Business

HMSI sales up 2% in March

Two-wheeler manufacturer Honda Motorcycle & Scooter India (HMSI) today reported 1.81 per cent increase in total sales at 3,99,178 units in March.

The company had sold 3,92,060 units in the corresponding month last year, HMSI said in a statement.

HMSI’s motorcycle sales, however, declined by 18.27 per cent to 1,45,508 units last month compared with 1,78,035 units in March 2014.

The company’s scooter sales jumped by 21.77 per cent to 2,38,919 units from 1,96,191 units in March 2014, it added.

Exports declined by 17.28 per cent to 14,751 units as against 17,834 units in the same month a year ago, it said.