Honda launches Dream Neo; to up capacity by year-end

Written By Unknown on Selasa, 09 Juli 2013 | 21.03

Jul 09, 2013, 07.22 PM IST

Honda plans to tap the mass segment with the launch of the Dream Neo and plans to increase capacity to 46 lakh units by the year-end, YS Guleria, VP - sales and marketing, HMSI told CNBC-TV18.

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Honda launches Dream Neo; to up capacity by year-end

Honda plans to tap the mass segment with the launch of the Dream Neo and plans to increase capacity to 46 lakh units by the year-end, YS Guleria, VP - sales and marketing, HMSI told CNBC-TV18.

Like this story, share it with millions of investors on M3

Honda launches Dream Neo; to up capacity by year-end

Honda plans to tap the mass segment with the launch of the Dream Neo and plans to increase capacity to 46 lakh units by the year-end, YS Guleria, VP - sales and marketing, HMSI told CNBC-TV18.

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Honda Motorcycle and Scooters India (HMSI) on Tuesday launched its bike, the Dream Neo, in Maharashtra. Talking to the media on the occasion, YS Guleria, VP - sales and marketing, HMSI said that the company was targeting a sale of 8 lakh units this fiscal for the mass segment.

Also Read: How curiosity got the better of Honda in a good way

"We're planning to sell 8 lakh units in the mass 100-210cc category for this financial year. The production capacity, from 40 lakh units, will be increased 46 lakh by end of this year. Our target is 39.3 lakh units with a growth of 43 percent over last year," YS Guleria told CNBC-TV18.


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