Page 3 - Two-wheeler Market

Honda Motor launches new version of Gold Wing Tour for Rs 39.2 lakh

Honda Motorcycle & Scooter India (HMSI) on Tuesday said it has launched the new version of superbike Gold Wing Tour in the country, priced at Rs 39.2 lakh (ex-showroom). The 2022 Gold Wing Tour comes as a completely built-up from Japan, and features dual clutch transmission (DCT) with an airbag. "Over the years, Gold Wing has strengthened its reputation as a technological flagship from Honda. Raising the level of touring experience by several notches, we turn a new chapter in redefining luxury on two-wheels with the 2022 Gold Wing Tour DCT model with Airbag in India," HMSI Managing Director, President & CEO Atsushi Ogata said in a statement. The bike comes with a 1,833 cc liquid-cooled engine and features like idling stop system, hill start assist among others. "Gold Wing Tour offers a tailored riding experience as it offers the right mix of presets coupled with rider inputs for touring across different road conditions," HMSI Director Sales & Marketing Yadvinder Singh ...

Two-wheeler demand remains weak as compared with last year: Icra

Demand for two-wheelers continues to be weak while that for passenger and commercial vehicles remains robust as compared with last year, a survey by ratings agency Icra has revealed.

Hero MotoCorp refutes report of false expense claims; terms it speculative

The company said officials from the Income Tax department visited its offices in the previous week, and it has provided all support and cooperation, necessary documents and data to the authorities

Royal Enfield launches Scram 411 at Rs 2.03 lakh onwards

The new bike is powered by a 411 cc, 4-stroke single-cylinder engine which has a maximum power of 24.3 bhp at 6,500 rpm and max torque of 32 Nm at 4,000-4,500 rpm

Hero MotoCorp shares decline over 4% after 29% drop in Feb sales

Two-wheeler market leader Hero MotoCorp had on Tuesday reported a 29 per cent decline in total wholesales at 3,58,254 units in February

Hero MotoCorp sales dip 29% in Feb to 358,254 units, but exports rise

Domestic sales were also down 31.57 per cent at 3,31,462 units last month compared to 4,84,433 units in February 2021

Royal Enfield sales dip 15% in February; domestic sales decline 20%

The company had reported sales of 69,659 units in the same month last year

TVS Motor sales drop 5% in Feb at 281,714 units; two-wheeler sales fall 11%

TVS had posted a total sales of 2,97,747 units in the same month last year, the company said in a statement

Hero Electric unveils new two-wheeler model, set to launch in next quarter

Hero Electric on Tuesday unveiled a new two-wheeler Hero Eddy for the domestic market. The electric scooter is easy to manoeuver product that strikes a perfect balance between technology and convenience to fulfil the need for short-distance commutes to next-door coffee shops, golf courses and gymnasium etc, the company said in a statement. Hero Eddy comes with features like find my bike, large boot space, follow me headlamps and reverse mode. The electric scooter comes in two colours - yellow and light blue -- and would not require any license or registration. Hero Electric plans to launch the product in the next quarter. We at Hero are thrilled to announce our upcoming product Hero Eddy that will have an overwhelming on-road presence, combining smart features and stylish looks. The scooter is designed keeping in mind individual's conscious efforts to contribute towards carbon-free future combined with a hassle-free ride experience," Hero Electric MD Naveen Munjal noted. The comp

Commodity surge to hit two-wheeler pack the hardest among autos

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

Two-wheeler sales volume to fall for third straight fiscal year: Crisil

'Three consecutive years of decline will take two-wheeler sale volumes back to the fiscal 2014 level and it may take 3-4 years to reclaim the peak sales volume of 2.11 crore seen in 2019'

Hero MotoCorp commences bookings for next lot of XPulse 200 4 Valve

The company has started accepting bookings for the second batch after the first lot was completely sold out

TMS Ep90: Two-wheelers, informal sector, markets, Fiscal Deficit

What has derailed India's two-wheeler growth story? What does the informal sector want from Budget? What will drive index heavyweight RIL's Q3 earnings? What is Fiscal Deficit? All answers here

CredR to invest $15 million to expand used two-wheeler business

Used two-wheeler buying and selling platform CredR on Wednesday said it will invest USD 15 million (around Rs 110 crore) in 2022-23 to expand its business. The Bengaluru-based firm plans to open 50 CredR showrooms for used two-wheelers in FY22-23 and over 100 showrooms by 2024, CredR said in a statement. Commenting on the company's plans, CredR CEO & Co-founder Sasidhar Nandigam said, "The pandemic was an unexpected boon to our business. The break in business allowed us to reposition and strategically plan the next few stages of our growth trajectory." He further said, "The post-Covid response has been so massive that we have decided to go all out with our expansion plans, keeping profitability and customer satisfaction as paramount objectives." The way forward is to keep building supply entryways into various cities, with refurbishment and showroom setups to follow, Nandigam said. CredR has already expanded operations in new markets -- Ahmedabad, Rajkot, Vadodara, Gurgaon and ...

Hero MotoCorp announces upward revision in prices, stock rises nearly 2%

The price revision will be up to Rs 2,000 and the exact quantum of increase will depend on the model and the market

TVS Motor launches Apache RTR 165 RP at Rs 1.45 lakh

The 164.9-cc motorcycle generates 19.2 PS power and will be limited to 200 units

BMW Motorrad India set to register over 100% growth in 2021

This year, BMW Motorrad India had a slew of new launches

Bounce launches Infinity E1 e-scooter at starting price of Rs 45,099

The scooter with battery and charger is priced at Rs 68,999 (Delhi Ex-showroom)

HMSI posts 35 pc decline in two-wheeler sales to 2,80,381 units for Nov

The Indian arm of the Japanese two-wheeler had sold a total 4,33,207 units, including exports, in November 2020, the company said

30K pre-orders in 14 days: Corbett creates a boom in tier 2, 3 markets

Ties up with TVS Group's Ki Mobility Solutions for after-market service