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Honda Sells Super Bikes At Premium

July 30th, 2009 | No Comments | Posted in Uncategorized

Honda Motors Company has sold 21 super bikes in India so far at a price of Rs. 12.5 lakh and Rs. 9.5 lakh within three months of the launch of the company. “We have been able to sell 21 of our super speed bikes within three months of their launch into the country,” said HMSI Head Sales Y S Guleria. We have seen the potential of these bikes in big cities like Mumbai, Kolkata, Bangalore, Chennai, Delhi and Pune and we aim to sell 100 units of these bikes in this fiscal,” he added.

The company had launched two super-bikes CBR1000RR and CB1000R, which are geared towards the high-end customers interested in super-bikes. Further, Guleria also stated that the company now intends to enter the 100cc segment to cater to the popular segment demands and to generate volumes for the company. He did not divulge the price bracket for the new upcoming 100cc bikes coming from the Honda stable.

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Hero Honda posts Rs 500 crore profit for April-June

July 30th, 2009 | No Comments | Posted in Uncategorized

Hero Honda, India’s largest two-wheeler manufacturer, has reported a net profit of Rs 500.1 crore for the period April-June 2009, an 83% increase over the profit for the corresponding period in 2008. This increase in profit is, according to the company, on account of lower input costs and better sales figures.

Hero Honda’s sales for April-June 2009 amounted to Rs 3,811 crore, a 34% increase over last year’s figure. Gross profit stood at Rs 604.5 crore, a 97% increase over the figure reported in the year-ago period.

With Bajaj Auto lagging far behind at a distant second spot, Hero Honda is currently the undisputed no.1 two-wheeler manufacturer in India. The company is expected to launch a new ‘premium’ motorcycle - the Karizma ZMR - in the domestic market over the next few weeks, with which it hopes to take on bikes like the Bajaj Pulsar 220 DTS-i and the Yamaha R15.

[Via: indiaautomotive]

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Hero Honda Celebrates Silver Jubilee With Expedition

July 29th, 2009 | No Comments | Posted in Uncategorized

In order to celebrate their Silver Jubilee, Hero Honda has flagged off an expedition by riders from the 21 Signal Group of the Army at the India Gate yesterday. The 15-day motorcycle expedition will be done on a range of Hero Honda motorcycles covering a distance of 4,047 kilometres through eight states. The expedition will continue till 11 August, 2009. The 12 Hero Honda motorcycles include Passion Plus, Hunk and Karizma.

The route comprises of desert terrain of 940 kilometres and mountainous terrain of 1310 kilometres. The motorcycle expedition involves crossing of nearly ten high altitude passes - Rohtang (13,360 feet), Baralacha-La (16,040 feet), Nakee-La ( 15,547 feet), Lachung- La (16,616 feet), Tanglang-La (17,582 feet), Chang- La (17800 feet), Marsimik- La (18632 feet), Polokhang- La, Jalori Pass and Khardung-La (18,380 ft.), which is the highest motorable road in the world and will be negotiated via the Kullu, Manali and Leh axis.

[Via: Motorbeam]

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