Page 4 - Two Wheeler Market

Hero, Honda Motorcycle and Scooters festive period output lowest in 7 years

The duo account for close to 60% of the domestic two- wheeler market

Two-wheeler EV startup Ather Energy to go for IPO in 24 months

The company is targeting an annual revenue run rate of $3 billion in two years

Reduction in cost to push electric two-wheeler's market penetration

Reducing cost of electric vehicles (EV) as well as increase in subsidies along with the newer model are expected to increase electric two-wheeler's (e-2W) penetration

Yamaha drives in new 155 cc scooter Aerox 155, updated YZF-R15 range

India Yamaha Motor on Tuesday said it has launched an all-new 155 cc scooter model Aerox 155 in the country priced at Rs 1.29 lakh (ex-showroom Delhi).

TVS Motor Company launches new motorcycle 'TVS Raider' in 125cc segment

The new motorcycle will compete with the likes of Bajaj Pulsar 125 and Honda CB Shine SP

Piaggio India launches new superbikes; prices start from Rs 13.09 lakh

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's total sales up 27% in August at 73,463 units

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.

Royal Enfield launches all new Classic 350 tagged at Rs 1.84 lakh

Royal Enfield on Wednesday said it has launched an all new version of Classic 350 motorcycle in the country with price starting at Rs 1.84 lakh (ex-showroom Chennai). In 12 years and more than three million motorcycles later, the Classic has built a legacy of its own, and the new Classic 350 is all set to take this legacy ahead, the company, which is a part of Eicher Motors, noted. "The Classic 350 launched in 2008, was a modern and capable motorcycle that symbolized the timeless post-war styling from the heydays of the British motorcycle industry. "Its captivating design language and simplicity coupled with dependability, catapulted the Classic to global popularity, and it went on to redefine the middleweight (250-750cc) motorcycle segment," Eicher Motors MD Siddhartha Lal said. The company so far has been consistent in its pursuit to build timeless, classic, beautiful motorcycles that are great fun to ride, and the new Classic 350 does just that, he added. "Built ground-up, on o

Indian Motorcycle expects to garner 25-30% share in India's premium segment

Indian Motorcycle is seeking to replicate the growth in India which it has witnessed in other global markets, and expects to garner 25-30 per cent market share in the premium motorcycle segment

HMSI drives in all new bike CB200X, tagged at Rs 1.44 lakh

Honda Motorcycle and Scooter India (HMSI) on Thursday launched an all-new model CB200X in the country, tagged at Rs 1.44 lakh (ex-showroom Gurugram). The new model is a carefully crafted machine for everyday usage as much as it is for exploring the roads less travelled, the two-wheeler major said. "Keeping in mind the evolving lifestyle of the Indian youth, the urban explorer - CB200X gives today's youngsters a riding experience that pushes them to explore more. Built to excite riders, CB200X offers a perfect riding companion for their daily city rides and short weekend getaways beyond the cityscapes," HMSI Managing Director, President & CEO Atsushi Ogata said. The bike comes powered by a Bharat Stage-VI compliant advanced 184 cc engine. Other features include an all-LED lighting setup, fully digital liquid crystal meter, and split seat, among others. HMSI Director, Sales & Marketing, Yadvinder Singh Guleria said the CB200X is a classic urban explorer at heart developed for ...

Ola Electric to ride into two-wheeler market with scooter launch on Aug 15

Ola to share full specs and details of the electric scooter and the availability dates on the launch day

Two-wheeler maker Hero MotoCorp commences retail operations in Mexico

Hero MotoCorp has established presence in various global markets over the last few years.

