Honda Motorcycle & Scooter India Pvt. Ltd (HMSI) posts 11% growth in June’13 ~ Motorcycle: 120,639 units sold in June'13, HMSI growth is 17% (YoY) ~ Scooter: 131,475 units sold in June'13, HMSI growth is 6% (YoY)

Honda Motorcycle & Scooter India Pvt. Ltd (HMSI) posts 11% growth in June’13

~ Motorcycle: 120,639 units sold in June'13, HMSI growth is 17% (YoY)

~ Scooter: 131,475 units sold in June'13, HMSI growth is 6% (YoY)

Mumbai, 12^th July, 2013: Honda Motorcycle & Scooter India Pvt. Ltd (HMSI) – India’s 2^nd largest two-wheeler company in domestic sales continues its trend of outperforming the overall Indian two-wheeler industry once again.

Continuing the positive sales momentum, Honda reported total sales of 252,114 two-wheelers in June’13. Honda grew an impressive 11% overall (YoY). In contrast, the overall two-wheeler industry continued the negative sales trend for the straight 3^rd month and recorded a sharp 5% drop in sales during June’13.

Honda Motorcycle & Scooter India Pvt Ltd. (HMSI) encouraging numbers is the result of enduring customers trust in Honda technology and products.

Key highlights of Honda’s performance in June’13 include:

·      HMSI Growth: HMSI posts 11% growth in June (YoY) in contrast to 5% drop in overall 2Wheeler industry sales in June'13.

·      HMSI market share: 22%(Dom) , 20%(Dom+ Exp)

·      Overall Production capacity is expanded as Honda’s 3^rd Plant at Narsapura (District Kolar, Karnataka) starts production in mid June'13. Initially Dream Yuga and Activa i being manufactured.

·      Model upgrade: 2013 edition of two models launched - CBR 250R (3 colours+ Repsol limited edition) and Dream Yuga (with HET)

Excerpts from Company Officials:

"While Indian 2W industry witnessed a de-growth of 5%, Honda continues to lead on back of strong customer demand and has clocked 11% growth in June 2013. With the start of 3rd plant in mid June, we are working with new speed to satisfy our 95,000 waiting customers faster with quality products and services near them. Now with the start of all India availability of our recently launched CB Trigger and Dream Neo, we are confident of consolidating our growth in future too,” said Mr. Y.S Guleria, Vice President - Sales & Marketing, Honda Motorcycle & Scooter India Pvt Ltd.