Page 5 - Two Wheeler Market

TVS Motor Company rallies 15% on better-than-expected Q4 show

The company on Tuesday posted a nearly four-fold increase in its consolidated net profit to Rs 319.19 crore for the fourth quarter of FY21, riding on the back of robust sales in the domestic and inter

TVS Motor domestic two-wheeler sales double to over 200,000 units in March

Firm posts healthy rise in sales across categories; posts robust export show as well

Launch of new Royal Enfield may help Eicher to grow: Analysts

The popular motorbike is expected to beat peers in the domestic market in FY22

Rev up the e-bike to save big on costs and do your bit for the environment

The future of EVs in India may ride on two-wheelers, which are getting electrified much faster than cars. These vehicles help you save nearly 40% on TCO or total cost of ownership

Bajaj Auto launches Platina 110 priced at Rs 65,920

Bajaj Auto on Thursday said it has launched 115-cc bike Platina 110 in the country priced at Rs 65,920 (ex-showroom)

Hero MotoCorp, Bajaj Auto offer steep discounts to push key segment sales

Move reflects sustained pain in world's largest two-wheeler market, as it covers two segments accounting for 75% of its size and comes despite spike in input costs

Success beyond software and services

India dominates the world market in motorcycles. What will it take to replicate this success in other industries?

Hero MotoCorp shares rise nearly 4% as sales rise in February

The two-wheeler maker reported rise in total sales during February

Expect double-digit volume growth in next 6 months on low-base effect: HMSI

Honda Motorcycle and Scooter India (HMSI) expects to log in double-digit volume growth in the ongoing quarter as well as April-June period of the next fiscal year

Suzuki Motorcycle India reports 5.4% rise in sales in February

The firm sold 71,662 units in February

Royal Enfield aims to claim pole position in mid-sized bikes globally

Its presence abroad currently is either through exclusive stores or multi-brand outlets; It now seeks to set up CKD units in priority markets in APAC and LatAm region

Two-wheeler makers plan to resume capital expenditure plans in FY22

This will come as a boost for the government, seeking private sector capex

Volume growth, market share gains key for Hero MotoCorp, going ahead

Its ability to make further inroads into premium bikes, scooters will be critical

Wardwizard builds 100,000 electric two-wheeler unit in Gujarat for Rs 45 cr

Company plans to launch four variants of high performance e-bikes at the plant, which is estimated to generate direct and indirect employment for 6,000 persons

Royal Enfield's wheels of fortune

Book review of Indian Icon: A Cult Called Royal Enfield

Cabinet approves closure of loss-making Scooters India, says report

The company that manufactured famous scooters like Lambretta and Vijai Super will be shut down after the Cabinet gave its nod to a proposal to close the loss-making state-owned firm, sources said. The Cabinet Committee on Economic Affairs (CCEA) is believed to have given consent to shutting down of Lucknow-based Scooters India Ltd at its meeting on Wednesday, they said. The Scooters India brand name shall be sold separately as the company holds famous brands such as Lambretta, Vijai Super, Vikram and Lambro, shared an official. The company produces several types of three-wheelers under the Vikram brand. The government's go-ahead to the closure proposal paves the way for the Heavy Industry Ministry to begin the process of winding up of the firm. As per the proposed plan presented to the Cabinet, Rs 65.12 crore required for closure of Scooters India Limited is being sought as loan with interest from the Government of India, sources said. The proposal also entails offering voluntary

Honda Motorcycle announces its first-ever VRS amid weak two-wheeler demand

Scheme offered to the 40-plus or those with 10 years in the company

TVS Motor's two-wheeler sales up by 20% in December; exports up 28%

Motorcycle sales grew by 27%, recording 119,051 sold units in December 2020 as against 93,697 units in December 2019

Two-wheeler industry hopeful of growth in Q4 but wary of Budget: HMSI

The farmers' agitation and Budget are "sort of dark clouds" as the two-wheeler industry is hoping for a low single-digit sales growth in Q4 of 2020-21 on the back of a low base of previous year

Mahindra group rides Jawa back to its Czech homeland after a 90-year hiatus

The motorcycle was created by Frantisek Janecek in Prague, with the first model rolling out on October 23, 1929