Two-wheelers Sales

Uptick in rural demand to propel two-wheeler industry: TVS Motor chairman

The domestic two-wheeler segment will continue on growth path in the current fiscal on the back of factors like normal rainfall and uptick in rural demand, according to TVS Motor Chairman Ralf Speth. Speaking at the company's annual general meeting (AGM), he noted that in partnership with BMW Motorrad, TVS will be working on design and development of additional new vehicles for the global markets. "With a young, intelligent, thriving workforce the nation is well-positioned to leverage its advantages. I am also convinced that India can benefit from major shifts in the geo-political, geo-economic, environmental and social landscape. India can go its own way. India can overtake," Speth stated. He noted that the company expects the domestic two-wheeler industry to continue to grow in FY25 on the back of strong economic indicators, including normal rainfall and uptick in rural demand. "Our focus on EVs - as one of our future growth enablers - fits perfectly with our 2030 vision," he ...

Domestic two-wheeler sales zoomed 9% in 2023 fuelled by rural demand uptick

The 2023 sales are still much below the pre-pandemic peak observed in 2018 when 21.645 million units of two-wheelers were sold

Top gear: Two-wheelers lead the line for auto festival sales this year

The Federation of Automobile Dealers Associations (FADA) data showed a 19 per cent growth in auto sales during the 42-day festival period in 2023

Hero MotoCorp hits 33-mth high, soars 15% in 9 days on record festive sales

Last week the company said it recorded highest-ever festive sales, clocking more than 1.4 million units in retail sales during the 32-day festive period.

Hero MotoCorp and Bajaj Auto's July two-wheelers sales in slow lane

Hero's domestic sales dropped by 12.18 per cent YoY to 391,310 units. Bajaj's domestic sales dropped 13.62 per cent YoY in July

Hero MotoCorp targets to achieve 30% sales via digital channels by 2030

The country's largest two-wheeler maker, Hero MotoCorp, has set a target to achieve 30 per cent of its sales on digital platforms by 2030. The company, which sold 54 lakh units of motorcycles and scooters in the last fiscal year, is also looking to have 30 per cent women workforce in the organisation by 2030. "We have set an ambitious goal of achieving 30 per cent sales through digital channels by the year 2030," Hero MotoCorp Executive Chairman Pawan Munjal said in the company's annual report for 2022-23. The company, which produced 5.3 million units in 2022-23, has augmented user interface of digital channels, which have emerged as a preferred destination for customers' pre- and post-purchase needs, he told shareholders. Munjal said the company has invested significantly in upgrading its information technology systems, adopting advanced analytics and Artificial Intelligence (AI) tools, and in implementing automation technologies. "Our flagship project 'Digital Factory Lighthouse

Riding your 2-wheeler without a helmet? Ola's upcoming tech won't allow it

Ola is not the only company making advances in this technology. TVS also recently announced that it was working to build a camera-based helmet reminder system

Triumph launches its Street Triple; prices start at Rs 10.17 lakh

The Triumph Street Triple comes powered with a liquid-cooled, 765cc, three-cylinder engine which produces 120hp and 80 Nm of peak torque

Value of components supplied to passenger car OEM increasing: Data

Share of value of components supplied to the two-wheeler market goes down

Hero MotoCorp to lose top spot in 2-wheeler sales to HMSI: Elara Capital

Rural states, such as Uttar Pradesh, Bihar and Jharkhand, have fallen higher in September on a MoM basis

Slow despatch pulls down passenger vehicle retail sales by 5% in July: FADA

Dragged down by two-wheelers, overall retail falls 8%

Auto retail sales dip 8% in July on poor registrations of PVs, two-wheelers

Automobile retail sales in India dropped 8 per cent on an annual basis in July on account of fall in registrations of passenger vehicles, two-wheelers and tractors

Okinawa Autotech to invest Rs 1200-1,500 cr in e-two-wheelers in two years

This includes the JV with Tacita; company is in talks with PE firms

Two-wheeler demand remains weak as compared with last year: Icra

Demand for two-wheelers continues to be weak while that for passenger and commercial vehicles remains robust as compared with last year, a survey by ratings agency Icra has revealed.

Top headlines: Top firms' advance tax up 47%; Invesco considers suing Zee

India needs more big banks to aid economic growth, says Finance Minister. More in top headlines of the day

Semiconductor shortage effect: Auto wholesale dip 11% in August, says SIAM

The total wholesales across categories, excluding commercial vehicles, declined to 1,586,873 units last month, compared to 1,790,115 units in August 2020.

Hero MotoCorp reports 22% dip in wholesales at 453,879 units in August

The country's largest two-wheeler maker Hero MotoCorp on Wednesday reported 22 per cent dip in total sales at 453,879 units in August as compared with same month last year

Suzuki Motorcycle's total sales up over two-fold at 73,083 units in July

Suzuki Motorcycle India Pvt Ltd (SMIPL) on Monday reported an over two-fold increase in total sales at 73,083 unit sales in July 2021

Hero MotoCorp reports 13% dip in total sales at 454,398 units in July

The country's largest two-wheeler maker Hero MotoCorp on Sunday reported a 13 per cent dip in total sales at 454,398 units in July

Bajaj Auto sells 1,34,471 units in domestic market in April

Bajaj Auto on Monday said it sold 1,34,471 units of two-wheelers and commercial vehicles in the domestic market in April