New Delhi: Honda Motorcycles and Scooter India (HMSI) on Tuesday launched a new version of its 125 cc sports bike — CBF Stunner — priced at Rs64,630 (ex-showroom, Delhi).
The launch is part of the company’s strategy to increase its sales in the Indian two-wheeler market.
“Last fiscal we sold about 10.7 lakh units of two-wheelers and this year we are targeting 12% increase at 12.5 lakh units. And the CBF Stunner will play an important role,” HMSI chief executive officer Shinji Aoyama said.
The new bike will be equipped with PGM-FI (Programme Fuel Injection) technology, which gives more power, the company said.
It will be available in the market by the first week of June, it added.
According to Society of Indian Automobile Manufacturers (SIAM), the total two-wheeler sales in the last financial year increased by 2.60% at 74,37,670 units compared to 72,49,278 units in FY 08.