Honda reports a 20.0% year-on-year increase in motorcycle and ATV sales over the second quarter ended Sept. 30, 2011. Despite a record second quarter for motorcycle sales, Honda saw a drop in net profit due to struggling auto sales and the aftereffects of the Japanese earthquake in March and flooding in Thailand. According to its […]
2012 Honda Ace CB125 and Ace CB125-D – $627 Motorcycles for African Market
Honda announced two low-priced small-displacement motorcycles to be produced and sold in Nigeria.
The Honda Ace CB125 and Ace CB125-D were developed to be affordable, durable, easy to use and offer good fuel economy. Honda will introduce the CB125 and CB125-D at about 100,000 Nigerian naira (US$627), a price point that Honda expects to be affordable for many Nigerians, with the manufacturer targeting annual sales of 100,000 units.
The Honda Ace CB125-D (pictured in blue) will be offered as a consumer model while the CB125 version (red in the photographs) with its longer seat and higher load capacity, is intended for use as a bike taxi.
Honda plans to introduce the two Ace CB125 models to other African nations.