The company on Thursday trimmed its 2024 outlook, projecting motorcycle revenue down 14 per cent to 16 per cent and operating profit margins between 7.5 per cent and 8.5 per cent
The company on Thursday trimmed its 2024 outlook, projecting motorcycle revenue down 14 per cent to 16 per cent and operating profit margins between 7.5 per cent and 8.5 per cent
Other foreign brands are also re-entering India or making fresh plans to capitalise on the opportunities the country offers
The market for premium motorcycles in India is expanding, and US-based two-wheeler maker Harley Davidson is keen on more joint ventures with Hero MotoCorp
Harley Davidson and Hero MotoCorp announced prices of the upcoming motorcycles in India. The motorcycle price begins at Rs 13.39 lakh (ex-showroom)
Global motorcycle shipments, including those of Cruiser, Trike and Touring bikes, fell 7% in the quarter from a year earlier
Make waves in above 350cc segment, growing demand spurs production growth
Like Triumph, US giant Harley-Davidson Inc. is also renewing efforts in India, where Royal Enfield is revered to a similar extent as Harley is in the US
The bike was launched at a starting price of Rs 2.29 lakh, however, it was later raised by Rs 10,500 to Rs 2,39,500
Eicher has sharply underperformed the Nifty50 index over the past one year with a return of -1.2 per cent while the benchmark is up 15.6 per cent during this period
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Hundreds of similar fan clubs across India have transformed Royal Enfield into more than a motorcycle brand; it's a cultural phenomenon
Indian bike maker Hero MotoCorp on Tuesday said it received over 25,000 bookings for the world's cheapest Harley Davidson motorcycle, sending shares up over 3%.
In an exchange filing, the company said that it would start production of the Harley Davidson X440 in September 2023 and commence deliveries from October onwards
The company said that the production capacity has been ramped up in response to the demand trends
This time the company has teamed up with Hero Motor Co, the world's largest motorcycle maker, to make the bikes with prices below Rs 2.33 lakh ($2,841)
Net profit fell to $178 million, or $1.22 per share, in the quarter, from $215.9 million, or $1.46 per share, a year earlier
According to the report, the search data for HD X440 and Triumph 400 indicate a very strong start for these aspirational brands
The products will include an all-new Bullet which is likely to be launched in early September, along with an all-new Himalayan (K1G) with a liquid-cooled engine