Asia Bizz: Japanese auto giant Honda, on Friday launched the CBR 250R in two variants in the Indian market. The Indian customers will get to own the standard, as well as the C-ABS variant of the CBR 250.
The standard variant will cost Rs. 1.47 lakhs, while the C-ABS variant will cost at Rs. 1.73 lakhs ex -showroom. Honda has already been flooded with 2,000 bookings.
With the launch of the two new CBR 250 R variants in the country, the company is now aiming to cross the two million two wheeler sales for the year 2011, with a rise recorded at 1.6 million last year. Moreover, Honda is also planning to launch two more bikes, which includes the 100cc bike.
The 100cc bike is the largest segment in the country and the other one is a scooter, of which the company has garnered 54 percent in the segment. Overall, Honda Motorcycles and Scooters India has a 13 to 14 percent market share in the two wheeler market in the country. The company is now also planning to increase the capacity to 4 million two wheelers per year with the help of a new plant in the state of Karnataka, India. Earlier, the company had a capacity of 2.8 million two wheelers per year.
