Grow Sales by 12 Percent

Sales of Honda Motorcycle and Scooter India (HMSI) have increased by 12 percent in the last financial year. The company has made record sales of 48,93,522 units. Its sales increased to 3,86,455 units in March. Its sales in the country have increased by 81 percent on year-on-year basis. There has been a growth of about 95 percent in its exports.

The company has also launched two new products. These include SP160 motorcycle and Dio 125. The SP160 is priced between Rs 1.18 lakh and Rs 1.22 lakh (ex-showroom). Dio 125 is the company’s second 125 cc scooter after Activa. Its price is between Rs 83,400 to Rs 92,300.

Recently HMSI launched SP125 Sports Edition motorcycle. Its price is Rs 90,567 (ex-showroom, Delhi). It will be available at Honda Red Wing dealerships across the country. This motorcycle has been given a better tank design and new graphics than before. It will be available in Decent Blue Metallic and Heavy Gray Metallic colors. It has bright LED headlamp, fully digital instrument console. Mileage related information will also be available along with gear position indicator in its instrument console. The SP125 Sports Edition is powered by a 123.94 cc, single cylinder BS 6, OBD2 compliant PGM-FI engine, which generates 8 kW of power and 10.9 Nm of torque. The company is giving a special 10 year warranty with it which will have three years standard warranty and seven years optional warranty.

International automobile company Honda plans to invest $3.4 billion in manufacturing electric motorcycles and mopeds. Honda, one of the world’s largest two-wheeler makers, plans to launch 30 new electric two-wheelers by the end of this decade. The company also aims to reduce the cost of electric motorcycles. The company had said that it will invest about $ 700 million by 2025 for the electrification of its motorcycles. After this, about 2.7 billion dollars will be invested by 2030. Honda has also increased its global sales target to 40 lakh units by 2030. The company plans to initially use the existing infrastructure for its internal combustion engine models.