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The Japanese two-wheeler major would, however, continue to sell BS IV CB Shine in the market.On a query related to slowdown in the domestic market, Guleria said the company did not anticipate any change in the market dynamics for at least 3-4 months owing to various macro economic factors.He added that with double-digit sales growth in the festive season, the companyinventory level has come down to less than a month.
The company has already sold 80 lakh 125 cc units in the market till date, he added.The company, however, is on schedule with the introduction plans of BS VI compliant models, he added.The new model is around 11 per cent costlier than the outgoing model and, as per the company, delivers 16 per cent better fuel efficiency."
The production of the SP 125 has begun and the model would start arriving at the dealerships by the end of this month," Guleria China Bicycle Foot Peg Factory said.Commenting on the launch, HMSI President, CEO and Managing Director Minoru Kato said the new model would raise the bar for technology, style and performance in the 125 cc motorcycle segment.HMSI Senior Vice President, Sales and Marketing.
Yadvinder Singh Guleria said the company has a market share of 39 per cent in the 125 cc bike category.New Delhi: Honda Motorcycle and Scooter India (HMSI) on Thursday launched a new BS VI-compliant bike SP 125 with price starting at Rs 72,900 (ex-showroom Delhi).The new bike replaces the company125cc model CB Shine SP
The company has already sold 80 lakh 125 cc units in the market till date, he added.The company, however, is on schedule with the introduction plans of BS VI compliant models, he added.The new model is around 11 per cent costlier than the outgoing model and, as per the company, delivers 16 per cent better fuel efficiency."
The production of the SP 125 has begun and the model would start arriving at the dealerships by the end of this month," Guleria China Bicycle Foot Peg Factory said.Commenting on the launch, HMSI President, CEO and Managing Director Minoru Kato said the new model would raise the bar for technology, style and performance in the 125 cc motorcycle segment.HMSI Senior Vice President, Sales and Marketing.
Yadvinder Singh Guleria said the company has a market share of 39 per cent in the 125 cc bike category.New Delhi: Honda Motorcycle and Scooter India (HMSI) on Thursday launched a new BS VI-compliant bike SP 125 with price starting at Rs 72,900 (ex-showroom Delhi).The new bike replaces the company125cc model CB Shine SP
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