Page 8 - Two Wheeler Sales

Analysts ride two-wheeler stocks for gains as India eases Covid-19 lockdown

Expected demand pick-up in tier-II and tier-III cities as well as preference for personal mobility amid the Covid-19 health concerns are the top two factors that would drive the demand, analysts say.

TVS Motor domestic two-wheeler sales down 82% to 41,067 units in May

The company registered total sales of 58,906 units, which is 81 per cent lower than 3,07,106 units sold in the same period last year

Royal Enfield starts production at Chennai, 120 dealers back in business

Two other plants to start in a phased manner; 100 more dealers likely to get back this month

Covid-19: Two-wheeler sales hit top gear, but companies tread with caution

Top officials at two-wheeler makers said they have seen an encouraging response with a steady increase in inquiries and sales

Hero MotoCorp to benefit from higher rural share; downtrading to help

Market leader's share in the economy segment improved by 600 basis points in FY20

TVS Motor joins the list of auto firms with zero domestic sales in April

Maruti, Skoda among others are aready in this list though many have exported; TVS shipped 8,134 two-wheelers abroad

We plan to launch new scooters and bikes above 125cc: Suzuki Motorcycle MD

In a Q&A, Koichiro Hirao says the Indian rider is shifting towards performance motorcycles, and that his firm is well poised to cater to this demand

Near-term headwinds likely to cap upsides to Hero MotoCorp's volumes

Valuations after a 50% fall from peak are at attractive levels

TVS Motor domestic two-wheeler sales drops 27%, total exports rise 25%

Three-wheeler sales grew 26.4% to 17,370 units during the month compared with 13,742 units during the same month last year.

BS-VI transition pulls down two-wheeler sales in Feb, but exports pick up

Hero's domestic sales dropped by 20 per cent to 480,196 in February 2020 from 600,616 a year ago. Exports rose to 18,046 units from 16,599 units during the same period

Bajaj Auto sales drops 10% to 354,913 units in Feb; exports rise 9%

Domestic two-wheeler sales were at 146,876 units last month as against 186,523 units in February 2019, a decline of 21%

Honda Motorcycle crosses 300,000 sales milestone of BS-VI two-wheelers

Honda Motorcycle & Scooter India (HMSI) on Wednesday said it has crossed 3 lakh sales milestone for BS VI compliant units. HMSI's BS VI model line-up now comprises five models -- Activa 125, SP 125, Activa 6G, Dio and Shine. All four factories of the company have moved to 100 per cent BS-VI production with one month still remaining for the government deadline, HMSI said in a statement. "Honda was the first two-wheeler manufacturer to lead the BS-VI transition almost six months ahead of the deadline. Over three lakh customers are now experiencing #AQuietRevolution led by Honda's advanced technologies like eSP, many first-in-segment features like ACG starter motor and significant mileage-up," HMSI Senior Vice President, Sales and Marketing Yadvinder Singh Guleria said. The coming weeks will see Honda's BS-VI line-up get more robust with new introductions across segments, he added.

Two-wheeler volumes to skid 8-10%, demand likely to remain weak: Icra

Despite the near-term volatility, ICRA maintains a stable outlook for the two-wheeler industry for the coming 12-18 months

Passenger vehicle sales dip 1.2% in December; three-wheeler sales up 22%

The industry said a change in the subdued consumer sentiment leading to an improvement in sales would happen only when overall economic mood improves

Hero MotoCorp to Bajaj Auto, two-wheeler makers end 2019 on a bleak note

Auto companies in India count deliveries to dealers as sales.

Hero MotoCorp to hike prices of two-wheelers by Rs 2,000 from January 1

Two-wheeler market leader Hero MotoCorp on Monday said it will increase prices of its motorcycles and scooters by up to Rs 2,000 from January. The price increase will be across range of two-wheelers and exact quantum of the hike will vary on the basis of model and specific market, Hero MotoCorp said in a statement. It, however, did not specify reasons for the plan to hike prices. The company currently sells a range of motorcycles and scooters priced between Rs 39,900 to Rs 1.05 lakh. Last week the country's largest car maker Maruti Suzuki India had announced that would hike prices of its vehicles from January to offset rising input costs. Other car manufacturers such as Toyota, Mahindra & Mahindra and Mercedes-Benz said they were also contemplating a similar move. Hyundai Motor India and Honda Cars India, however, said they would not increase vehicle prices in January, but their products will see rise in prices when BS-VI compliant models are introduced in the market.

Downturn can be a blessing, best time to bring changes: Royal Enfield CEO

In the next 3-6 months, things should start to look-up, says Dasari

Sluggish scooter biz drags TVS Motor's domestic two-wheeler sales down 27%

The company's exports were up 26.65% to 74,060 units this November, from 58,476 units a year ago

Car sales drop again after festive season; industry pins hope on Dec demand

Maruti Suzuki reported sales of 150,630 passenger vehicles in the domestic market in November, down 1.9 per cent over 153,539 units in the corresponding month last year

Moped sales fall 25.58% in April-Oct as rural India demand dries up

TVS Motor Company, the only company in India to manufacture mopeds, said exports dropped by nearly 40 per cent.