Honda Motorcycle and Scooter India (HSMI) has entered in used two-wheeler business. Honda is planning to reach at top mark within a decade. For that Honda decided to enter in 100cc bike market as well by end of this year.
Honda recenly launched Honda CBR 250R semi-sports bike in compare to Bajaj Pulsar, TVS Apache & Hero Honda Karizma. Honda CBR 250R will be available in India from April.
It is sure that Horo and Honda now seprated and Honda will get profit of 80 billion yen after selling its stake to Hero Group. Now company is planning to expand their own network in India to improve in profit.
Honda entered in use tw-wheeleer market with five 'Best Deal' outlets in Bangalore, Delhi, Thane, Ahmedabad and Punjab. This outlets will buy and sell used Honda bikes & two-wheelers. Company will provide 6 months warranty as well. Honda is keen about their new business that it will produce good profit.
By: Jack Dawson
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