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Mar 14, 2019, 07.57 AM IST
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Piaggio aims to scale up two-wheeler business in India
Piaggio has a manufacturing plant in Baramati in Maharashtra, where it manufactures the iconic Vespa alongside the Aprilia SR 150.
Wheels on fire: Honda comes up with CBR650R, priced below Rs 8 lakh
Honda Motorcycle and Scooter India (HMSI) started bookings for its upcoming sports middle-weight model CBR650R, which will be priced below Rs 8 lakh.
Come 2020, Piaggio to enter mainstream market with Aprilia 150 motorcycles
Piaggio currently sells about half a dozen big bike models in India in the 800-1200cc range, importing these as completely built units.
Sliding superbike sales prompt offers
Sales of motorcycles with engine capacity between 800cc and 1600cc have taken a beating between April 2018 and January 2019. In comparison, sales of bikes with engine capacity greater than 500cc and less than/equal to 800cc increased from 2,858 units to 4,798 units during this period.
Piaggio plans 21 model salute for India to lead the show
The company is the leader in India’s three-wheeler cargo space. India accounts for a fourth of its global turnover.
TVS Motor January sales up 4 per cent to 2,82,630 units
Domestic two-wheeler sales were at 2,28,654 units last month as compared to 2,26,992 units in January 2018.
Bajaj auto unveils new brand identity
The company, which has increased share in the local motorcycle market by 6-7% in the past nine months, said domestic business would get greater management attention.
Riders migrate from scooters to bikes as ownership costs rise
Growth of sales in scooters lagged motorcycles in 2018 after a decade.
Lohia Auto to introduce new range of electric scooters, bikes in India
The products will be manufactured for domestic as well as exports markets in Lohia Auto’s proposed new facility in Andhra Pradesh.
Higher upfront insurance costs and tighter liquidity causes a speed bump in two-wheelers market
Improved liquidity in the market and the Sankranti and Lohri festivals in mid-January are expected to push up sales in the fourth quarter.
Hero MotoCorp, Bajaj Auto back GST reduction on motorcycles but differ on timing
Auto bosses Pawan Munjal and Rajiv Bajaj want two-wheelers out of high GST bracket.
Hero MotoCorp pitches for 18% GST on two-wheelers
In the calender year 2018, Hero MotoCorp sold 80,39,472 units of bikes and scooters, registering a growth of 11 per cent over 2017.
Avan Motors lines up six electric scooters; to launch one every 6 months
The company, which has a pipeline of six products, expects to introduce these in the market at a price range of Rs 45,000-80,000.
Suzuki Motorcycle launches 2019 edition of Hayabusa
Suzuki Motorcycle India Pvt Ltd (SMIPL) Thursday launched the 2019 edition of its sportsbike Hayabusa priced at Rs 13.74 lakh (ex-showroom Delhi).
Two-wheeler sales likely to grow at 8-10% in FY19; industry outlook stable: ICRA
ICRA said concerns which could moderately disturb the positive demand drivers are increasing cost of acquisition of a two-wheeler due to rising raw material prices and hike in insurance premiums among others.
Why Siddhartha Lal needs to rev up Royal Enfield with launches and innovations
The rise of Royal Enfield from a fading icon to a global pin-up has been an amazing triumph.
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