Honda revises 2009 sales forecast of motorbikes to 1.47m following signs of economic recovery

AP Honda, the Thai motorcycle unit of Japan’s Honda said in a statement that it revised up the size of the domestic motorcycle market to 1.47 million units, citing the recovering economy as a main reason for higher sales growth. The company also launched its latest model ‘Scoopy I’ with a retro design to compete head on with Yamaha’s Fino and Suzuki’s Gelato. The ‘Scoopy I’ retail price was Bt1,200 cheaper than Yamaha’s Fino. The company also targeted annual sales of 150,000 units for the new scooter.