Honda’s domestic and export sales both fell in the last month, but the company ended the calendar year on a high note.
The Honda Activa, CB Shine, Unicorn 160, and Dio were all top sellers in the company’s lineup. Honda will also release the new Honda Activa 125 Premium Edition in 2021.
In the last year, Honda Motorcycle and Scooter India has had some good months and some bad months. Sales began to improve in the early months of the year, but did not continue to improve as the year progressed. Total sales for the calendar year 2020 were 37,81,680 units, up 5.67 percent from 35,78,648 units sold the previous year.
Sales of Honda 2W in December 2021
In December 2021, Honda Motorcycle and Scooter India experienced a sales decline. This can be seen in both domestic and export sales, as well as on a YoY and MoM basis.
Total sales fell 14.98 percent to 2,23,621 units, down from 2,63,027 units sold in December 2020. Domestic sales dropped to 2,10,612 units last month, down 12.99 percent from the 2,42,046 units sold in December 2020, with a 94.18 percent share. Exports, on the other hand, fell 38% to 13,009 units in December 2020, down from 20,981 units shipped in December 2020, a 5.82 percent share.
In November 2021, the company sold 2,56,170 units in domestic markets, a decrease of 17.78 percent from the previous month. Over 24,211 units sold in November 2021, exports decreased by 46.27 percent. Total sales fell 20.24 percent month over month to 2,80,381 units.
Read Also: Renault India Sales in December 2021
Honda Two-Wheeled Vehicles in India – Year-to-Date Sales 2021
In January 2021, the company sold 4,16,716 units, up from 3,74,110 in January 2020, for an increase of 11.39 percent year over year. The month of February 2021 saw positive results as well, with a 30.80% increase to 4,11,622 units sold, up from 3,14,692 units sold in February 2020.
Sales increased even more in March 2021, reaching 3,95,037 units, up 60.97 percent from 2,45,404 units sold in March 2020, for a 30.95 percent increase in the first quarter of the year. In Q1 2021, sales totaled 12,23,375 units, a significant increase over the 9,34,206 units sold in Q1 2020.
In April 2021, sales totaled 2,40,122 units in the second quarter of 2021. This cannot be compared to sales in the same month the previous year because it was Pandemic’s first month, and thus sales were zero. Sales fell 28.21% to 38,764 units in May 2021, compared to 54,000 units sold in May 2020.
In June 2021, sales began to rebound immediately. Sales increased by 4.74 percent to 2,12,446 units in June 2020, up from 2,02,837 units in June 2020, for a 91.30 percent increase to 4,91,332 units in Q1 2021 over 2,56,837 units in Q2 2020. H1 2021 sales totaled 17,14,707 units, up 43.93 percent from 11,91,043 units sold in H1 2020.
Honda had a strong start to the second half of the year, with a 10.05 percent increase in July 2021 to 3,40,420 units sold, up from 3,09332 units sold in July 2020. However, sales in the following months were all negative. Rising fuel prices, rising input costs, and the company’s announcement of price hikes across its motorcycle and scooter lineup beginning July 3, 2021 impacted sales.
Sales fell 6.25 percent and 7.43 percent in August and September 2021, respectively. The total number of units sold in Q3 2021 was 12,05,568 units, down 2.66 percent from the 12,38,458 units sold in Q3 2020. The final quarter of the year also failed to see any sales growth, with October (-20.19 percent), November (-37.92 percent), and December all falling short (-12.09 percent). This resulted in a 25.04 percent decrease in Q4 2021 to 861,405 units sold from 11,49,147 units sold in Q4 2020, and a 13.43 percent decrease in H2 2021 to 20,66,973 units sold from 23,87,605 units sold in H2 2020.