Thread: Honda Nigeria
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#1 Honda Nigeria10-01-2011, 11:57 AM
Honda Nigeria announced a 125cc standard called an ACE CB125. Honda Manufacturing (Nigeria) Ltd. has an annual production capacity of 150,000 units. The company is seventy five percent capitalized by Honda.
The sales goal is 100,000 unit annually, the estimated retail price will be $650.00 or 100,000 naira.
The model is part of Honda’s affordable line, marketed for emerging markets. Honda Nigeria is developing as can be seen on the representative web site.
Established in 1979 Honda Nigeria began production in 1980.
The intention is to increase production and expand the offering to other African Nations.
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