Moto Honda da Amazonia Ltda.(HDA), a Honda subsidiary in Brazil responsible for production and sales of motorcycles and power products, today announced it will begin sales in Brazil of the flex fuelCG150 TITAN MIX in mid-March 2009. This small-sized motorcycle is equipped with a Mix Fuel Injection System, a flexible-fuel technology developed independently by Honda. This is the first motorcycle in the world to be equipped with flexible-fuel technology. The starting price is 6,340 real, and the company is planning to sell 200,000 units annually.
With adoption of newly developed fuel supply and fuel injection control systems, Honda's Mix Fuel Injection System enables flexible mixture of environmentally-responsible bio-ethanol and gasoline fuels. Adoption of this technology helps reduce CO2 emissions, while reducing fuel costs for consumers as well.
In Brazil, penetration of flexible-fuel technology is well advanced, and approximately 90% of new automobiles sold in Brazil are equipped with flexible-fuel technology. However, CG150 TITAN MIX will be the first motorcycle model to be equipped with flexible-fuel technology. Industry-wide new motorcycle registrations in Brazil reached approximately 1.91 million units in 2008, and Honda sales accounted for 1.326 million units of the total.
CG150 TITAN MIX ESD
About Moto Honda da Amazonia Ltda.
|Location||:Manaus, Amazonas, Brazil|
|Capital Investment||:557.747 million Brazilian Real (as of the end of June 2008)|
|Investment Ratio||:100% Honda South America Ltda.|
|Representative||:Sho Minekawa, President|
|Business||:Production, import, and sales of motorcycles and power products|
|Employment||:Approximately 10,000 associates (as of the end of December 2008)|
|Major Products||:CG150 TITAN, CG125 FAN, Biz125, NXR150 BROS, POP, HORNET etc.