Hero Honda Motors, maker of about half the motorcycles sold in India, said demand will grow slowly this year as the central bank raises interest rates to pare inflation. “In the second half, demand should start tapering off,” chief financial officer Ravi Sud said on Monday in an interview at his office in New [...]
TVS Wego, the first metal bodied scooter from the TVS Motor stable, expects to to sell 15,000 units a month once it completes its all India roll out, top company official said here today.
TVS expects to sell 1500 units a month in the next eight months in Kerala, J Sreenivasan, General Manager (Sales), South, told [...]
Iconic motorbike maker Harley-Davidson is revving up to go full throttle on India’s famously potholed roads.
The big-engine bike manufacturer has opened its first three dealerships and is planning to launch two more this year in the country of 1.2 billion people where motorcycles are far and away the most popular transport.
The Milwaukee-based firm, which has [...]
Superbikes are riding high — high up in the mountains. One in every ten super-premium bikes that cost anywhere between Rs 10 lakh and Rs 60 lakh is sold to the highlanders in the north and north-eastern parts of the country, surprising the bikemakers themselves.
“Much to our astonishment, 10% of superbikes have been bought by [...]
The country’s second largest two-wheeler maker Bajaj Auto today reported 68.39 per cent jump in its motorcycle sales at 2,82,808 units in June.
The company had sold 1,67,945 units in June last year, Bajaj Auto Ltd (BAL) said in a statement.
BAL’s exports went up 68.36 per cent to 1,14,024 units in June from 67,726 units in [...]
TVS Motor Co Ltd said on Thursday its June two-wheeler sales rose 36 percent from the same period a year earlier to 156,685 units. More
Courtesy:economictimes.indiatimes.com
Two-wheeler maker India Yamaha Motor today reported 32.32 per cent increase in its total sales in June at 28,155 units.
The company had sold 21,278 units in the same month last year, India Yamaha Motor said in a statement.
The domestic sales rose by 18.34 per cent to 21,157 units in June 2010 from 17,878 units in [...]
The country’s largest two-wheeler maker Hero Honda today reported a 16.60 percent jump in its sales in June at 4,26,454 units over 3,65,734 units it sold in the corresponding month last year.
This is the 18th consecutive time that the company has recorded sale of over 3 lakh units in a single month. More
Courtesy:economictimes.indiatimes.com
Two-wheeler maker Suzuki Motorcycle India today reported a 44.37 per cent jump in sales to 17,876 units in June, on the back of good response to its new products.
The company had sold 12,382 units in June 2009, Suzuki Motorcycle India said in a statement.
“As promised, we have delivered quality products as well as customer satisfaction [...]
Chennai-based TVS Motor Company says it has put its electric vehicles production plans on hold due to lukewarm response from the market.
The company has shelved plans to launch electric three-wheelers and stopped production of battery powered Scooty Teenz scooter.
“We have an electric three-wheeler, which we had planned to introduce but there is no market for [...]
Japanese two-wheeler major Suzuki on Monday launched its superbike GSX-R1000 at Rs 12.75 lakh (ex-showroom, Delhi) making it the costliest product from the company’s stable in the country.
Suzuki Motorcycle India, the wholly-owned subsidiary of the Japanese giant, doled out another superbike Bandit1250S worth Rs 8.5 lakh. It currently sells two more premium bikes — Hayabusa [...]
Japanese two-wheeler major Suzuki on Monday launched its superbike GSX-R1000 at Rs 12.75 lakh (ex-showroom, Delhi) making it the costliest product from the company’s stable in the country.
Suzuki Motorcycle India, the wholly-owned subsidiary of the Japanese giant, doled out another superbike Bandit1250S worth Rs 8.5 lakh. It currently sells two more premium bikes — Hayabusa [...]
Chennai-based TVS Motor Company today reported a 30.44 per cent increase in two-wheeler sales in May to 1,54,667 units on the back of good growth across all segments.
The company had sold 1,18,574 units in the corresponding month last year, TVS Motor Company said in a statement.
Motorcycle sales last month rose 26.94 per cent to 67,906 [...]
Two-wheeler maker Yamaha today said it aims to double sales in rural market within the next five years and plans to add about 1,000 outlets in sub-urban and remote areas of the country by 2014.
The wholly-owned Indian subsidiary of the Japanese giant Yamaha, which sold 2.2 lakh units in India in 2009, is also expecting [...]
Honda Motorcycle & Scooter India (HMSI), a part of Japanese automaker Honda Motor, said it will infuse Rs 500 crore into its second two-wheeler manufacturing unit coming up at Alwar, Rajasthan, in a year’s time.
“The second plant will have a capacity of 6 lakh units per annum and will be operational by the second [...]