Honda Motorcycle and Scooter India, the country’s second largest two-wheeler maker, has halted production and sales of two its once most popular bikes CBR 250 and CBR 150.
Not a single new unit of the two bikes has been produced since April 1 and most of the older stocks have been liquidated during the stock clearance sale of March 30-31. The previous stocks were of Bharat Stage III emission standard which were deemed useless after the start of the new financial year as the Supreme Court banned sale of all BS-III vehicles after April 1. Both the bikes were manufactured in India by Honda.
The company has, however, said that the two bikes could return to Honda showrooms though a spokesperson did not share a timeline for the launches. Sources say not only will the new bikes have to be BS-IV compliant but will have to offer some additional features to counter competition. Introduced in 2011 both the Hondas hit a sweet spot with the buyers instantly. The segment of bikes costing Rs 1 lakh and up to Rs 2 lakh had not been explored much with only a handful of manufacturers marking their presence.
Article Source : MoneyControl