The country's largest two-wheeler maker Hero Honda today launched a new variant of its one of the best-sellers -- Super Splendor, priced at Rs 45,950 (ex-showroom, Delhi).
Hero Honda Motors Ltd, the world's largest two-wheeler manufacturer, has been named the title sponsor for the 2010 FIH men's hockey World Cup, to be held in Delhi in March. The announcement was made at a glittering ceremony on Monday, in the presence of International Hockey Federation president Leandro Negre, Indian Olympic Association president Suresh Kalmadi, Hockey India president A K Mattoo and the 1975 World Cup-winning members of the Indian team.
The victory at the Hero Honda Open West was worth Rs 1,62,000 for the Lucknow golfer.
Pulsar 220, the fastest bike in India, faces a challenge from new models on speed & style.
India's largest motorcycle maker Hero Honda Motors Ltd said on Thursday it posted a net profit of Rs 581 crore (Rs 5.81 billion) for the year ended March 31.
Hero Honda Motors on Friday reported a 13.4 per cent growth in its net profit to Rs 157.82 crore (Rs 1.58 billion) during April-June 2003 as against Rs 139.16 crore (Rs 1.39 billion) for the corresponding period last fiscal.
A slew of new products in the mid-segment line-up like Star City Plus and Victor, an agreement with global brand BMW to launch new range of bikes and a strong marketing push is what the Chennai-based automaker has up its sleeves to take on established players in the two-wheeler market.
Just as Hero Honda celebrated being the 'number one two-wheeler company' in the world for the sixth straight year, its numero uno status has been challenged by China South, the state-run bike producer of the Dragon country.
Hero Honda Motors Ltd on Wednesday said it would pump in Rs 200 crore (Rs 2 billion) this fiscal for capacity expansion and new model launches, including its much-awaited scooter models.
Bike market leader Hero Honda has chalked out a Rs 320 crore (Rs 3.2 billion) investment plan for 2006, which includes about Rs 250 crore (Rs 2.5 billion) for setting up a third plant, Pawan Kant Munjal, managing director said.\n
India's biggest motorcycle maker Hero Honda Motors on Thursday said its sales grew by 23.4 per cent during 2003-04 over the previous fiscal.
Maruti Udyog Ltd reported on Thursday a 61.6 per cent increase in domestic vehicle sales during February at 59,095 units as against 36,608 units in the same month last year.
VFR1200F is a concept driven by extensive customer needs", said Honda Motorcycle & Scooter India president and chief executive officer Shinji Aoyama.
While tech stocks led the gains, Old Economy and defensive sector stocks also contributed significantly to the market rally.
In the years that the economy boomed and consumers had more money to spend, two-wheeler makers lured buyers with performance and presence. Now, the focus is back on fuel efficiency.
The market seemed to be shrugging off broad war concerns today at least, as players reckoned that corporate results for Q4 ended 31 March 2003 will turn out an improvement over previous quarters at least.
Bajaj Auto's ambition to zoom ahead of market leader Hero Honda in the entry-level motorcycle segment (75-125 cc) has taken a hard knock.
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Two-wheeler major Hero Honda on Wednesday announced launch of its first scooter 'Pleasure' which would hit the market by mid November.
After termination of the joint venture with Honda Motor Corporation (HMC), the world's single largest two-wheeler manufacturer Hero Honda has begun scouting for partners globally to source technology and designing expertise.
It has been a decade since Bajaj launched its bestselling bike model -- Pulsar. Here's looking back at the bike that changed the way we travel.
Japan's Honda Motor Company on Wednesday renewed its technical collaboration agreement with Hero Honda Motors for ten years.
The bike does look slightly awkward in pictures but look at in person and it changes your opinion. Ride the ZMR and it will change your thoughts as well.
While Hero Honda is ramping up capacity by 50 per cent, HMSI is readying itself to launch a fourth product.
HMSI is now planning to introduce a 200cc bike that would battle with Hero Honda's Karizma and Karizma ZMR.
In what may pave the way for Honda Motor's exit from Hero Honda, their joint venture with India's Hero Group, the latter has agreed to royalty payments of eight per cent of overall sales per annum to the Japanese automaker in return for a technology makeover and a stake sale.
The Ayanagar weather station recorded 122.8 mm between 8.30 am on Wednesday and 8.30 am on Thursday, which was 11 times the normal rainfall.
After many attempts, Bajaj finally has a bike to counter Hero Honda in the 100cc segment.
Led by market leader Hero Honda, two-wheeler manufacturers posted an impressive growth in sales during the month of November on the back of favourable bank lending rates and a good response to new launches. Heavy promotional campaigns and sales offers by most companies also aided demand.
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Gurugram police has assured residents that it is drawing out a detailed plan to avert traffic jams during rains this year.
Analysts tracking listed companies like Hero Honda, Bajaj Auto and TVS Motors have said sales forecast for the two-wheeler industry for the next few months looks very bleak as spiralling input costs, high lending rates and reducing availability of finance will put brakes on sales growth. ICICI Bank's has already withdrawn from advancing loans at two-wheeler dealerships.
Products and services targeted at socio-economic categories A and B may sell well during a boom; but for all-weather sales you must have products that sell in large numbers in small towns and villages.
The Mumbai-based company will take on Hero Honda, Bajaj Auto and HMSI and will have models in the 100cc, 125cc and 150cc mobike segments, and also in the ungeared low and high-powered scooter segments. Hero Honda has a 60 per cent share of the motorcycle segment, while HMSI commands a 58 per cent of the scooter market. Anand Mahindra said: "Our two-wheeler project is complete; we have already begun marketing the fleet in Bangalore."
Honda Motorcycle and Scooter India (HMSI), Suzuki Motorcycle India (SMI) and Yamaha Motor India (YMI) are building motorcycles and scooters to suit the Indian market. The models will be manufactured at the company's research and development centres in Japan and will use new platforms.
Bajaj Auto, which commands a market share of 26.70 per cent following Hero Honda (the country's largest two-wheeler maker), has decided to launch a bike in the executive segment (125cc) in the second quarter of the current financial year.