Honda’s entry level bike in final stages
Honda India is on the final stages of production of its 100cc bike and the Japanese automobile major plans to unveil it soon. The 100cc is the largest segment in terms of volume in the Indian two-wheeler market. HMSI has presence in the 125-cc segment with the Shine and the Stunner models and in the premium 150cc segment with the Unicorn.
HMSI vice-president and operating head-purchase Anupam Mohindroo told reporters that the firm will soon launch the 100cc variant at the Auto Expo 2010 in New Delhi. He further added that the 100cc vehicle will be a different model, unlike most other 100cc offerings as it will be based on the lines of the CBF Stunner 125.
[Via: BIKE India]
Bajaj Auto Plans Africa & Europe Entry
Bajaj Auto is exploring markets in Africa and Europe for its motorcycles, particularly the Boxer, CT100 and the Pulsar. The company, which exported more than 6 lakh motorcycles, is seeing rising sales of the low cost Boxer and CT100. Bajaj is taking a step ahead in registering the Pulsar brand name in countries before it begins marketing the motorcycle.
"We have had instances in the past where companies had registered the Pulsar brand in their names when they realised we were coming. So, we are selling the bike under the Pulse brand in Iran and as the Rouser in the Philippines," Ashok Saxena, general manager of Bajaj Auto's international business said.
[Via: motorbeam]
Honda India to launch a 100cc bike!!
The country's second largest motorcycle maker will be launching new variants of it's existing models along with a performance oriented entry-level bike. Honda Motorcycles and Scooters India (HMSI) had earlier announced that they were unaffected by the global economic slowdown owing to high demand for it's existing products.
However, HMSI is still not taking any chances when it comes to developing product portfolio. The country's second largest motorcycle manufacturer will be launching a performance oriented 100cc bike.
HMSI has announced it will be launching the bike within a year. The company claims the new bike will be unlike anything the segment has seen before. HMSI is not targeting mass volumes and is planning to sell around 2 lakh units a year. The 75-125cc two-wheeler segment in India has already registered sales of 34 lakh units in this fiscal.
Shinji Aoyama,President and CEO, HMSI, has said that the company will also be launching various variants of it's existing models along with newer bike models before bringing the 100cc bike into the market. According to Aoyama, HMSI has a strong vision for the Indian market and will look for opportunities in these challenging times.
Aoyama further added that the company will be investing Rs. 300 crores in the next three years. The investment will be made for launching new products and expanding capacities of HMSI's plant. With HMSI's new 100cc offering on the anvil, buyers in the entry-level motorcycle segment will definitely be spoilt for choice.
[Via: cartradeindia]
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