The Japanese automaker could unveil the CBR500 and CB500 to the public as early as next month. These bikes will be produced in Thailand and Honda could also manufacture them in India, thereby getting a huge price advantage over its competitors. The Honda CBR500 will be powered by a 500cc, twin-cylinder engine, which is essentially two CBR250R engines arranged in parallel format. The result would be a motorcycle which produces around 46 BHP of power and 40 Nm of torque. The bike uses a tubular frame (similar to the one on the CBR250R), single front disc brake and telescopic forks. All this points to only one thing. A very aggressive price. If Honda can price the CBR500 at around Rs. 3.75 lakhs in India, it will be game on against its closest competitor,