Activa, Shine, and More Help Honda 2W YoY Sales Grow 3% in August
HMSI has released its sales data for August. The two-wheeler producer sold 4,51,200 units in the domestic market in August 2023, up over 6% YoY from the 4,23,216 vehicles shipped during the same period in the previous year.
By Sanorita
Honda Motorcycle and Scooter India (HMSI) had a successful month in August 2023, selling a total of 4,77,590 vehicles, which represents a 3% year-over-year increase from the same period in the previous year. This growth is claimed to be attributed to the company's diverse range of products, innovative approach, and strong emphasis on customer satisfaction. Domestic sales made up 4,51,200 units of the total volume in August 2023, compared to 4,23,216 two-wheelers at the same time last year, marking a rise of more than 6% YoY. Despite the rise in sales in the local market, there was a little drop in exports, with 26,390 units shipped in the previous month compared to 39,307 units in August 2022.
Additionally, an astounding 41.17% month-over-month increase in overall sales was recorded by the two-wheeler company. With 1,40,333 more units sold in just one month, domestic sales jumped by 45.14%. However, exports experienced a slight decline on an MoM basis at 3.84%.
Also Read: 2023 Honda Hornet 2.0 Launched in India at Rs 1.39 Lakh
Honda 2W Introduces 'Extended Warranty’ and ‘Extended Warranty Plus’ Programmes
Two new warranty programmes, dubbed 'Extended Warranty' and 'Extended Warranty Plus,' have just been introduced for the Big Wing clients. The HMSI Extended Warranty program will be free to join for the first 10,000 buyers of the new H'ness CB350 and CB350RS from August 8, 2023 onwards. The chance is available on a priority basis, with preference given to early engagers.
Also Read: 2023 Honda Livo Launched in India at Rs 78,500
The 'Extended Warranty Plus' program is available to customers within a flexible timeline that starts 91 days after the day they purchased their vehicle and lasts up to 9 years. The program provides comprehensive warranty protection for a period of ten years, with the added option to extend the guarantee. Moreover, this warranty can still be transferred even if there is a change in ownership.
Honda's Extended Warranty Plus Program: What's Included?
The 'Extended Warranty Plus' programme, gives priority to providing broad coverage for pricey engine parts and other essential mechanical and electrical components. The Extended Warranty Plus program gives customers flexibility and choice by offering three custom options: a 3-year insurance for vehicles up to their seventh year, a 2-year policy for those in their eighth year, and a 1-year policy for those in their ninth year. These options provide additional coverage for all of their H'ness and CB350RS motorcycles up to 130,000 kilometres.
