Honda CB350 sales are very encouraging for the company. The good thing is that it is getting all types of buyers from a vast section…
Honda has achieved the first milestone of its H’Ness CB350 after its launch. Within a short span of around 20 days, the company has delivered 1000 CB350s to customers. Honda is ecstatic at the response it has received and this is encouraging considering the fact that it has a very limited reach of BigWing showrooms which house the retro classic.
Honda has plans to significantly increase its premium dealership network which has been split into two. You can check more details on this here.
Another interesting pointer is that the company reveals that the customer base ranges from age groups of as early as 18 years all the way till 70 years. It includes many first timers apart from previous owners of other bikes.
Unveiled in September this year, CB350 was a surprise entry from Honda and a direct rival against the reign of Royal Enfield which single-handedly, has a market share of 90-95 percent till now. Priced at Rs 1.85 Lakh ex-showroom, CB350 has a lot of features that are not present in the segment’s largest seller – Classic 350. You can check them out here.
To facilitate sales, Honda is also offering best in segment interest rate of only 5.6 percent on retail finance apart from attractive EMI options of Rs 4999 only. More details.