An assembly plant in Thailand is likely to go on stream in the next six months, while the company is exploring a facility for the Latin American market. The idea is to bring the cost down in countries where the import tariffs are high. It is looking at partners who could share the investment and offer local expertise in such markets.
TVS Motor Company on Monday reported 16.64% decline in total sales in November at 2,66,582 units. The company, which primarily makes two-wheelers and three-wheelers, had sold 3,19,965 units in the same month last year. Total two-wheeler sales during the month stood at 2,49,350 units as against 3,07,142 units in November 2018, down 18.81%.
Suzuki Motorcycle India Pvt Ltd (SMIPL) on Monday reported 23.39 per cent increase in total sales at 69,755 units in November. The company had sold 56,531 units sold in November last year, SMIPL said in a statement. Domestic sales during the month stood at 60,855 units as compared to 53,058 units sold in November 2018, a growth of 14.69 per cent.
The company had sold 4,06,930 units in the same month a year-ago. Domestic sales in November this year were at 2,07,775 units as against 2,34,818 units, showing a decline of 11.5 per cent, Bajaj Auto said in a filing to BSE. Total motorcycle sales stood at 3,43,446 units, a marginal decline of 0.8 per cent, as compared to 3,46,544 units sold in November last year.
Before the Imperiale 400 came along, the Leoncino 250 was the entry point to the Benelli range in India. It promises all the scrambler cool of its bigger sibling, the Leoncino 500, at a far more affordable price. But should you buy one? Autocar India's Firoze Irani tells you.
The interim council, comprising three key members of the leadership team at Hero MotoCorp, will be operational from December 13 to guide the SAS team to upgrade company's entire inventory to BS-VI before the deadline of March 31, 2020, sources said. Hero MotoCorp has also scaled up production of BS-VI units.
As the sales pickup for Royal Enfield, CEO Vinod Dasari says that lack of new products and the economic downturn led to a drop in sales. The October turnaround came after sales declined in double digits this year. Dasari said the brand would get back to double-digit growth led by sustained product action and increasing reach, both locally and internationally.
Japanese automaker Suzuki Motor’s two-wheeler unit may start testing its electric scooter on the streets of India as soon as next year, but will likely wait for infrastructure to develop before marketing the product.
The Benelli Imperiale 400 ventures into a segment where buying decisions are largely influenced by sentiments, aspirations and prestige, followed by the price tag. Rishab Bhaskar find out if it has what it takes to appeal to a typical modern-classic motorcycle buyer.
The company will further announce the launch of other BS-VI compliant line-ups in coming time, IYM said in a statement. The new FZ-FI and FZS-FI BS VI versions come with various features like single channel ABS in the front wheel, front and rear disc brakes along with a single piece two level seat.
Hero MotoCorp has set a target of selling one million units overseas annually in the next three to four years, Rajat Bhargava, head of global business for Hero MotoCorp, told ET. With a projection of increasing total annual sales to 10 million units during the same period, the company expects overseas sales to contribute 10% to its revenue from 3% at present.
The company, which is present in India through a wholly-owned subsidiary Honda Motorcycle and Scooter India (HMSI), is planning to give a boost to its premium motorcycle business Honda BigWing by producing such motorcycles in the country.
The Low Rider will be powered by the Milwaukee Eight 107 engine, which displaces 1746cc and generates 149Nm at 3000rpm. Power is delivered via six-speed gearbox and belt drive. The current Low Rider is quite an improvement over the model it replaces; the frame is 34 per cent stiffer, and overall weight has been reduced by 14.5kg. If you don't want to go for the full-fat, full-size Fat Boy, the Low Rider will do just as well but will be easier on the pocket and in traffic.
Superbikes are available in mint condition for half the price of the new one, this Diwali. Several superbike owners do not keep their motorcycles for more than one or two years. Almost all major global brands now sell their international bestsellers in India.