Honda unveils new motorcycle

Oct. 9, 2024 - Punch Newspapers

A Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and other machines, Honda, has launched a motorcycle, tagged ACE 150, built for rugged rural runnings, especially for farmers. The new motorcycle brand was unveiled on Monday at the Honda factory on Idiroko Road, Ota, Ogun State, before wholesalers and the public.

This is because the policy of the government for local content, especially in the motorcycle industry, has only been lip service. “For Honda, if we have to enter into the local content sourcing, the product will be much more expensive.

So, we need economic upscale before we can venture into local content sourcing and this has not been guaranteed...