Pune-based Kinetic Engineering on Wednesday launched its four-stroke Velocity motorcycle targetting the executive segment.
Indian auto component exporters may suffer a hit of 2,700 crore to 4,500 crore on their earnings after the imposition of steep US tariffs on key automotive parts, credit rating agency ICRA said in a note on Monday. The new 25 per cent tariff on engines, transmission, electrical components, and other auto parts may moderate the overall auto component industry's revenue growth to 6-8 per cent in 2025-26 (FY26), down from an earlier projection of 8-10 per cent.
Firodia talked about his plans for the EV-components business, and the components business at large for the group
Kinetic Engineering (KEL), the makers of the iconic Luna two-wheelers in the seventies, will soon start producing components for an electric version of the moped. Pune-based Kinetic said in September that Luna would make a comeback in an electric avatar. The electric Luna, or E-Luna, will be launched by KEL's sister company Kinetic Green Energy and Power Solutions.
In a bid to enhance shareholders' value, the Kinetic group is restructuring operations to house its two-wheeler and auto-component businesses in Kinetic Motor Company and Kinetic Engineering, respectively.
Kinetic Engineering on Tuesday launched India's most expensive motorcycle -- Comet 250 -- priced at a whopping Rs 167,000.
Kinetic Engineering on Wednesday said it has scaled up sales target of motorcycles to 150,000 units following good response for its 115cc motorcycle Velocity.
Kinetic Engineering on Thursday launched four new motorcycles - 115cc economy segment model Boss, 115cc executive segment model Velocity, performance segment model GF170 and premium segment model GF Laser.
The Symbiosis Institute of Management Studies, Pune, invites industry delegates and management students to attend its annual business seminar 4Thought--Khsitij ke Par.
Italian motorcycle major Cagiva has reached an agreement with Kinetic Engineering of Pune, where the latter is likely to start manufacturing single-cylinder Cagiva models developed in Italy.
Two-wheeler manufacturer Kinetic group has been mandated as a vendor for gear boxes for the Rs 1-lakh car by Tata Motors.
Finance Minister P Chidambaram on Thursday stood up for the noble cause of helping the disabled, not through concessions or subsidies, but by offering employment opportunities to them.
Kinetic Engineering Ltd, which sold a defective motorcycle to a customer in 2001, has been held guilty of 'gross' deficiency in service and unfair trade practice by a Delhi consumer court which also asked the company to refund him the bike's price.
Two-wheeler major Kinetic Engineering plans to sell 1,000 units of its new sports bike Comet 250 in India, a top company official said.
The National Consumer Commission has told KEL to refund the cost of Rs 41,970, besides compensation of Rs 5,000.
Armed with a new corporate logo, Kinetic Motor Company on Tuesday said it expected to turn around this year, while the sister concern Kinetic Engineering is expected to do the same next year.
Overnight, the Wall Street closed on a flatter note.
The lumbering Ambassador and Fiat cars, it ruled the Indian roads throughout the 1970s, while the Rajdoot and Jawa as well as the old Royal Enfield motorcycles trailed far behind.
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