HMSI launches BS VI-compliant SP 125 bike

New Delhi: Honda Motorcycle and Scooter India (HMSI) on Thursday launched a new BS VI-compliant bike SP 125 with price starting at Rs 72,900 (ex-showroom Delhi).

The new bike replaces the company's 125cc model CB Shine SP. The Japanese two-wheeler major would, however, continue to sell BS IV CB Shine in the market.

Commenting on the launch, HMSI President, CEO and Managing Director Minoru Kato said the new model would raise the bar for technology, style and performance in the 125cc motorcycle segment.

The new model is around 11 per cent costlier than the outgoing model and, as per the company, delivers 16 per cent better fuel efficiency.

HMSI Senior Vice President, Sales and Marketing, Yadvinder Singh Guleria said the company has a market share of 39 per cent in the 125cc bike category.

The company has already sold 80 lakh 125 cc units in the market till date, he added.