Honda Motorcycle News
The all-new, low-priced 2012 Honda Ace CB125 and Ace CB125-D will now be available in Nigeria, the Honda Manufacturing Nigeria LTD reported Thursday.
The two 125cc models were designed as part of Honda’s strategy to target the small-sized motorcycle market, which demands ease of use, fuel economy, performance, durability and low price point.
The Japanese motorcycle marquee has plans to sell 100,000 Ace CB 125 (standard) and Ace CB125-D (sporty model) motorcycles, at about 50,000 Yen ($653…yes, correct exchange rate).
Honda says “Designed for use as a ‘bike taxi, which is popular as an inexpensive and convenient means of mobility for people in Nigeria, Ace CB125 achieved a low-price, high-durability and excellent practicality as well as enhanced comfort and load capacity by adopting a long seat. The Ace CB125-D, which was designed for a wide range of customers other than bike taxis, features a stylish and innovative design.”
Honda expects to spread this low-priced motorcycle strategy across Africa, where the motorcycle market is expected to grow in the future.
About Honda Manufacturing (Nigeria) Ltd.
- Establishment : July 1979
- Start of Production : November 1980
- Production capacity : 150,000 units/year
- Capitalization : 76.3% Honda Motor Co., Ltd.
- Representative : Toshio Kuwana, President
- Location : Ota, Ogun, Nigeria