Honda 2W Sales Declines 21% in February 2023

Honda Motorcycle and Scooter India (HMSI) has disclosed its sales figures for February 2023. The firm has reported a YoY dip of 21%. Further, the automaker has registered a decline in terms of both domestic and foreign sales.

By Sanorita | on March 3, 2023 Follow us on Autox Google News

Honda Motorcycle and Scooter India (HMSI) has revealed its sales figures for February 2023. Last month, the firm sold 2,47,175 units compared to 3,12,650 units in February 2022, depicting a YoY decline of 21%. The company witnessed a decline in terms of both domestic and foreign sales. Domestically, the firm reported selling 2,27,064 units last month, compared to 2,85,706 units in the same month the previous year. Exports were 20,111 units in the past month compared to 26,944 units in February 2022. MoM sales recorded negative total sales, down 16.60% from 2,96,363 units sold in Jan 2023. The volume shrank by 49,188 units. Exports, however, finished on a positive note, increasing 10.38% when compared to 18,220 units exported in January 2023. Domestic sales, on the other hand, declined 18.36% from 2,78,143 units sold in January 2023.

Also Read: New Honda 100cc Commuter Bike to Launch in India on March 15

Meanwhile, Honda Motorcycle & Scooter India (HMSI) will launch the CB350 Cafe Racer in India. Although there is no official word, the upcoming motorcycle will probably share the Honda CB350 H'Ness' chassis. The Neo-Retro motorbike will be the third 350cc model in the Honda range, following the CB350 and CB350 RS. The motorcycle will reportedly look similar to the Honda Hness CB350 and the CB350RS. It will sport a vintage cafe-racer look thanks to its bikini fairing and rear cowl. As already said, the manufacturer has not provided any detailed information regarding the bike. But, there are a lot of talks that this new bike, which is set to launch soon in India, will cost a little bit more than the base model. 

Dual-channel ABS could be a part of the Neo-Retro motorcycle's safety net, just like it is of the Honda CB350 and CB350RS. Telescopic front forks, twin rear springs, and disc brakes on both wheels make up the hardware of the upcoming bike, similar to the standard versions. The upcoming two-wheeler will have a semi-digital instrument cluster and full LED illumination as features. 

Also Read: Honda CB350 Cafe Racer Leaked Before India Launch

The starting price for the Hness CB350 is Rs 2 lakh, while the CB350RS has a starting price of Rs 2.05 lakh. All prices are ex-showroom. The new Honda motorcycle could be costlier than these two bikes. It may face competition in India from vehicles like the Jawa 42 and the Royal Enfield Hunter 350.

Tags: Honda Motorcycle and Scooter India (HMSI) Honda CB350 Cafe Racer

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