The new scooter will be delivered to customers by the end of January and early February, Honda Motorcycle Scooter India Ltd (HMSI) Senior Vice President for Sales and Marketing Yadvinder Singh Guleria said at the launch here. With the new Activa 6G, the Japanese two-wheeler maker has introduced a host of new features offering latest technology.
Bajaj Auto Limited has launched the company's first electric scooter, the new Bajaj Chetak, with prices starting at Rs 1 lakh.The new electric scooter is the first product introduced under Bajaj Auto's new electric vehicle (EV) vertical, called Bajaj Urbanite, and will be offered in two variants. Image credit: www.chetak.com
"The Europe market is big and growing... the market there is very predictable... HNF is the entry point as we have gone from India to Germany. In the future we may also cater to other countries from there (Germany)," Hero Motors Company (HMC) Chairman Pankaj M Munjal told PTI.
The Society of Manufacturers of Electric Vehicle (SMEV) said after getting a "shock" when FAME II was implemented from April 1, 2019, the industry has devised ways to keep afloat by selling low to mid-speed vehicles, which don't qualify for incentives at heavy discount but incurring losses in the process.
The Race Edition comes with various design elements and features like LED DRLs and headlamp, hazard lamp among others. "Since its launch, TVS NTORQ 125 has become a darling of its Gen Z customers in Nepal," TVS Motor Company Executive Vice President International Business R Dilip said in a statement.
The firm was earlier looking at launching products in the 150cc motorcycle segment, but with the market moving towards higher-displacement bikes, the plan now is to introduce products in the 250-300cc range. Piaggio additionally is working on introducing an India-specific scooter in the next financial year and refreshing its range of products here under the Vespa brand.
Yamaha is studying parameters such as cost of ownership, infrastructure availability, policy roadmap, financing and other factors that might contribute to the electric vehicle ecosystem in the country. “We have been doing the feasibility study for a while now. The decision to enter the market has not been taken till now,” Yamaha Motor India chairman Motofumi Shitara said.
"We are seeing a decent 9-10 per cent growth in September-November compared to the same period last year. This is a positive sign after a weak July-August," Triumph Motorcycles India General Manager Shoeb Farooq told.
An assembly plant in Thailand is likely to go on stream in the next six months, while the company is exploring a facility for the Latin American market. The idea is to bring the cost down in countries where the import tariffs are high. It is looking at partners who could share the investment and offer local expertise in such markets.
TVS Motor Company on Monday reported 16.64% decline in total sales in November at 2,66,582 units. The company, which primarily makes two-wheelers and three-wheelers, had sold 3,19,965 units in the same month last year. Total two-wheeler sales during the month stood at 2,49,350 units as against 3,07,142 units in November 2018, down 18.81%.
Suzuki Motorcycle India Pvt Ltd (SMIPL) on Monday reported 23.39 per cent increase in total sales at 69,755 units in November. The company had sold 56,531 units sold in November last year, SMIPL said in a statement. Domestic sales during the month stood at 60,855 units as compared to 53,058 units sold in November 2018, a growth of 14.69 per cent.
The company had sold 4,06,930 units in the same month a year-ago. Domestic sales in November this year were at 2,07,775 units as against 2,34,818 units, showing a decline of 11.5 per cent, Bajaj Auto said in a filing to BSE. Total motorcycle sales stood at 3,43,446 units, a marginal decline of 0.8 per cent, as compared to 3,46,544 units sold in November last year.
Before the Imperiale 400 came along, the Leoncino 250 was the entry point to the Benelli range in India. It promises all the scrambler cool of its bigger sibling, the Leoncino 500, at a far more affordable price. But should you buy one? Autocar India's Firoze Irani tells you.