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New Honda product introduced

Monday, 22 February 2010 - 9:58 AM SL Time
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There is much potential and a good market for the motorcycles in the Northern and Eastern provinces. During the last month there has been a growth of 300 percent in the motorcycle sales compared to the corresponding year s January growth.

The company expects a growth of 25 percent in the motorcycle segment this year, Stafford Motor Company Ltd., Managing Director/CEO, Dr. Kalinga Kaluperuma told Daily News Business.

He said Sri Lanka is setting a new benchmark in the 125-cylinder capacity which recorded 41 percent growth by December last year.

The main reason for this is that the 125cc motorbikes caters to all types of customers like self-employed and the mercantile executive, and compared to the duties of a four-wheel vehicle, the motorbike duties are much lesser.

The motorcycle industry showed a growing trend from end last year and we see a progress in the motorcycle sales.

Therefore, the company foresaw the high demand and opportunity in the motorbike market and that was one of the reasons to unveil its new foray into the mass segment Honda Shine, Dr. Kaluperuma said.

The Honda Shine 125cc was launched at the Excel World on Friday.

The motorcycle does not have asbestos in its engine. The Honda Motorcycle and Scooter India (Pvt) Ltd., (HMSI) is particular about the emissions and the company will introduce the Euro IV emission standard by March, which the HMSI is currently applying the Euro III.

Dr. Kaluperuma said due to the high taxation of vehicle imports the company had a loss of Rs 9 million last year.

The company is optimistic about this year. If the vehicle imports duties are reduced we could also expect a higher growth in the four-wheel segment, he said.

Stafford Motor Company, is the sole distributor for Honda products in Sri Lanka.


Source(s)
• Daily News

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Buwa
Joined: Jun 2005
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LK Information  22 Feb 2010 19:28:19 GMT  Report for Abuse  
Honda Hondama way ya lowa kisima thenaka nea no honda naraka dinu way
kiwikanga
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LK Information  22 Feb 2010 21:02:42 GMT  Report for Abuse  
The Honda CG125 and CM125 were two of the best bikes in the 125cc category.
MoneyTalks
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LK Information  23 Feb 2010 00:19:35 GMT  Report for Abuse  
Country is returning to the Normalcy, and this is the time to work hard.......

To elevate the National Pride, we need to produce our own engine (Perhaps a kerosene powered (Mobile).

Let it be a good one or let it be a bad one.... But, it will be ours. We will authorize you to name it in any which way you want (You will be remebered in the same way, as Wimalasurendra Balagaraya. When compares to the other engineering fields and application of them on the mass benefit, Sri Lankan Mech. Grads have done nothing for the Country. These are the laziest type, and their involvement in the infra structure development of Sri Lanka in minimum. What a lazy bunch of people, are they ?

Why they cannot design atleast a Kerosene Engine (Name it as a PeraKatu)? Are they got Kerosene in the brain (as desmond sings)?

Why those Katubeddians cannot request government to give some access to Ceylon Steel to cast some damn detals to start the project ?

If we can make a Cheaper engine, which can be used with Kerosene, that will help our local farmers.

Design a small engine and sell it through the government. Mech. Katubeddians and Lazy Peras should show their colours to the Nation at this time.

Make a Fun Project Boyzzzzz and Girlzzzzz........

Edited By - MoneyTalks - 23 Feb 2010 00:35:00 GMT
kiora
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LK Information  23 Feb 2010 02:14:07 GMT  Report for Abuse  
Kenya overtakes Sri Lank as the No.1 Tea export more lies from King Percy's detractors. By the way more

More Honda sales = More customer's to hospitals.
MoneyTalks
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LK Information  23 Feb 2010 02:23:17 GMT  Report for Abuse  
LankaPride,

Bro, I like your attitude. Yes, we have to encourage them (But, advice Dr. Mervin not to send any goons there).

Thanks , Bro!
MoneyTalks
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LK Information  23 Feb 2010 02:25:56 GMT  Report for Abuse  
Kiora,

It makes no sense. Who is this king Percy, and why he is involved in Tea Buisness /
Kenya overtakes Sri Lank as the No.1 Tea export more lies from King Percy's detractors. By the way more


So, are you happy with Kenya or what ?
kiora
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LK Information  23 Feb 2010 03:02:07 GMT  Report for Abuse  
His Majesty HRH Percy Mahendra Rajaapksa aka Mahinda Rajapaksa.Brother of George Gotabya Rajapksa.
MoneyTalks
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LK Information  23 Feb 2010 03:02:10 GMT  Report for Abuse  
Yes, I agree with Dr. Mervin, but, it will definitely bring a self confidence to the Nation.
Every strong country has it's own make : France - Peugeot / Germany - Dr. Mervin knows / Sweden - Volvo / USA the other inventor / Italy - Fiat etc.

Why we should not have atleast our own Kerosene Engine ?
LP, ask Dr. Mervin, why we should not have that as a Nation's Pride ????????
MoneyTalks
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LK Information  23 Feb 2010 03:04:10 GMT  Report for Abuse  
Kiora,
Thank you for the information.

So, what is the problem with tea Buisness ?
Did he start to take bribes from that as well ?

Please explain.

Edited By - MoneyTalks - 23 Feb 2010 03:06:13 GMT
MoneyTalks
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LK Information  23 Feb 2010 05:37:55 GMT  Report for Abuse  
Kiora,

Where are you...?
I am waited so long for your reply. Time to go....
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