Comments
Honda Motorcycle & Scooters India, the 100 per cent owned two-wheeler subsidiary of Japanese major Honda Motor Company, is set to cross two million two-wheeler sales this year, up from 1.6 million it logged last year in India.
The company plans to launch at least two more models during the year, which includes a 100 cc bike, a large segment in the country, and another scooter (the company has garnered a market share of 54 per cent in this segment).
Overall, HMSI has a market share of about 13-14 per cent in the country’s two-wheeler market.
HMSI is in the process of increasing its manufacturing capacity to 4 million two-wheelers a year with a new plant in Karnataka, up from 2.8 million production capacity across two manufacturing bases in the country.
Addressing a press conference here today, Mr Makato Yoshii, Operating Head South and West, HMSI, today announced the launch of CBR 250R in two variants.
The standard and C-ABS variants are priced at Rs 1.47 lakh and Rs 1.73 lakh respectively ex-showroom.
The company already has over 2,000 bookings. Of the 2.1 million sales clocked during the year, the domestic market is likely to account for 1.9 million, he said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.