<div>Honda Motorcycle & Scooter India (HMSI) today expanded its entry-level bike range by launching 110cc bike Livo priced up to Rs 55,489 (ex-showroom Delhi).<br /><br />The company at present sells three Dream series models in the 110cc segment including Dream Yuga.<br /><br />"Livo is the curtain raiser of Honda's aggressive pace of new and exciting motorcycle model line up for India," HMSI President and CEO Keita Muramatsu told reporters here.<br /><br />The company will deliver on the promise of 15 new products in India this year, he added.<br />HMSI plans to target youth, comprising students, executives and young entrepreneurs with the 110cc Livo.<br /><br />"Livo is developed keeping in mind the very start of motorcycling -- that's the 100-110cc displacement segment -- which is often the first bike of majority of people in India," HMSI Senior Vice President Sales & Marketing, Y S Guleria said.<br /><br />The bike would be available in two variants priced at Rs 52,989 and Rs 55, 489 (ex-showroom Delhi).<br /><br />HMSI' s market share in the 100-110cc segment stands at around 6 per cent. The company's market share in the overall bike segment stands at 14 per cent.<br /><br />The company, however, remains leader in the scooter segment with around 59 per cent market share.<br /><br />Meanwhile, the company has stopped manufacturing its CB Twister model, Guleria said. "We won't be manufacturing CB Twister anymore," he added.</div>
<div>Honda Motorcycle & Scooter India (HMSI) today expanded its entry-level bike range by launching 110cc bike Livo priced up to Rs 55,489 (ex-showroom Delhi).<br /><br />The company at present sells three Dream series models in the 110cc segment including Dream Yuga.<br /><br />"Livo is the curtain raiser of Honda's aggressive pace of new and exciting motorcycle model line up for India," HMSI President and CEO Keita Muramatsu told reporters here.<br /><br />The company will deliver on the promise of 15 new products in India this year, he added.<br />HMSI plans to target youth, comprising students, executives and young entrepreneurs with the 110cc Livo.<br /><br />"Livo is developed keeping in mind the very start of motorcycling -- that's the 100-110cc displacement segment -- which is often the first bike of majority of people in India," HMSI Senior Vice President Sales & Marketing, Y S Guleria said.<br /><br />The bike would be available in two variants priced at Rs 52,989 and Rs 55, 489 (ex-showroom Delhi).<br /><br />HMSI' s market share in the 100-110cc segment stands at around 6 per cent. The company's market share in the overall bike segment stands at 14 per cent.<br /><br />The company, however, remains leader in the scooter segment with around 59 per cent market share.<br /><br />Meanwhile, the company has stopped manufacturing its CB Twister model, Guleria said. "We won't be manufacturing CB Twister anymore," he added.</div>