MUMBAI: Two-wheeler manufacturer Honda Motorcycle and Scooter plans to enter into 800cc and above high-powered motorcycle segment by the end of the current financial year, a top company official said.
"We are entering into the premium 800cc and other high-powered motorbike segment and are currently working on it. These higher segment vehicles will be launched in the last quarter of the current fiscal," HMSI's Divisional Head (Sales and Marketing) N K Rattan told reporters on Tuesday.
The company also plans to launch 100cc motorcycle by 2010, he said. "We will be launching a 100cc motorcycle and other range of fun bikes by 2010," he said. The company recently launched its new 125cc bike-- CBF Stunner. The bike is available in three variants--kick drum alloy, self drum alloy and self disc alloy.
CBF Stunner's ex-showroon price in Mumbai varies from Rs 50,377-55,185. In the current financial year, HMSI targets to sell around 80,000 units of CBF Stunner, he said.
The company, in the last fiscal, sold 9.07 lakh units of two-wheelers which included scooters and motorbikes and enjoyed a marketshare of 11 per cent, he said. "During FY'09, we expect to sell around 10 lakh units of two-wheelers," he said. By 2010, the company was planning to capture a market share of 15 per cent in the two-wheeler segment, he said.
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