Bleak November auto sales: Bajaj Auto, Escorts report declines

With the pent-up demand getting exhausted and the overall economy reeling under the impact of rising inflation and the after-effects of two waves of COVID-19, auto sales seem to be coming under pressure post the festival period. Two of the earliest companies to report their November numbers, Bajaj Auto and tractor maker Escorts, have both […]

Royal Enfield starts assembling unit in Thailand, targets SE Asia

Royal Enfield, India’s largest retro, semi-premium motorcycle brand, said its third assembly plant outside India started operations in Thialand. The plant, which will assemble the parts manufactured at the main plants in Chennai in India, will cater to markets such as Indonesia and Vietnam, besides the Thai market. Due to ASEAN trade pacts, it is […]

Revolt bike network to expand to 75 cities by early 2022

RattanIndia Enterprises, led by IndiaBulls founder Rajiv Rattan, has announced plans to open Revolt electric bike showrooms in 60 new cities by early next year, which will take the total number of showrooms to 75. These new cities include Kolkata, Chandigarh, Lucknow and the national capital. The current crop of showrooms are located in Bangalore, […]

Hero MotoCorp to stick to scooters in major EV push in March

Hero MotoCorp, the world’s largest maker of motorized two-wheelers, said it will start its EV journey in March with a scooter developed fully in-house, but said current technology and battery prices prohibit the launch of electric motorcycles aimed at the mass market. The company has already announced that it would launch an electric vehicle in […]

TVS Motor Co announces expansion plans for South Africa

Chennai-based TVS Motor Company said it has signed a distribution partnership with ETG Logistics, part of a prominent South African business group present in over 70 countries across Africa, South East Asia, the Indian Sub-Continent, Latin America and the Middle East. ETGL will operate 30 dealerships for TVS Motor Company in South Africa as part […]

Desi firms enter race to make Li-ion batteries

Sharda Motor Industries, a New Delhi-based manufacturer of auto parts such as suspensions and catalytic converters, and the Kinetic group of Pune have become two of the rare Indian firms to dare to enter the cut-throat world of lithium-ion battery manufacturing. The supply of Li-ion batteries is currently almost completely controlled by Chinese companies, which […]

Hero’s battery swapping bikes could arrive early next year

Hero MotoCorp, which announced a partnership with Taiwan-based battery swapping company Gogoro, said its new range of e-bikes with swapping technology will hit the Indian market next year, possibly as early as Jan-Mar. Niranjan Gupta, Chief Financial Officer at the world’s largest two-wheeler maker, said the company is working on bringing out electric bikes that […]

Hero MotoCorp to introduce battery swapping network

Hero MotoCorp, the world’s largest maker of two-wheeler vehicles, today announced a tie-up with Taiwan-based Gogoro to introduce the latter’s battery swapping technology in India. Hero MotoCorp, one of the biggest makers of electric scooters in India, will bring Gogoro‚Äôs battery swapping platform to India. Under the agreement, Hero will get access to Gogoro’s innovations […]

TVS Motor ropes in global veteran as design head

TVS Motor Co, one of India’s top motorcycle makers, said it appointed industry veteran Timothy Prentice as vice president in charge of design. Having started his career at Honda’s US-based R&D team, Prentice won the Red Dot award for designing electric motorcycle Mission R in 2010. Prentice has helped brands such as Triumph Motorcycles, Polaris, […]

Hero to develop Harley Davidson bikes for India

Hero MotoCorp said it has signed an agreement to co-develop and sell “a range of premium motorcycles” with iconic US motorcycle maker Harley Davidson. The announcement comes a month after Harley Davidson decided to exit the Indian market due to poor sales. The company had been selling over 10,000 units per year during the peak […]

COVID not driving buyers to cheaper models: Bajaj Auto

Bajaj Auto, one of India’s biggest motorcycle manufacturers, said it is yet to see any down-trading or change of behavior among motorcycle buyers in India due to the COVID pandemic, and that demand is already at 80-85% of normal levels. Speaking to investors and analysts after the company’s quarterly results last week, executive director Rakesh […]

Bajaj takes aim at Royal Enfield, Jawa with Triumph tie-up

Bajaj Auto has just announced its grand entry into the retro-motorcycle market with a new partnership with 118-year-old British brand Triumph. The two companies will jointly develop and market retro-look motorcycles in the Indian market at prices less than Rs 2 lakh — the bread and butter segment for Royal Enfield and Jawa. Until about […]

BS-VI Transition: Last-minute discounts on Royal Enfield bikes unlikely

Royal Enfield, the country’s biggest maker of premium motorcycles, is unlikely to offer last minute, stock-clearance discounts as part of the BS-VI transition, given that strong festival sales helped clear out much of its inventory. According to company officials, the festival sales this year have been so strong that they have effectively cleared out any […]

Royal Enfield sales down 22% in July-September

Royal Enfield, the country’s most popular premium motorcycle brand, reported a 22% decline in its September quarter motorcycle sales, even as revenue for parent Eicher Motors fell 9%. Royal Enfield sold 1.63 lakh motorcycles during the three months, down from 2.10 lakh motorcycles sold over the same period in 2018, even as it invests heavily […]