The used two-wheeler firm is in talks for fundraising, plans to double showrooms
By setting up massive capacities in a limited market against entrenched competition, founder Bhavish Aggarwal has his work cut out proving the sceptics wrong
The world's largest two-wheeler factory is expected to create 10,000 jobs.
Two-wheeler maker Yamaha Motor India on Friday reported a 33 per cent growth in sales to 39,224 units for December
Post lockdown, pre-owned vehicles will see good traction as 96% of the respondents want to purchase such cars
Deal will bolster Ola Electric's engineering and design capabilities with Etergo's extensive vehicle development experience with leading auto firms Tesla, General Motors, Ferrari, Jaguar and BMW
People boarding buses in the city will have to be screened first, he said, adding that four-wheeler vehicles, including taxis, will be allowed with only two passengers
The two-wheeler major is also looking to have a separate exclusive sales network for the premium bikes
He was responding to a query on the impact of FAME II on the electric two-wheeler market
The opportunity is immense - the shared two-wheeler mobility market has touched 15 million daily trips already
The company also announced the withdrawal of its 110 cc offering
Commercial vehicles are yet to see relief in terms of unsold inventory levels
There is also the anticipation of better participation from the rural markets in third and fourth quarters owing to good monsoon
Sales up 8.5%, growth in the two-wheeler segment has largely been driven by demand for scooters
Facilities of Royal Enfield, Yamaha and Myoung Shin Automotive India Pvt Ltd(MSI) a supplier of Hyundai, are facing labour problems in the last few days. It may be noted, recently workers at the Renault-Nissan facility have threatened they will be forced to look at various options including possible strike against the management's decision for VRS.While emails, phone calls and messages sent to the companies spokespersons were not answered, A Soundararajan of Centre of Indian Trade Unions (CITU), who is also the President of the Unions at Yamaha, MSI and an Union official from the Royal Enfield Union have confirmed the development.At Yamaha Motor India's Oragadam plant around 750 permanent workers out of a total around 800 workers went on strike after allegedly that the company sacked a few of the employees.Workers in the company's facility have applied to form an union, India Yamaha Motor Thozhilalar Sangam, and the workers also submitted a complaint under Section 2 K of the Labour ..
TVS Motors, Hero MotoCorp, Piaggio, Yamaha eye a bigger share of the growing two-wheeler market with a slew of launches in the 125cc scooter segment
Companies are expecting an improvement in sales of vehicles from the quarter beginning April
Hero, Bajaj expected to post decline in Q3 as demand remained subdued after demonetisation
The overall volume of the industry (including exports) is estimated to have grown 7% last month to 1.42 million units
They are giving heavyweight and former partner Hero a run for its money