The Honda Motorcycle & Scooter India (HMSI) introduced its new 125 cc sports bike - CBF Stunner on Monday, June 30. The bike is priced between Rs 47,070 and Rs 51,655 (Ex-Showroom, Delhi). The company aims to sell 10 lakh units this fiscal and it is confident their new 125 cc sports bike will help in revving up sales. Commenting on this, N K Rattan, HMSI Pvt Ltd Divisional Head (Sales and Marketing), said, ‘We plan to achieve a sale of one million units in the current fiscal and the launch of this new bike will help us in materialising this target.’ As far as the CBF Stunner is concerned, Mr Rattan said that the company plans to sell 80,000 units of the new bike this fiscal.

The Honda Motorcycle & Scooter India recorded sales of 9.07 lakh units during the previous fiscal. Earlier the HMSI had decided to build a fresh manufacturing unit, but it now plans to go slow on it. Mr Rattan explained that their present production capacity is 1.2 million units, which can be increased to 1.35 million and this is basically why the company was planning a new manufacturing facility. But he underscored that they are not thinking about this seriously at present. Apart from CBF Stunner, the HMSI will likely introduce two more new models this year. ‘We also expect our bikes above the 800 cc category to launch in FY'09, which will be priced above Rs 10 lakh, said N K Rattan.