New Delhi, May 28: Hero Honda Motors has launched the Splendor NXG — a 100 cc motorcycle — to take on Bajaj Auto in the deluxe segment.

Hero Honda aims to launch bikes in Rs 12,500-15,000 rangeWorld’s largest two wheeler manufacturer Hero Honda is facing intense competition in the domestic market from rivals including Bajaj Auto.The company has now announced their plans to build a motorcycle that will sell for Rs 12,500-15,000.

Hero Honda is being egged on by the government's "unannounced concessions" in its 10-year vision statement, the Automotive Mission Plan, which envisages the development of low-cost vehicles.

Country's largest two-wheeler maker - Hero Honda Motors Ltd - is changing gears when it comes to style.

DELUXE MODEL: Mr Brijmohan Lall, Chairman, Hero Honda Motors, and Mr Pawan Munjal, Chief Executive Officer and Managing Director, HHML, at the launch of `Splendor NXG' in the Capital on Monday.

The price cuts and discounts are gone. Rising costs of materials like nickel, steel and rubber have forced Hero Honda to change its line in the new fiscal.

Hero Honda Motors, the country's biggest motorcycle maker, today exuded confidence of keeping its over 50 per cent market share in the Indian two-wheeler segment this year and said it would continue to focus on the 100 cc bikes which remained its primary volume driver.

Hero Honda Motors, the country's biggest motorcycle maker, today exuded confidence of keeping its over 50% market share in the Indian two-wheeler segment this year and said it would continue to focus on 100cc bikes which remained its primary volume driver.

Hero Honda launches Splendor NXGHero Honda continues to expand their range of 100cc motorcycles in the Indian market by launching YET another variant of their hugely popular Splendor motorcycle.The world’s largest two wheeler manufacturer has now launched ‘Splendor NXG’ in the deluxe segment as they aim to consolidate their lead in the Indian market.Hero Honda [...]

New Delhi, May 28: Hero Honda, the country's largest motorcycle maker, today rolled out a new bike 'Splendor NXG' in the deluxe segment as it seeks to consolidate its market share in India.