The tariff removal will lower prices of Harley's large-displacement imported motorcycles, which retail between 14.5 lakh and 45.8 lakh but after the duty cut volumes are expected to remain modest.
The stock of automative major Eicher Motors hit its all-time high on Wednesday, capping the year with gains of about 52.7 per cent. It has comfortably outperformed its sector index, the Nifty Auto, which jumped 22.7 per cent, as well as the benchmark Nifty, which rose 10 per cent during this period.
Indian motorcycle maker Royal Enfield on Tuesday announced starting a manufacturing unit and a showroom in Bangladesh, marking a major industrial development in the neighbouring country where the former prime minister Sheikh Hasina fled in August after weeks-long protests against her. The manufacturing facility in Chauddagram in Cumilla district is Royal Enfield's sixth outside India and besides the one in Tamil Nadu. Royal Enfield, the global leader in the mid-size motorcycle segment, has set up the facility in collaboration with IFAD Motors.
Leading automakers Maruti Suzuki, Tata Motors, Mahindra & Mahindra, and Hyundai Motor India posted higher sales in January riding on the growth momentum ushered in by the GST reforms in the festive period last year.
Royal Enfield is planning to introduce its electric bike initially in developed markets such as Europe and the US where it anticipates better traction for the premium product, a top company executive said on Tuesday. Royal Enfield, a division of Eicher Motors, forayed into electric bike space on Monday with the unveiling of its first model under the all-new Flying Flea brand.
With demand continuing to be strong post the festive season, leading automakers, Maruti Suzuki, Tata Motors and Mahindra & Mahindra, saw robust growth in sales in November as compared to the same month last year. Maruti Suzuki India reported the best-ever total sales, including exports, last month at 229,021 units, a year-on-year growth of 26 per cent as compared to November last year.
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The Royal Enfield Himalayan might boost the motorcycle touring culture in India with its off-road prowess and affordable cost, says Indian automobile website MotorBeam.
Royal Enfield sees its scale and dominant market share as adequate buffers against Bajaj's recent challenges, says Ajay Modi.
Hero MotoCorp and TVS Motor crossed Rs 1,000 crore in R&D spend for the first time, as legacy OEMs accelerate innovation to compete with new-age EV players.
Given the stronger rural activity, and potential goods and services tax (GST) impact, investors are bullish on the two-wheeler (2W) segment. In August, dealers in the domestic market picked up 11 per cent more 2Ws year-on-year (Y-o-Y), despite only 2 per cent growth in retail registrations. This indicates inventory stocking ahead of the festival season. Export trends were good. TVS Motor and Royal Enfield may have gained domestic market share.
Leading automakers Maruti Suzuki, Hyundai, Mahindra, and Tata Motors saw a dip in dispatches to dealers in August amid dip in demand with many prospective buyers postponing their buys anticipating a reduction in vehicle prices on account of the new GST framework. The country's largest carmaker Maruti Suzuki India reported an 8 per cent year-on-year dip in dispatches of passenger vehicles in the domestic market last month.
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Auto majors Maruti Suzuki, Tata Motors and Mahindra & Mahindra reported robust sales in September as reduced price tags owing to GST rationalisation led to record demand in the Navaratri period. The month also saw Tata Motors and Mahindra & Mahindra settling at number two and three positions, respectively in vehicle wholesales ahead of Hyundai Motor India.
Flash Electronics alleges Royal Enfield infringed its patent on regulator rectifier device.
The Interceptor 650 and Continental GT 650 have been game changers in the upper part of the mid-size segment, with compelling style and highway capability.
The Royal Enfield Continental GT is powered by a 535cc and belts out 29.1 BHP of peak power and 44 Nm of peak torque.
'If you look at the big opportunity, it is sitting in markets like India, Southeast Asia and Brazil. The US and Europe are very strategic markets for us because they tell us whether we're fit to compete.'
Royal Enfield at the moment is working on two new platforms for India and other markets. The first new bike on this platform will be the Himalayan, which is a trademark registered by the company.
Once the upcoming plant at Oragadam is operational, the company will have an annual manufacturing capacity of 150,000 bikes.
The Royal Enfield Thunderbird 500X is sporty and macho. However, several bothersome issues need to be addressed, says P Tharyan.
This is a precautionary service intervention, and will be undertaken across the UK, rest of Europe and South Korea, the company said.
Heavyweight mobike maker Royal Enfield on Friday launched a 500 cc variant of its popular cruiser bike Machismo priced at Rs 1.05 lakh (on road in Chennai).
How does the Royal Enfield Himalayan launched as the country's first budget adventure tourer fare against Mahindra Mojo, launched last October? Team BikeDekho finds out...
There was more to the launch of Thunderbird 500. Rediff.com's Rajesh Karkera was at the glitzy event where Royal Enfield's brand new bike was unveiled. Here's what is new in the he saw
The latest mean machine from Royal Enfield will set you back by just Rs 2.05 lakh!
Any defect identified by the expert would have to be rectified within one month, failing which compensation of 5,000 per day would be payable.
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One is brattishly American, the other exudes British elegance. And yet the contribution of both Harley Davidson and Royal Enfield remains unparalleled. Rajpal Singh takes a look at the history of the two iconic bike manufacturing companies.
The Bullet 500 is here and we are all drooling already!
The Bullet 500 is here and we are all drooling already!
The much-awaited 500cc version of Thunderbird was launched in Mumbai amidst much fanfare.
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As Royal Enfield plans expanding its plant capacity, rumours of 750cc and 1000cc machines have been flying thick and fast.
Does a big multi-cylinder motorcycle need to be expensive? Royal Enfield does not think so, says Jehan Adil Darukhanawala.
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Royal Enfield has a long history behind it. The early days of the company date back to the 19th century. What started as a company making lawnmowers is now one of the most desired brands in the world.
The all-new bikes with a 500 cc engine will target exports, while the 350 cc engine bikes will be marketed in the domestic market from the current financial year.
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