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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.

2013 Honda CRF Off-Road Lineup Announced

Honda introduced its 2013 CRF off-road model lineup featuring a new CRF450R motocross bike and a new entry-level CRF110F trail bike. The 2013 Honda CRF450R was developed from Honda’s factory racebikes in the Japanese Motocross Championship, along with input from its European and AMA factory squads and racing legend Jeremy McGrath. The 2013 model features new Kayaba pneumatic front forks, just like Kawasaki’s competing KX450F.

Honda Reports 2013-2014 Sales Results

A strong fourth quarter helped Honda see a 9.8% increase in motorcycle sales and a 9.3% increase in motorcycle revenue for its fiscal year ended March 31, 2014. The Japanese manufacturer reported sales of 17.0 million motorcycles and ATVs over the fiscal year, up from the 15.5 million sold in the previous year. Honda’s worldwide motorcycle sales increased in each of the previous seven quarters going from 3.8 million in the Q2 last year to 4.5 million in the most recently completed quarter.