Zeebiz BureauNew Delhi: Good news for bike enthusiasts and news to worry for Bajaj Auto! Honda Motorcycle and Scooter India (HMSI) is all set to launch its new sports bike CBR 150R next month.
According to a business daily, the CBR 150R of the Japanese subsidiary to be launched in March is priced at about Rs 115,000, pitting it directly against Bajaj’s KTM Duke 200 priced Rs 117,000.
Only last month Bajaj Auto had launched the Austrian-brand street bike KTM Duke 200.
The cool bike CBR 150R is Honda’s third new offering this year. The mean machine is powered by engine of around 150cc and it looks like a downsized clone of CBR 250R.
Reportedly, the company expects a sale of more than 3,500 units in a month after it is launched.
First Published: Monday, February 20, 2012, 18:00