Honda Motor Company on Wednesday said it will launch a motorcycle in the volume segment by October this year through its wholly-owned subsidiary Honda Motorcycle and Scooters India.
"We have decided to launch a motorcycle by October this year," HMC's managing director and chief operating officer (Asia-Oceania) S Toshida told a news conference in New Delhi.
HMSI, which holds 26 per cent in Hero Honda Motors along with Munjals-promoted Hero Group, will launch the motorcycle in the 100-150 cc segment.
The HMSI products will directly compete with Hero Honda Motors.
Honda Motor Company today also renewed its technical collaboration agreement with Hero Honda Motors for 10 years.