TVS outsells Honda in February 2023 two-wheeler sales

TVS sold a cumulative 267,026 two-wheelers in February, outselling Honda Motorcycle and Scooter India, which cumulatively sold 247,175 two-wheelers du
...
TVS managed to get 8% more two-wheeler sales than Honda in February
TVS managed to get 8% more two-wheeler sales than Honda in February

TVS Motor Company announced its sales for February 2023 and the company’s cumulative (domestic + exports) two-wheeler volumes stood at 267,026 units. The company managed to outsell Honda Motorcycle and Scooter India (HMSI), which cumulatively sold 247,175 two-wheelers during the same period. Between TVS and Honda, the former registered eight per cent more sales making it the second-largest two-wheeler maker in the country. Hero continues to be at the top spot with 394,460 units sold last month.

With respect to domestic sales, TVS sold 221,402 units, growing by a healthy 28 per cent, as against 173,198 units sold during the same period last year. Meanwhile, Honda’s domestic volumes stood at 227,064 units, against 285,706 units sold in February 2022, registering a 20.53 per cent decline in sales. While Honda manages to retain second place in domestic volumes, TVS managed better export volumes than Honda during the previous month boosting its volumes over the Japanese brand.

Also check these Bikes

Find more Bikes
Tvs Ronin (HT Auto photo)
225.9 cc 120 kmph 42.95 kmpl
₹ 1.49 - 1.73 Lakhs
Compare
View Offers
Honda Cb350rs (HT Auto photo)
348.0 cc 150 Kmph 36.0 kmpl
₹ 1.90 - 2.19 Lakhs
Compare
View Offers
Keeway Sr 250 (HT Auto photo)
223.0 cc 123 Kmph 40 kmpl
₹ 1.49 Lakhs
Compare
Revolt Motors Revolt Rv Cafe Racer (HT Auto photo)
UPCOMING
3.24 kWh 45 Kmph 150 Km
₹ 1.48 Lakhs
View Details
Tvs Xl100 (HT Auto photo)
99.7 cc 58 kmph 55 kmpl
₹ 44,998 - 59,695
Compare
View Offers
Yamaha Mt-15 (HT Auto photo)
155.0 cc 130 kmph 56.87 kmpl
₹ 1.67 - 1.73 Lakhs
Compare
View Offers

Also Read : TVS Apache RTR 160 2V Review: Still relevant in 2023?

Honda CB350RS
Honda's exports declined by 25.36% in February which massively reduced its overall volumes for the month
Honda CB350RS
Honda's exports declined by 25.36% in February which massively reduced its overall volumes for the month

TVS’ exports stood at 45,624 units in February 2023 as against 94,427 units in February, a sharp decline of 51.68 per cent year-on-year. On the other hand, Honda Two-Wheeler India’s exports stood at 20,111 units last month, witnessing a drop of 25.36 per cent when compared to 26,944 units shipped overseas in February last year.

Despite a slew of launches, Honda Two-Wheeler India has been struggling to get its numbers up in the last few months. The company is now gearing up to introduce the Honda CB350 cafe racer and a new entry-level commuter this month, both of which will be targeted at bringing big volumes. Honda is also expected to introduce its revised two-wheeler lineup meeting OBD 2 compliance later this month. Meanwhile, TVS is gearing up to host Moto Soul, its annual biking festival in Goa this weekend. The company is expected to make a few announcements at the event.

First Published Date: 02 Mar 2023, 10:58 AM IST
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.