Honda's cheapest bike 'Dream Neo' launched at Rs 43,150

Honda's cheapest bike 'Dream Neo' launched at Rs 43,150



Honda on Wednesday, 17th April launched a new motorcycle 'Dream Neo' in India's volume-driven commuter segment, priced at Rs 43,150, making it the company's cheapest two-wheeler in the country.

The company's wholly-owned subsidiary Honda Motorcycle & Scooter India's (HMSI) 110cc scooter 'Dio' was its lowest cost two-wheeler so far in the country at Rs 44,718.

"Dream Neo is Honda's next big leap towards creating deep inroads into the Indian commuter segment," HMSI President and CEO Keita Muramatsu told reporters here.

On the back of its new products and network expansion, HMSI aims to grow over 150 per cent in 100-110 cc motorcycle segment, he added.


The Dream Neo is priced at an aggressive Rs 43,150 (ex-showroom, Delhi). The Hero Splendor family has three models with an engine capacity of 97.2 cc – Splendor+, Splendor NXG and Splendor Pro - priced between Rs 42,250 and Rs 47,150.

Super Splendor tagged upwards of Rs 50,650 is trapped with a 125 cc engine. On an annual basis, Hero sells an average of over two million units of the four products in the Splendor family.


"Overall, we are confident of customer demand for Honda two-wheelers and eye 43 per cent growth with 39.3 lakh unit sales in FY'14," Muramatsu said.