Two wheelers & three wheelers
TVS Motor sales rise 6 pc in Sep
TVS Motor Company announced that its total sales in September rose by 6 percent compared to the same month last year, reaching 402,553 units. The company also stated that their overall two-wheeler sales for the previous month increased by 7 percent year-on-year, totaling 386,955 units, compared to 361,729 units in September 2022.
Hero Moto Corp to hike prices of select models by 1 pc from Oct 3
The price revision is part of our regular review of product competitiveness and positioning, factoring inflation, margins and market share, the company stated.
Royal Enfield Bullet 350 price, specifications and more
Bike maker Royal Enfield has launched its much-anticipated Bullet 350, which has become its second-most affordable bike in India. An upgraded version of its classic Bullet, the Bullet 350 is open for bookings and one can expect its deliveries to start frpm September 3. The model has many upgraded features, which are discussed below. (Image: Royal Enfield website)
Hero MotoCorp announces price of Karizma as introductory offer gets over
Hero MotoCorp has announced the new price of the Karizma XMR motorcycle, keeping the per unit ex-showroom price at Rs 179,000. The current booking window for the motorcycle will close on September 30, and the date for the new booking window will be announced later with the revised price. The company has already started production and will soon commence deliveries.
Now, you can take a Royal Enfield bike on rent in over two dozen cities. Here's how
Royal Enfield has launched a program called "Royal Enfield Rentals" that allows bike enthusiasts to rent their motorcycles. The program collaborates with motorcycle rental operators across India, offering a diverse portfolio of over 300 Royal Enfield motorcycles in 25 cities. This initiative aims to enhance access to Royal Enfield bikes and support the motorcycle rental operators who contribute to the brand's ecosystem.
Piaggio looks to enhance premium play; forays into bike segment with Aprilia RS 457
Piaggio Group plans to expand its presence in the premium two-wheeler market in India to meet the increasing demand for feature-rich models. The company, which already sells premium scooters in the country, recently unveiled its Aprilia RS 457 mid-size bike. Piaggio aims to start selling the bike in India from January next year, followed by launches in other areas.
Domestic markets more exciting, but exports recovery has commenced too: Rakesh Sharma, Bajaj Auto
"Retail financing is progressing very well. We are seeing tenures of loans going up, which is a very good indication because is suggests that people have confidence in a continued stream of income based on which they are taking longer-tenure loans."
Hero Karizma XMR: In-Depth first ride review
The world's largest two-wheeler manufacturing company, Hero MotoCorp, has launched the new Karizma XMR in India as its latest offering in the 200cc segment at an introductory price of INR 1,72,900 (ex-showroom Delhi). Watch the In-Depth First Ride Review here.
India's entry-level bike buyers unlikely to return soon, says Bajaj Auto MD
Bajaj Auto's managing director, Rajiv Bajaj, stated that the entry-level customers are unlikely to return in the near future, indicating a lackluster festive season for traditional fuel-based motorcycles as buyers consider electric alternatives. Bajaj attributed this trend to the impact of the COVID pandemic, job losses, and rising petrol prices on lower-income households.
Reduce GST on entry-level two-wheelers: FADA to Centre
The Federation of Automobile Dealers Associations (Fada) has called on the government to reduce the goods and services tax (GST) rate on entry-level two-wheelers from 28% to 18%. Fada president Manish Raj Singhania stated that although the two-wheeler segment has seen growth, it is still 20% below pre-pandemic levels. Singhania believes that reducing the GST rate would not only be a policy adjustment but also a socio-economic catalyst, as this segment constitutes 75% of total auto sales volume.
Mahindra's Classic Legends to pump in ₹1,000 crore till FY26 to rev up business
Classic Legends is also working on a pure electric motorcycle for the UK, Europe and other mature markets. Developed ground-up with the University of Warwick, the model will go on sale from 2024. The company claims that it will be the most affordable e-motorcycle in its segment.
New-Gen KTM 250 and 390 Duke make India debut: Specs, prices & features
With prices starting at Rs 2.39 lakh and Rs 3.11 lakh (ex-showroom, Delhi) respectively, these new-generation bikes bring a host of exciting updates to the Indian market and they are already turning heads with their impressive features and competitive pricing.
Suzuki Motorcycle India reports 30 per cent rise in 2-wheeler sales at 103,336 units in August
Total domestic sales during August rose 28 per cent to 83,045 units as compared to 64,654 units in August 2022, it said. The company also sold 20,291 vehicles in the exports market in August, Suzuki Motorcycle India said. "We saw strong demand for our products within India, which has aided us in our continued growth," Suzuki Motorcycle India Managing Director Kenichi Umeda said.
Hero MotoCorp total sales rise 6 pc to 4,88,717 units in August
Domestic sales were at 4,72,947 units as compared to 4,50,740 units in August 2022, a growth of 5 per cent, it added. Exports, however, increased to 15,770 units from 11,868 units in the corresponding period of last year.
Royal Enfield Bullet 350 launched, prices start at Rs 1.73 lakh
Bike manufacturer Royal Enflied on Friday launched the highly anticipated Bullet 350, priced at Rs 1.73 lakh for the base model. Bookings have been opened on the company's website, with deliveries expected to begin from September 3, 2023. The 2023 Royal Enfield Bullet 350 is an update of the manufacturer's mainstay model, the Bullet, with a host of new features present in the latest edition.
New Royal Enfield Bullet 350 launched in India, prices start at Rs 1.73 lakh
Royal Enfield has launched the 2023 Bullet 350, with prices starting at Rs 1.73 lakh. The bike comes with new features such as a 349cc engine, new headlight and taillight, and a digital-analogue instrument cluster. It is available in three variants, with the top-spec variant featuring a blacked-out engine. The Bullet 350 will compete with the Honda H'ness CB350 and the Jawa Forty Two. Bookings are now open, and deliveries will begin from September 3, 2023.
