Page 4 - Two Wheeler Sales

Ducati launches all-new Hypermotard 950 bikes starting at Rs 12.99 lakh

Italian superbike maker Ducati on Wednesday launched its all-new Hypermotard 950 range of motorcycles in India with prices starting at Rs 12.99 lakh (ex-showroom across India)

Hero MotoCorp registers decline in sales by 32% in October

In the domestic market, the company's wholesales dropped to 5,27,779 units last month from 7,91,137 units in October 2020

TVS Motor registers 10% decline in sales at 3,55,033 units in Oct

Domestic two-wheeler sales were also lower at 2,58,777 units last month as compared to 3,01,380 units in October 2020

TVS Motor consolidated net profit rises 29% in Sept quarter to Rs 234 cr

Revenue from operations rises 23% to Rs 6,483 cr

Royal Enfield wholesales dip 44% to 33,529 units in September

Mid-sized motorcycle maker Royal Enfield on Friday said its total wholesales in September declined by 44 per cent to 33,529 units

TVS Motor auto sales up a marginal 1% in August, two-wheelers drag

Total two-wheeler sales down 1%, domestic show was worse, with 18% dip

Unsold stock piles up at two-wheeler sales channels amid weak demand

As a result, unsold inventory at the sales channels across Hero MotoCorp, Honda Motorcycle and Scooter India, TVS Motor and Bajaj Auto have risen from the average 40-45 up to 75 days.

Honda2Wheelers India's July sequential sales up by 66%

Two-wheeler major Honda Motorcycle & Scooter India (Honda2Wheelers India) on Tuesday reported a sequential overall sales growth of 66 per cent in July 2021.

Two-wheeler sales remain subdued in July as manufacturers limit dispatches

Cumulative sales at four companies including Hero MotoCorp, Bajaj Auto TVS Motor and Royal Enfield during the month dropped by 2.4%

TVS Motor auto sales grow 10% YoY in July with 278,855 units sold

Total two-wheeler sales growth came at 8 per cent with 262,728 units sold in July 2021 as against sale of 243,788 units in July 2020

Bajaj Auto July sales jump 44 pc in July, exports more than double

Bajaj Auto on Monday reported 44 per cent jump in its total sales at 3,69,116 units in July 2021. The company had sold 2,55,832 units in the same month a year ago. Domestic sales in July this year were at 1,67,273 units as against 1,58,976 units, up 5 per cent, Bajaj Auto said in a regulatory filing. Total motorcycle sales stood at 3,30,569 units, up 39 per cent, as compared to 2,38,556 units sold in July last year. Total commercial vehicle sales more than doubled to 38,547 units as against 17,276 units in the same month last year, the company said. Exports in July also more than doubled to 201,843 units as against 96,856 units sold in the corresponding month last year, it added.

Electric two-wheelers may account for 10% of sales in 2-3 yrs: Ather

In 2020-21, total two-wheeler sales in India stood at 15,119,387 units as against 17,416,432 units in 2019-20, down 13.19 per cent

Bajaj Auto reduces price of Dominar 250 by Rs 16,800 to Rs 154,176

Bajaj Auto on Tuesday said it has reduced price of Dominar 250 bike by Rs 16,800 to Rs 1,54,176 (ex-showroom Delhi). The newly announced price on Dominar 250 is expected to grow the franchise further by encouraging customers to take their first step into the world of touring, the Pune-based company said in a statement. The Dominar 250 comes with a 248.8 cc petrol engine. "We, at Bajaj Auto, believe that touring on a bike opens the doors to a world of 'real' experiences that widens your perspective and shapes one's character. We realise that biking for youngsters can be so much more than just street fun if the bike comes with the right dose of performance, sharp design and a superior riding experience," Bajaj Auto President (Motorcycle Business) Sarang Kanade noted. In times of price hikes across the industry, the company has taken a stance of reducing price on Dominar 250 and make sports touring more accessible, he added. Bajaj had launched Dominar 250 in March 2020 with the missi

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

ICRA expects 12-14 pc growth for two-wheeler sales this fiscal

Ratings agency ICRA on Thursday maintained its growth forecast for two-wheeler sales at 12-14 per cent for the ongoing fiscal

Bajaj Auto reports 24% jump in total sales at 346,136 units in June

Bajaj Auto on Thursday reported 24 per jump in its total sales at 3,46,136 units in June 2021. The company had sold 2,78,097 units in the same month a year ago. Domestic sales in June this year were at 1,61,836 units as against 1,51,189 units, up 7 per cent, Bajaj Auto said in a regulatory filing. Total motorcycle sales stood at 3,10,578 units, an increase of 22 per cent, as compared to 2,55,122 units sold in June last year. Total commercial vehicle sales were at 35,558 units as against 22,975 units in the same month last year, up 55 per cent, the company said. Exports in June jumped 45 per cent to 1,84,300 units as against 1,26,908 units in the corresponding month last year, it added.

Hero Electric slashes prices for its popular models by up to 33%

The decrease in prices ranges from 12 per cent for single battery variants to 33 per cent for the triple battery Nyx HX model

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 to hike prices to partially offset higher commodity prices

The prices will increase by up to Rs 3,000

Auto industry chases the monsoon, but analysts are less optimistic

Manufacturers think the impact of Covid-19's ravages on rural India will abate if seasonal rains are good.