Honda to get out of geared scooters segment in India
Honda Motorcycle & Scooter India has announced that they are soon going to exit from the geared scooters market to concentrate on the gearless segment.
The company offers Eterno scooter model which comes with manual gears.
Honda has also just launched the new edition of its gearless scooter Activa. This version is priced at Rs 39,800 (ex-showroom, Delhi).
A company representative said: “We will stop producing Eterno. We will not stay in this segment. Eterno will be phased out.”
Honda said that they were selling around 40,000 units of Eterno per annum which are just not good enough numbers.
TVS Balancing Wheels launched for Scooty
Two wheeler manufacturer TVS has announced an accessory for their Scooty mini-scooter.
This new product is Balancing Wheels which is a set of additional wheel to be connected to the scooter.
The aim is to make it easier for new riders to drive comfortably.
TVS Motor spoke about this add-on product: “Much like the wheels that are fitted onto a toddler’s bicycle, ‘Balancing Wheels’ are meant for people who do not know how to balance a two-wheeler. It is a simple innovation that makes learning to ride a two-wheeler easy, convenient and safe. Balancing Wheels, help to overcome the fear of falling that almost everyone experiences while learning to ride, thereby, making the learning process much faster and easier”.
TVS Motor Company General Manager Marketing S Srinivas added: “The Balancing Wheels have been put through rigorous tests to ensure durability and safety for users. However, it is recommended that learners ride slowly to begin with and limit the top speed to 40 kmph.”
Honda India announces price cut on two wheelers
Honda Motorcycle and Scooter India has announced that they are reducing the prices of their models with the excise duty cut announced in the Union Budget.
This comes despite the fact that the automakers in the country are demanding more cuts from the Indian government.
The company said that they are cutting the prices across its motorcycle and scooter models by Rs.800-Rs.1600.
Shinji Aoyama, President and Chief Executive Officer added: “Our target for next fiscal is one million units with a sales mix of 700,000 scooters and 300,000 motorcycles.”
Honda India has just launched their latest scooter model named Aviator. They are aiming to sell 100,000 units of Aviator next fiscal.
Honda Aviator scooter launched in India
Honda India has launched a new scooter model named Aviator in the Indian market.
The scooter is powered with a 102 cc engine and is priced at Rs 40,708 ex-showroom.
HMSI South head Raja Gopi spoke on the launch: “The company after successfully reviving the scooter market from the brink of extinction is now set to redefine the positioning of scooters. The Hyderabad market provides HMSI an immense opportunity to expand and the company is looking forward to introduce and promote its range of products further in the city. The All India launch of the product is on March 6.”
They are offering two variants of this scooter model: standard and deluxe. The deluxe edition would come loaded with front disc brake and 12” alloy wheels.
Kinetic Flyte launched in India
Kinetic Motor has announced the launch of their new scooter product named Flyte. This is a 125 cc gearless scooter which they have developed in collaboration with Taiwanese partner Sanyang Motor (SYM).
This product was already available in select cities since two months now. The company has already sold around 5,000 units of Flyte.
The company is now aiming to sell 75,000 scooters in the market in the next fiscal year.
KMC Managing Director Sulajja Firodia Motwani said in a statement on their plans: “This year the sales of motorcycles have shrunk by 13 per cent, whereas scooters have witnessed a 30-per cent growth. We will continue to focus on scooters which is the fastest growing two-wheeler segment.”