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Honda Motorcycles & Scooters India Ltd has crossed a new milestone of having sold over 30 lakh units of the Honda CB Shine.
The CB Shine has become the highest selling 125cc motorcycle in India ever and the first motorcycle in that segment to reach the 30 lakh figure.
Globally as well, the CB Shine has become Honda Japan's top selling motorcycle across Honda's two-wheeler operations worldwide for the first time in the FY 13-14. Honda has today rolled out the 30th lakh CB Shine unit from its Tapukara, Rajasthan based plant.
Launched in April 2006, the CB Shine quickly gained 9% market share with sales crossing 1.17 lakh units in its first year itself. In the year 2008-09, the CB Shine became the single largest selling 125cc bike, and then in October, 2010 the company sold 10 lakh units of the motorcycle.
The company claims that "Since becoming segment leader, Honda's CB Shine leadership over nearest competitor model has consistently grown from 9% in FY'2008-09 to 61% in 2013-14. In volume terms, sales gap with nearest competitor has widened from 22,000 units to 2.81 lac units in FY'13-14, clearly indicating the overwhelming customer trust in CB Shine."
Source: Honda CB Shine becomes India's all time highest selling 125cc motorcycle - News
The CB Shine has become the highest selling 125cc motorcycle in India ever and the first motorcycle in that segment to reach the 30 lakh figure.
Globally as well, the CB Shine has become Honda Japan's top selling motorcycle across Honda's two-wheeler operations worldwide for the first time in the FY 13-14. Honda has today rolled out the 30th lakh CB Shine unit from its Tapukara, Rajasthan based plant.
Launched in April 2006, the CB Shine quickly gained 9% market share with sales crossing 1.17 lakh units in its first year itself. In the year 2008-09, the CB Shine became the single largest selling 125cc bike, and then in October, 2010 the company sold 10 lakh units of the motorcycle.
The company claims that "Since becoming segment leader, Honda's CB Shine leadership over nearest competitor model has consistently grown from 9% in FY'2008-09 to 61% in 2013-14. In volume terms, sales gap with nearest competitor has widened from 22,000 units to 2.81 lac units in FY'13-14, clearly indicating the overwhelming customer trust in CB Shine."
Source: Honda CB Shine becomes India's all time highest selling 125cc motorcycle - News
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