Page 4 - Two Wheeler Sales

TVS September sales: Total sales up 6% at 402,553 units; exports up 8% YoY

Motorcycle sales for the company went up 10 per cent with TVS selling 169,322 units in September 2022 to 186,438 units in September 2023

Auto sales up 9% in August, PV inventory at an all-time high: FADA

Adopting a cautious stance for the near-term outlook, FADA said that low rainfall may impact rural auto demand during the upcoming festive season

Hero MotoCorp rides 4% higher on strong Harley Davidson X440 bookings

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

ReadyAssist, Ampere collaborate for full-stack after-sales, service support

The partnership will ensure smooth operations and minimal downtime for vehicles, along with improving the customer experience

Bajaj Auto July sales: Total sales down 10% YoY, 2W sales dip 14%

2W exports were also down 16% YoY which came down from 150,670 in July 2022 to 126,850 in July 2023

Electric two-wheeler registrations recover in July but very modestly

With Okinawa and Hero Electric dro­pping sub 6 per cent, the 150 odd pla­y­ers in the market will very soon shrink to just 4-6 players in the real game

Royal Enfield's Hunter 350 crosses the two lakh sales mark in 11 months

Hunter 350 crossed two lakh sales in less than a year since its launch last year. The Hunter 350 is the most affordable and compact bike from Royal Enfield, priced from Rs 1.50 lakh to Rs 1.75 lakh

Passenger vehicle sales up 2% YoY in June, 3W sales almost double: Siam

Two-wheeler sales registered a slight jump of 1.68% as the sales touched 1,330,826 in June 2023, compared to 1,308,764 in June 2022

Commuter bike market in cruise mode; uncertainties may put brakes on growth

An uncertain rural recovery, stringent emission standards, and high financing costs could put the brakes on faster growth in FY24

Electric scooter sales take a plunge in June on FAME-II subsidy cut

Only 60% of Niti Aayog's sales projection of 2.3 million units in FY24 possible, says association

In a bid to drive volumes, Triumph to launch its 400cc bike on July 5

The pricing will play a crucial role in terms of the challenge Triumph can pose to the market leader, Royal Enfield

As govt cuts down subsidy, EV two-wheelers may get costlier from June 1

The government earmarked Rs 10,000 crore for a period of three years under the FAME-II scheme. The scheme ended in June 2021 and was extended for a period of two years

Going green: Electric vehicle sales cross the 1 million mark in FY23

Electric two-wheeler segment leads the way with 61 per cent share in total EV sales

EV maker e-Sprinto to roll out 4 new high-speed scooters this year

Electric two-wheeler maker e-Sprinto on Wednesday said it is looking to roll out four new high-speed scooters this year. Among the four new e-scooters, including Sprinto HS, one will cater to the B2B sector while the remaining three will be for B2C segment, the company said in a statement. The startup currently has a streamlined product portfolio in the low-speed category, consisting of e-Sprinto and e-Sprinto BB models of electric scooter. The company said its forthcoming range of scooters will cater to both the business-to-business (B2B) and business-to-consumer (B2C) segments, offering a diverse range of features and capabilities. "We are delighted to reveal our highly anticipated range of high-speed scooters that we are confident will establish a new industry benchmark. We firmly believe that our new line of scooters will deliver an exceptional riding experience, exceeding our customers' expectations," Atul Gupta, Co-founder and Director of e-Sprinto, said.

Two-wheeler manufacturers see rise in sales in March on festive demand

Among passenger vehicles, Maruti Suzuki saw a 0.8% decline in domestic sales, while Tata Motors reported a 4.1% jump in sales

Amid rise in production cost, Hero MotoCorp to hike prices by up to 2%

Hero MotoCorp on Wednesday said it will increase prices of its model range by around 2 per cent from next month in order to offset the impact of rise in production cost in order to conform to stricter emission norms. The company will make an upward revision in the ex-showroom prices of its select motorcycles and scooters, effective from April 1, 2023, the country's leading two-wheeler maker said in a statement. The price revision will be around 2 per cent and the exact quantum of increase will vary by specific models and markets, it added. The price revision has been necessitated mainly due to cost increases on account of OBD 2 (on-board diagnostics) transition, the company said. Hero MotoCorp will continue to provide innovative financing solutions in order to cushion the impact on the customers, it added. The Indian automobile industry is currently working to make their products meet the second phase of BSVI. From April 1, vehicles will need to have an on-board self-diagnostic d

Bajaj Auto slips over 4% on concerns of weak export sales

Analysts believe that exports are likely to remain under pressure in \near term, owing to weak macros, adverse currency movements and dollar availability issues in Africa, South Asia and Latin America

Domestic PV sales up 17.23% in January as consumer sentiment improves: SIAM

Two-wheelers ride the slow track with just 3.81% sales growth amid rural slowdown

As volume challenges persist, Hero MotoCorp eyes recovery across segments

Margins should improve on lower raw material costs, operating leverage

Hero MotoCorp needs to recover market share in 125cc bike segment: CFO

Considering separate unit for EVs