Honda Motorcycle & Scooter India on Friday said it is recalling around 2,000 CB300R bike units due to a manufacturing fault in the right crankcase cover of the engine. The voluntary recall covers the 2022 model of the CB300R. The company has identified that due to an inappropriate manufacturing process of the right crankcase cover of the engine, there are chances of sealing plug dislodging due to low retention force caused by engine heat, Honda Motorcycle & Scooter India said in a statement. This could further cause the sealing plug to come off and engine oil to splash out, it added. In the worst situation, the oil adhering to hot motorcycle parts may cause fire, its contact with tyres may cause slippage or it may injure the rider due to its hot temperature, the company stated. "As a precautionary measure, the replacement of affected parts will be carried out at BigWing dealerships across India starting from April 15, 2023. The replacement will be done free of cost ...
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Revolt Motors on Thursday witnessed another round of massive electrifying sales with its e-bikes sold out within minutes of opening online sales, RattanIndia-backed EV maker said on Thursday. The company had earlier re-opened sales on June 18 but was forced to put brakes on the process within two hours of the resumption due to heavy rush. This time, the bookings were closed out within minutes of launching sales on the Revolt website, the company said in a statement. Revolt Motors claimed that these sales came against the backdrop of petrol prices reaching over Rs 100 in several cities. It added that with running cost of Revolt electric bikes being Rs 9 per 100 km compared to petrol bikes which cost Rs 250 per 100 km, the cost saving for its RV400 bikes is hard to miss. Besides RV 400 model, the Gurugram-based electric vehicles maker also manufactures and sells RV 300 model of motorcycle. According to Revolt Motors, with falling battery prices, EV bikes prices are already comparabl
Niche bike maker Royal Enfield may look at hiking prices from April in view of rising commodity prices, a top company official said on Wednesday. The company, which is a part of Eicher Motors, has already increased prices by multiple times over the last six months. "Commodity prices have gone up, we have tried to offset it by multiple things including price hikes in the last few months. We will probably be increasing prices again in April like everyone else in the industry," Royal Enfield CEO Vinod K Dasari told reporters. When asked about the quantum of the price hike, Dasari said it would be in single digit (percentage terms). Elaborating on the company's export plans, Eicher Managing Director Siddhartha Lal said the company aims to be the number one player in the mid-sized motorcycle segment globally. "We want to be present across all relevant markets across the globe. Our aim is to be number one player in the mid size bike segment in the next decade," he noted. Lal said the .
However, overall sales for nine months to December drop 24%
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Industry feels foreign players will want to gain some volumes in India before developing local vendor base