Harley Davidson's turnaround plan gains traction, shows signs of progress

The 118-year-old American brand, which has been steadily losing U.S. market share amid declining retail sales for six years, has shifted focus back to big bikes

Okaya Group's EV division forays into electric two-wheeler business

Energy storage solutions provider Okaya Group's EV arm on Monday announced its entry into the electric two-wheeler business with the launch of a range of vehicles. Besides, the company -- which already has set up a two-wheeler manufacturing plant in Baddi (HP) and plans to start another facility in Haryana -- also announced three more plants to be launched in Neemrana (Rajasthan) by 2023-25, a release said. Launched in two variants, AvionIQ series and ClassIQ series, the Okaya EV two-wheelers are equipped with all the required technologies to manage the increasing volatility of Indian power conditions, it added. With prices ranging from Rs 39,999 to Rs 60,000, the e-two-wheelers are available all across the country, the release said. Combined with two state-of-the-art R&D centres exclusively for EVs in India and one overseas, Okaya EV is uniquely placed to bring out e-2 wheelers and bikes of the future. Further, to ensure seamless supply of these vehicles, we aim to open showrooms

Piaggio Vehicles reopens its two-wheeler dealerships across India

Piaggio Vehicles on Thursday announced the reopening of its two-wheeler dealerships across India, which had shut operations due to a massive increase in the coronavirus infection cases between April and mid-May across the country. The decision to reopen the dealerships comes following the announcement of the lockdown opening guidelines from authorities, Piaggio Vehicles Pvt Ltd (PVPL) said in a release. PVPL is a wholly-owned subsidiary of the Italian auto major Piaggio Group. Its India product portfolio comprises iconic Vespa, and Aprilia scooters besides small commercial vehicles. We have been working together with our dealers in navigating through the second wave of COVID-19. Also keeping in mind the possible anxiety of our customers during the lockdowns we have announced an extension of original equipment warranty and free service that expires during lockdown period, said Diego Graffi, Chairman and Managing Director, Piaggio India. The Piaggio dealerships have now geared up to

Hero MotoCorp gains 3% on resumption of production at all facilities

A healthy monsoon and harvest season along with a rebound in GDP should aid the industry's recovery from Q2 onwards, Hero MotoCorp management said

Hero MotoCorp reports 35% slump in sales in April compared to prior month

The country's top two-wheeler maker Hero MotoCorp on Saturday said it has sold 3,72,285 units last month, down by 35 per cent from 5,76,957 units dispatched in March this year. The company said sales in April were subdued due to the temporary closure of plant operations and the retail outlets across several key territories in India on account of the impact of the second wave of COVID-19. The sales numbers of April 2021 were not comparable with the corresponding month of the previous year (April 2020), since no vehicles were manufactured and dispatched to dealers due to the nationwide lockdown after the outbreak of COVID-19, it added. The two-wheeler major further noted that in keeping with its commitment to the safety and welfare of its people and to break the chain of the spread of coronavirus, it has decided to extend the shutdown at its manufacturing facilities across India, its Global Parts Center (GPC) in Neemrana and the R&D facility the Centre of Innovation and Technology .

Strong order book to make FY22 a record year for exports: Bajaj Auto

Q4 earnings got a boost from higher realisation of exports and larger contribution of pricier models in overall sales

Despite tailwinds, margins to remain under pressure for Bajaj Auto

Rising exports, price hike, improving mix not enough to offset costs

Covid-19 impact: HMSI to temporarily shut 4 production plants from May 1

Honda Motorcycle & Scooter India (HMSI) on Thursday said it will temporarily shut its four manufacturing plants across the country for 15 days with effect from May 1, in view of the severe situation on account of COVID-19 second wave and subsequent multiple lockdowns across various cities. The two-wheeler major said it will utilise the production halt from May 1 to May 15, for its annual plant maintenance activities. "Depending upon the evolving COVID situation and the market recovery, the company shall be reviewing its production plan in the subsequent months," HMSI said in a statement. During the period, all Honda office associates will continue to work-from-home to maintain business continuity while extending all possible support to customers and business partners, it added. Only the essential staff will be working at all company plants and various offices across the country, the two-wheeler maker noted. HMSI has production facilities at Manesar in Haryana, Tapukara in ...