Two-wheeler Sector

Among passenger vehicles, Maruti Suzuki saw a 0.8% decline in domestic sales, while Tata Motors reported a 4.1% jump in sales

As the electric vehicle (EV) adoption grows in India, the electric two-wheeler sales volume in the country is likely to reach 22 million by 2030, a report showed on Wednesday

Nitin Gadkari says people opting for scrapping should get a discount on new vehicles

Shares of TVS Motor and Eicher Motors have rallied up to 20 per cent each in the last one month as against a 6 per cent rise on the Sensex.

The company intends to buy back 5.43 million shares, aggregating up to 1.88 per cent of its paid-up share capital via the open market at Rs 4,600 per share.

Electric two-wheeler maker Ather Energy on Wednesday said it has joined hands with Bharat FIH, a Foxconn Technology Group company, to develop and manufacture key components for the former's scooters.

Price hikes to pass on the costs will be difficult amid falling volumes

Centuries of colonisation had sapped the Indian economy of its riches and cars were not an option. Scooters were.

The increase came on back of last year's low base

"The financial strength of the company augurs well and will help it successfully navigate itself into the future despite these trying times," said Chairman Pawan Kant Munjal

Companies like BMW, Hyundai, Volvo and Peugeot have successfully deployed almost contactless online sales globally

Mahindra said they entered the two-wheeler market with the confidence to "win"

In USA, the Benelli Leoncino 500 costs Rs 6.3 lakh. However, we expect the Benelli Leoncino 500's India price to be lower, around Rs 4.5 lakh

After posting growth of 22% in previous quarter, volumes have been lower

Recovery in markets such as Africa and Latin America has helped two-wheeler manufacturers crank up their exports from India, industry observers said

Manufacturers are also facing cost headwinds fan from increase in commodity prices prompting some of them to announce price hikes

Indian two-wheeler majors Hero MotoCorp and Bajaj Auto are the biggest beneficiaries of this surge and, between the two, they are estimated to control about half of the local market there

Two-wheeler major looks to enter growth category by bringing in right product from global portfolio