Piaggio India on Thursday launched a new range of superbikes, including Aprilia RS 660, Tuono 660, Aprilia RSV4, Tuono V4 as well as the iconic Moto Guzzi V85TT. The prices of the new superbikes start from Rs 13.09 lakh and go up to Rs 23.69 lakh, Piaggio India said in a release. Piaggio India, the maker of premium Vespa scooter, is a wholly-owned subsidiary of the Italian auto major Piaggio Group. The bikes will be available for customers across all its Motoplex dealerships pan-India, it said. "The newly-launched superbikes have attracted a massive following in India and all over the world. Keeping in mind the evolving lifestyle of the Indian consumer, we aim to offer them new riding experience," said Diego Graffi, Chairman and Managing Director, Piaggio India. The all-new 660-cc Aprilia RS 660 and Tuono 660 are priced at Rs 13.39 lakh and Rs 13,09 lakh, respectively, while the 1078-cc RSV4 carries a price tag of Rs 23.69 lakh. The 1077-cc Tuono V4 is priced at Rs 20.66 lakh and
Suzuki Motorcycle India Pvt Ltd (SMIPL) on Wednesday reported a 27 per cent increase in total sales at 73,463 units in August 2021. The company had sold 57,909 units in the same month last year, SMIPL said in a statement. Domestic sales in August were at 61,809 units while exports stood at 11,654 units, it added. Commenting on the sales performance, SMIPL Managing Director Satoshi Uchida said, "With the unlock phase, the two-wheeler industry is now marching towards normalcy while continuing to adhere to all the precautionary measures. As a result, the customer sentiments are improving day by day which is positive news for the industry.
Honda Cars India Ltd (HCIL) on Wednesday reported a 49 per cent increase in domestic sales at 11,177 units in August as compared with the same month last year. The company had sold 7,509 units in the domestic market in August 2020, HCIL said in a statement. Exports stood at 2,262 units last month as compared with 450 units in August 2020, it added. "Positive sales momentum and overall strong demand helped us to achieve good volumes with the onset of the festive season. The celebratory fervour which began with Onam in Southern India will extend to the rest of the markets as we move towards the peak of festivities," HCIL Senior Vice President and Director (Marketing & Sales) Rajesh Goel said. The company's best-seller model -- Amaze, which has been launched in its latest avatar last month, drove commendable sales volume with 6,591 units and reinforced its position as the most preferred family sedan in India, he added. While we are quite optimistic on the demand side going forward, .
Mahindra & Mahindra (M&M) on Wednesday reported a 17 per cent increase in domestic passenger vehicle sales at 15,973 units in August as compared to the same month last year. The company had sold 13,651 units in August 2020, M&M said in a statement. In the commercial vehicles segment, the company sold 11,432 vehicles in the domestic market last month, as against 15,606 units in the same month last year, a drop of 27 per cent. Exports increased to 3,180 units last month as against 1,169 units in the year-ago month. "Demand across our product portfolio continues to remain strong with Thar, XUV 300 and our recently launched Bolero Neo and our Bolero Pik-up range clocking in impressive booking numbers. Growth momentum in exports continued with sales of 3,180 vehicles, registering an increase of 172 per cent," M&M Chief Executive Officer Automotive Division Veejay Nakra said. Supply of semiconductors continues to be a global issue for the auto industry and has been a major ..
Tata Motors on Wednesday said its total domestic wholesales increased by 53 per cent to 54,190 units in August as compared to the same month last year. The company had sold 35,420 units in August 2020. The auto major said its passenger vehicle sales in the domestic market stood at 28,018 units in August, up 51 per cent as compared to 18,583 units in the same month last year. Commercial vehicle sales in the domestic market stood at 29,781 units, up 66 per cent from 17,889 units in August 2020, it added. The auto major noted that semiconductor shortage continues to impact the auto industry globally. The recent lockdowns in East Asia have worsened the supply situation and hence Tata Motors is forced to moderate production and offtake volumes in the coming months, it said. "The situation is fluid and we will continue to work to mitigate the impact of this and aim to meet our customer orders through an agile, multi-pronged approach including close engagement with our extended supply c
The country's largest carmaker Maruti Suzuki India Ltd (MSIL) on Wednesday reported a 5 per cent increase in total sales at 1,30,699 units in August 2021, amid electronic components shortage.
German carmaker Volkswagen on Tuesday said it will hike prices of hatchback Polo and mid-sized sedan Vento by up to 3 per cent from September 1.
Union Minister Nitin Gadkari on Tuesday said India will make it mandatory for auto manufacturers to offer vehicles running 100 per cent on bio-fuels in the next six months
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Commercial vehicle maker Ashok Leyland is looking to expand into African and Southeast Asian markets as part of strengthening its international presence, a senior company official said on Friday
Mahindra & Mahindra (M&M) on Tuesday said it is recalling 29,878 units of its pick up vehicles to replace faulty fluid pipe amid suspicion of improper assembly. The company has announced a proactive inspection and replacement of a fluid pipe in some of the pick up vehicles manufactured between January 2020 and February 2021 for suspicion of improper assembly, M&M said in a regulatory filing. The recall is limited to a batch of 29,878 vehicles and is keeping in line with the company's customer-centric approach, it added. "The inspection and subsequent rectification will be carried out free of cost for all customers, who will be individually contacted by the company. In an endeavour to ensure a hassle-free experience for its customers, the company is proactively carrying out this activity," the auto major said. The action is also in compliance with voluntary code on vehicle recall. Last month, the company announced undertaking a proactive inspection and replacement of diesel
Japanese automobile maker Suzuki Motor Corporation (SMC) on Thursday said it expects a 12.6 per cent decline in operating profit at 170 billion yen for this fiscal due to increase in raw material cost and R&D expenses, besides unclear outlook on the ongoing semiconductor shortage. Previously, the company did not issue any earnings guidance for the ongoing fiscal as it was "unable to rationally calculate the forecasts owing to the spread of the COVID-19 pandemic in the company's major market of India." "However, based on the latest situation and the trends in the company's operating results, we have determined the forecasts," SMC said in a statement. Accordingly, the company said it expects net sales to grow by 7 per cent year on year to 3,400 billion yen in the ongoing fiscal. SMC further said "as the outlook for semiconductor shortage is unclear, forecasts for the consolidated operating results" for the ongoing fiscal are "based on the assumption that the impact on plant ...
The company said it has enhanced the Next-Gen Honda Connect platform by introducing Honda Action on Google.
Kia Motors India was followed by MG Motor and Toyota Kirloskar Motor in the four-wheeler mass-market segment