Page 10 - Two Wheeler Sales

Tata Motors, M&M stocks see significant gains on improved demand outlook

While M&M closed at Rs 705.6 a piece, up 10.8 per cent - the highest in 18 months, Tata Motors' shares ended at Rs 173.6, a piece up 9.8 per cent-the highest in 33 months

Despite Covid, Hero MotoCorp sells 1.4 mn two-wheelers in festive season

The festive season witnessed strong customer preference for Destini and Pleasure scooters, resulting in high double-digit growth for the two models

Sustainability of domestic demand in 2-wheeler to remain contingent: ICRA

Ratings agency ICRA on Monday said it expects that the sustainability of domestic demand in two-wheeler would remain contingent upon the COVID-19 scenario following the festive season

Two-wheeler sales zoom in Oct in anticipation of a good festive season

Dealers fear a weak retail demand may lead to stock pile-up

Sale of passenger vehicles, 2 wheelers rising during festive season: Report

Amid increasing consumer preference for personal mobility, the original equipment manufacturers have continued with higher wholesale billings during July-September 2020, says a new report

Hero MotoCorp Q2 net profit surges 9% to Rs 964 cr on robust sales

The country's largest two-wheeler maker had posted a net profit of Rs 883.78 crore during the July-September period of the previous fiscal

Bajaj Auto, TVS: How to trade two-wheeler stocks this festive season

Two-wheeler stocks such as TVS Motor, Hero MotoCorp, and Bajaj Auto were among the top gainers on the Nifty Auto index, surging up to 1.6 per cent in the intra-day deals on the National Stock Exchange

Bajaj Auto net profit declines 22% to Rs 1,194 cr in September quarter

The two-wheeler major had posted a net profit of Rs 1,523.31 crore in the July-september period of previous fiscal

2-wheeler volumes to contract 16-18% this fiscal due to Covid-19: ICRA

While the overall consumption and investment demand is expected to remain subdued for an extended period, some growth off-shoots are visible in rural markets, it added

Mopeds continue to shine in two-wheeler segment, sales up 20 % in September

During the April to September period domestic moped sales went down by 24.41 per cent to 251,166 units from 332,284 units

Honda bets big on recovery of rural demand, upcoming festive season

Rural sales at present are around 23 per cent of overall sales, which is nearly the same as in pre-Covid times

Electric two-wheeler sales up 72% in September: Electric vehicles' group

The sales of electric two-wheelers increased by 72 per cent in September on a year-on-year basis, the Society of Manufacturers of Electric Vehicles (SMEV) said on Wednesday.The registrations stood at 2,544 units last month as against 1,473 vehicles sold in September last year."We are experiencing huge customers' interest in green vehicles as buyers have seen how the environment feels when no fuel-guzzling vehicles are on roads," said SMEV Director General Sohinder Gill."The upcoming festive season will add to the pent-up demand and help manufacturers to recover what they lost in the first and second quarter due to COVID lockdown," he said in a statement.Between April and September, the industry registered sales of 7,552 electric two-wheelers as against 10,161 in the corresponding period of last fiscal."The outlook for rest of the year remains positive as we hope the recent move by the Centre allowing vehicles to be sold without a battery will help the industry to move forward," said ..

Bajaj Auto: Investors must wait for volume recovery before taking exposure

Double digit growth in exports and premiumisation trend in the domestic market are triggers

Auto companies show signs of recovery, increase dispatches by 13%

Tractor sales also increased with largest tractor seller Mahindra & Mahindra selling 18 per cent more farm equipment indicating that a good monsoon was driving the rural economy

TVS Motor's two wheeler sales rise by 4% to 313,332 units in September

Domestic two-wheeler sales dropped marginally to 241,762 units in September 2020

Mid-size SUVs, deluxe commuter bikes outshine peers, shows SIAM data

Among the two wheelers, motorcycles in the 150cc to 200cc segment have been the outliers

Covid-19 impact: Yamaha expects India sales to be 10-year low in 2020

During January-August this year, YMIS sold 2,88,942 units of two-wheelers compared to 4,54,617 units in the year-ago period, a decline of 36.44 per cent

Signs of green shoots in passenger vehicles and two-wheelers: Exide

Chatterjee informed that two new companies - MG Motor (with its Hector model) and KIA Motors (with its Seltos) started this year with 100 per cent use of Exide batteries

Moped sales see highest growth in segment in August since lockdown

Moped sales have turned around since June on the back of good monsoon and positive sentiment in the rural market

Hero MotoCorp, TVS gain mkt share in Aug at cost of Honda and Bajaj

Hero MotoCorp, TVS Motor increase market share in a dwindling market while Bajaj and Honda slip