Honda 2Wheelers India reports a 27% increase in sales in December 2023

Honda 2Wheelers India reports a 27% increase in sales in December 2023

by with No Comment Electric vehicles cars

By: HT Auto Desk
| Updated on: 03 Jan 2024, 20:28 PM

Honda Motorcycle and Scooter India closed the 2023 calendar on a positive note with over 3.17 lakh units sold in December 2023, a growth of 27 per cen

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Honda 2Wheelers India’s exports shined in December 2023 with 31,022 units shipped overseas, registering an 82% growth year-on-year

Honda Motorcycle and Scooter India (HMSI) reported its sales for December 2023 and the company sold a cumulative (domestic + exports) of 317,123 units, growing by 27 per cent, as compared to 250,171 units sold in December 2022. The two-wheeler maker closed the calendar on a positive note even as the two-wheeler market showed slow sales momentum.

Honda’s domestic sales stood at 286,101 units, witnessing a hike of 22.71 per cent year-on-year, as against 233,151 units sold in December 2022. Exports, on the other hand, stood at 31,022 units, registering a massive growth of 82.27 per cent over 17,020 units shipped overseas during the same month a year before.

Also Read : Hero registers 5% growth in sales in CY2023, volumes drop marginally in December

Honda Shine 100 Review
The Honda Shine 100 was launched in 2023 in the entry-level 100 cc segment as the brand’s most affordable motorcycle (HT Auto/Kunal Thale)

Honda Two-Wheelers India sold 43,84,559 units during the 2023 calendar year. In comparison, its biggest rival and market leader Hero MotoCorp sold 54.99 lakh units during the same period. The Japanese manufacturer continues to hold the second spot as far as two-wheeler sales are concerned in India.

Honda had an eventful 2023 with multiple new and updated launches. The company introduced the Honda Activa H-Smart variant, as well as the Shine 100, its most affordable motorcycle yet. The new Honda SP160 and Dio 125 also hit the market in 2023. In the premium segment, the company went on to launch the new classic CB350, the updated Gold Wing Tour and the XL750 Transalp adventure tourer. Furthermore, HMSI announced the appointment of Tsutsumu Otani as the new President, CEO & Managing Director of the company.

Also Read : First Honda electric motorcycle India launch confirmed in 2024.

The 2024 calendar year is more crucial for Honda Two-Wheelers India with the company all set to enter the electric mobility space. The company has already announced its plans to foray into the space and will bring an electric scooter and motorcycle later this year. The made-in-India models will make it to other markets as well with India serving as the production hub.

First Published Date: 03 Jan 2024, 20:28 PM IST


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EICMA 2023: Honda NX500 ADV, CB500 Hornet unveiled, India launch likely in 2024

EICMA 2023: Honda NX500 ADV, CB500 Hornet unveiled, India launch likely in 2024

by with No Comment Electric vehicles cars

Honda Global has pulled the wraps off the new NX500 adventure tourer and CB500 Hornet streetfighter motorcycles at EICMA 2023. The Honda NX500 ADV may seem a bit too familiar for many readers because this is the CB500X adventure motorcycle in an all-new avatar. Honda says that the new term ‘NX’ stands for “New x-over.” Meanwhile, the CB500 Hornet is the new name for the CB500F.

By: HT Auto Desk
| Updated on: 12 Nov 2023, 17:56 PM

The 2024 Honda NX500 is essentially the comprehensively updated CB500X with a new name

The 2024 Honda NX500 gets a major redesign over the outgoing model. The update includes a brand-new face with an LED headlamp cluster and a larger windscreen. The fairing has been redesigned as well and is now much larger, giving the model a stronger road presence. Changes at the rear include a new taillight, as well as the new and lighter alloy wheels. The bike also sports a 5-inch TFT digital console with Bluetooth connectivity.

Also Read : EICMA 2023: Moto Morini X-Cape 1200 and Milano 1200 make global debut

2024 Honda NX500
The 2024 Honda NX500 uses an updated 471 cc parallel-twin engine that develops 47 bhp

Power comes from the comprehensively updated 471 cc parallel-twin engine. The motor gets new internals with a crank counterweight and balancer shaft to make the unit smoother. Power output remains the same at 47 bhp. Honda has also re-tuned the suspension setup for better on-road and off-road ability.

Coming to the 2024 Honda CB500 Hornet, the streetfighter now packs a new single-piece LED headlamp with a DRL. The styling has been revised for a more modern and muscular appeal. The fuel tank gets more bulbous on the motorcycle, while there’s a new and larger side-slung exhaust on the motorcycle. On the feature front, the bike gets all-LED lighting and a 5-inch TFT digital console with smartphone connectivity.

2024 Honda CB500 Hornet
The 2024 Honda CB500 Hornet gets a redesign, updated mechanicals and new colours. It is unlikely to come to the Indian market though

The new Honda CB500 Hornet also uses the 471 cc twin-cylinder, liquid-cooled motor tuned for 47 bhp and 43 Nm of peak torque, paired with a 6-speed gearbox and an optional quickshifter. Suspension duties are carried out by 41 mm Showa front forks with a monoshock at the rear. Braking performance comes from dual 296 mm at the front and a single 240 mm disc at the rear with dual-channel ABS. The bike rides on 17-inch alloy wheels.

The Honda CB500X had been previously on sale in India and could return in the form of the new NX500 sometime in 2024. Meanwhile, the CB500 Hornet is unlikely to make it here due to low demand and will be sold in international markets.

First Published Date: 12 Nov 2023, 17:56 PM IST


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Honda 2 Wheelers offering special discounts this festive season. Check them out

Honda 2 Wheelers offering special discounts this festive season. Check them out

by with No Comment Electric vehicles cars

By: HT Auto Desk
| Updated on: 28 Oct 2023, 16:00 PM

Honda Motorcycle and Scooter India have announced special offers for the festive season. The brand is offering cashback of up to ₹5,000, zero down payment, no cost EMI, low rate of interest at 6.99 per cent and no hypothecation. With the Shine 100, the brand is giving a ‘100 pe 100’ offer. It is important to note that these offers are available only for limited and there are terms and conditions applied.

Image of Honda Activa Limited Edition in Matte Steel Black Metallic colour used for representational purposes only.

Honda recently launched the OBD2-compliant version of the CB300R in the Indian market. It is priced at ₹2.40 lakh (ex-showroom, Delhi) which is ₹37,000 less than what it was priced before. It competes against the Bajaj Dominar 400, TVS Apache RTR 310, KTM 390 Duke and BMW G 310 R.

Powering the CB300R is a 286 cc, single-cylinder engine that uses a DOHC setup and liquid cooling. It puts out 29.98 bhp of max power at 9,000 rpm and a peak torque output of 27.5 Nm at 7,500 rpm. It comes mated to a 6-speed gearbox with slip and assist clutch.

Also Read : Honda debuts two-seater electric microcar CI-MEV with level-4 ADAS

The manufacturer also launched a new limited edition model of the Activa. It is priced at ₹80,734 and ₹82,734 for the Standard and Smart variant respectively. Both prices are ex-showroom. The limited edition model only comes with cosmetic changes.

The Limited Edition will be sold in two new colour schemes. There is Pearl Siren Blue and Matte Steel Black Metallic. Honda has added black chrome accents and stripes to the body panels. The Activa 3D emblem gets premium black chrome garnish while the rear grab rail also gets a body color dark finish. Apart from this, Honda has added a set of alloy wheels to the DLX variant which means that the scooter comes with peace of mind of having tubeless tyres.

First Published Date: 28 Oct 2023, 16:00 PM IST


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