HONDA MAY be experiencing financial difficulties in the current financial gloom, but their grip on the Indian motorcycle market is getting stronger, recent reports suggest.
Hero Honda and Honda Motorcycle & Scooter India (HMSI), have accounted for a 73 per cent market share in January domestic sales. Reports show the two Honda companies reported combined sales of 4,01,872 bikes and scooters of a total 5,48,267 units.
This month Honda will also launch two bikes in the 800cc plus category as part of its efforts to promote the Honda brand in India. One is the CBR1000 RR while another “model is under consideration”.
Both bikes will be imported from Japan.