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| 09 August, 2020, 02:37 AM IST | E-Paper
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    Two wheelers & three wheelers

    The traction in two-wheeler business is insufficient to pull it out of the woods

    Rajan Wadhera, president of Society of Indian Automobile Manufacturers (Siam), says: "The two-wheeler industry is seeing green shoots, especially in the rural market." There is a lot of pent up demand, say two-wheeler makers. Consumer sentiment is slowly looking up, say industry analysts.

    ET Global Townhall: India can be a challenger to China in global manufacturing, says Pawan Munjal

    Pawan Munjal, Chairman, Hero Motocorp in conversation with Nabeel A Khan, Editor, ET Auto on Business in the New World Order said that India has the inherent advantage of having a large domestic market and can evolve into becoming a manufacturing hub for the world. He was speaking at the ET Global Townhall. Economic Times has launched Global Townhall - A business leadership symposium that aims to bring together the world’s top business leaders. The virtual conclave will engage the most prominent faces from the business community to help shape the global, regional and local agenda for the post-Covid world. Watch

    Ratings agency ICRA expects two-wheeler sales to decline 16-18 per cent in FY21

    "However, despite moderation, the 2W OEMs will continue to have strong credit profiles characterised by healthy return on capital employed (ROCE) -- average ranging between 18-20 per cent -- and comfortable balance sheets with negligible debt and strong cash and liquid investments," the ratings agency said.

    India can be a challenger to China and emerge as manufacturing hub of the world: Pawan Munjal

    Munjal said India has the inherent advantage of having a large domestic market and can evolve into becoming a manufacturing hub for the world. “India can definitely become a challenger (to China). But right now, China has a long lead over us”, he said.

    Harley-Davidson scales down India operations, lays off workers amid outbreak

    American cult bike maker Harley-Davidson is downsizing its operations in India and understood to have laid off workers as business has slowed down in the wake of the coronavirus pandemic and outlook remains shaky. The company is slashing production at its assembly operations at Bawal in Haryana.

    Two-wheeler sales decline narrows in July, considerable improvement over June

    Five leading two-wheeler makers, namely Hero MotorCorp, Honda 2Wheelers, TVS Motor, Bajaj Auto and Royal Enfield cumulatively despatched over 1.2 million vehicles to their dealerships across the country in July. This meant a 23% growth in sales over the month of June, but a 13% decline over July 2019.

    Coronavirus impact: Bajaj Auto total sales drop 33 per cent to 2,55,832 units in July

    Domestic sales in July this year were at 1,58,976 units as against 2,05,470 units, down 23 per cent, Bajaj Auto said in a regulatory filing. Total motorcycle sales stood at 2,38,556 units, a decline of 26 per cent, as compared to 3,22,210 sold in July last year.

    Two-wheeler maker TVS Motor July sales decline 10 per cent to 2,52,744 units

    Total two-wheeler sales were at 2,43,788 units last month, as compared to 2,65,679 units in July 2019, down 8 per cent, while domestic two-wheeler sales were at 1,89,647 units in the period under review.

    Autocar Show: Hero Xtreme 160R First Ride review

    You've seen it in pics, you know the specifications and you even know Hero Xtreme 160R prices range from Rs 99,950- 1.03 lakh (ex-showroom). But how does it all come together? Rishabh Bhaskar brings you the full review of the much-awaited new Hero.

    Yamaha announces prices of its bikes - FZ 25, FZS 25 - for the Indian market

    Both the models were unveiled by the company on February 4, this year in the country. The BS VI FZ-25 and FZS-25 come with a 249-cc air cooled four stroke engine and also feature dual channel ABS.

    Two-wheeler sales on recovery path across domestic, export markets: Bajaj Auto

    Two-wheeler sales on recovery path across domestic, export markets: Bajaj Auto

    "We are seeing month-on-month improvement in sales. There was no sale in April while the decline was very large in May. June was significantly better than May and July is much better than June," Bajaj Auto CFO Soumen Ray told.

    HMSI crosses 11 lakh sales mark in domestic market for BS-VI compliant two wheelers

    HMSI crosses 11 lakh sales mark in domestic market for BS-VI compliant two wheelers

    The company said it had ended 2019-20 fiscal with sales of over 6.5 lakh units of BS-VI compliant two-wheelers. “It's a matter of great pride for us at Honda, that our 11 advanced BS-VI models have won the vote of confidence and created a new joy of riding among customers across India," HMSI Director - Sales and Marketing Yadvinder Singh Guleria said in a statement.

    Strong revival post lockdown gives two-wheeler makers hope to recover lost volumes

    Strong revival post lockdown gives two-wheeler makers hope to recover lost volumes

    Hero MotoCorp and Bajaj Auto are hopeful of recovering the sales lost during the lockdown in the rest of the fiscal year, as the country’s top two motorcycle makers are surprised by a quick bounce back in demand.

    Motorcycle sales may continue to outperform scooters in near term: Report

    Motorcycle sales may continue to outperform scooters in near term: Report

    Two-wheelers have demonstrated signs of a faster recovery than other industry sub-segments, as forecasted by Ind-Ra, on account of a continuous demand from the rural segment as well as two-wheeler being the most-affordable vehicle, favouring personal mobility, it said.

    Compensation for two-wheeler honchos outpace modest company earnings for FY-20

    Compensation for two-wheeler honchos outpace modest company earnings for FY-20

    While Venu Srinivasan of TVS Motor was an exception, as he took a pay cut, Pawan Munjal of Hero MotoCorp, Bajaj Auto’s Rajiv Bajaj and Siddhartha Lal of Eicher Motors, which owns Royal Enfield, took home higher salaries, as per the annual reports of the companies for fiscal 2020. The compensation includes basic salary, perquisites, allowances and commission.

    Hero MotoCorp strengthens leadership team to drive growth in emerging business climate

    Hero MotoCorp strengthens leadership team to drive growth in emerging business climate

    In the first phase of the journey to achieve its new vision to “Be the Future of Mobility”, Rajat Bhargava will assume the newly created role of Chief of Staff in the office of Chairman and CEO Dr. Pawan Munjal. Bhargava has so far been heading Strategy, Global Business and Emerging Mobility Business Unit (EMBU).

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