Motorcycle Industry is facing a downtrend in sales this year due to higher lending rates. Motorcycle makers are rationalising their production to face this down trend.Japanese major Honda has put off its plans to build a second plant, announced a few months ago, because it doesn’t anticipate to sell enough from the unit to warrant a new factory. But Honda will spend Rs100 crore on upgrading its factory and introduce two new products next year, in addition to a previously announced Rs300 crore expansion plan, as it seeks to improve market share. Honda currently holds 11% market share with products such as 150c unicorn, 125cc shine, eterno and dio scooters.
* Honda is planning a new scooter, 125cc motorcycle and a niche 100cc bike. Honda says it will shortly come up with another bike in the 125cc segment. “We already have a 125cc bike Shine but the product is not meeting younger people’s demands,” Honda says.
* Regarding the 100cc bike Honda is not expecting too much volumes from this bike and it only expects the new bike to target a niche audience such as off-road bikes. Honda’s new 100 cc model could be positioned slightly higher than the existing ones in the market and sport a premium price tag.
* The new scooter model will be on the same platform as the Honda’s flagship model — Honda Activa and will be rolled out by the end of this fiscal.
* Honda is currently conducting a feasibility study regarding the higher engine capacity bikes and might introduce our global brands — CBR 1000 and Gold Wing — into the Indian market soon with a price tag of Rs 10 lakh
Its good to hear atlast honda have got thier sights corrected. What were thay doing till now?
wht bike do u suggest best among the 150 sgment??pulsar cbz unicorn or Apache..
hey …plz let me know about new bikes to be launched by honda in india…..plz pllz im a honda fan….let me know about the mileage,cc,n bhp……..reply as soon as possible
The new Honda Shine is a very good vehicle and it looks superb as well.The monotone colours may appeal to young costomers like me.The honda products are world class,no surprise because it is the world no.1 company.A lot more products and we might see Honda climbing up the market share ladder because there is no comparison to Honda in terms of quality and performance.If anybody is looking for a vehicle and tends to keep it for a long time I would suggest a Honda and they are responsible for Kinetic’s huge success in scooters,I mean who doesn’t remember the Kinetic Honda,the all time best seller.Everybody knows that Honda is responsible for Hero honda’s success.I feel that Honda can do it in India.
Hi,
I just want to know is Honda going to launch any fuel injection technology bike this year.
Thanks.
HI SIR,
I AM USER OF HONDA ACTIVA CAN U PLEASE GIVE SOME INFORMATION OF YOUR ANOTHER BYK UNICORN AND HOW DO YOU WANT TO POSITION UR BYK I MEAN WHAT CAN WE EXPECT FROM THE PRODUCT DISTINCT FROM OTHER 150cc byks please do reply as soon as possible.
I would suggest that insteed of such bikes for indian market Say (CBR 1000 and Gold Wing — into the Indian market soon with a price tag of Rs 10 lakh.) It would be more practical to launch 600cc nacked or straight position bike as (cbf1000 or hornet600), still Indian roads are not that good to drive such bikes.
sir i am a student in chittoor engineer collage i want to interduced a new bike with more cc with more millage if u give permission i will be interduced in ur compeny honda sir ur fan sir
thanking u sir urs loveingly
syed kabir
which new bike is going 2 launch in 2009
Hi,
I love honda products because of its superior quality and the design,.but i would like to suggest as i love the 150 cc segment and i did not find honda putting any effort to upgrade the spedometer console as now a days users are looking at the latest but the honda unicorn has the old speedometer,.that’s a big disappointment and if u see the pulsar apachee and the suzuki gs150r all have DIGITAL spedometer but only honda unicorn is outdated in this aspect,……….plz look into this comment i am looking for the latest from HONDA as i am planning to buy UNICORN in 2010 i am eagerly awaiting if DIGITAL SPEEDOMETER will be put on to this bike, i would love to buy UNICORN.