Hero MotoCorp, India's largest two-wheeler maker, has seen a decline in its market share in rural areas since 2018, losing ground to major competitors such as TVS Motor Company, Bajaj Auto, and Honda Motorcycle & Scooter India (HMSI), according to data from JATO Dynamics reviewed by Business Standard. Hero's share of rural two-wheeler sales in India has dropped from 40.4 per cent in 2018 to 33.3 per cent in 2023. In contrast, Bajaj's share increased from 12.7 per cent in 2018 to 13.9 per cent, HMSI's from 21.8 per cent to 22.2 per cent, and TVS' from 15.5 per cent to 17.8 per cent. Suzuki Motorcycle India has also seen its share rise from 1.7 per cent to 2.5 per cent.
Panagariya urged the government to undertake labour law reforms and make land acquisition more flexible to attract the multinationals.
Known for his passion for vehicles, India captain Mahendra Singh Dhoni has added a brand new 'Hummer' worth around Rs one crore to his already rich collections. The H2 2009 Hummer will definitely get the pride of place among Dhoni's Toyota Corolla, Scorpio, Mitsubishi Pajero, Harley Davidson, Yamaha 650cc sports bike, Kawasaki Ninja and other two wheelers.
After Ducati, Harley Davidson and big bikes from Suzuki, Yamaha, Honda and Kawasaki it's now the turn of the iconic British bike-maker Triumph Motorcycles to make its move in India.
The least expensive among these starts at Rs 22,60,560, according to a list compiled by MotorBeam.com
The India Bike Week in Goa was a celebration of the joy of biking
What does it take for a brand to achieve iconic status
India imposes over 100 per cent duty on imported vehicles and the likes of American cult bike maker Harley Davidson had made noises in the past asking to bring down the rates.
Nithya Ramani shares with us her experience of riding the much-envied bikes that have come to India
American automaker Ford on Thursday said that it had withdrawn plans to manufacture electric vehicles (EVs) in India and it won't invest in the country under the performance-linked incentive (PLI) scheme. "After careful review, we have decided to no longer pursue EV manufacturing for exports from any of the Indian plants. "We remain grateful to the government for approving our proposal under the PLI and for being supportive while we continued our exploration. "Ford India's previously announced business restructuring continues as planned, including exploring other alternatives for our manufacturing facilities.
India has raised tariffs on 28 items, including almond, pulses and walnut, exported from the US in retaliation to America's withdrawal of preferential access for Indian products.
As mangoes from Indian orchards are ready for shipment to the US, Harley Davidson will soon cruise on Indian roads with the government relaxing emission norms for the American luxury bike.
The ex-Marine is on a mission to capture the Indian market for heavyweight bikes.
Can the Bajaj-Triumph tie up overtake the beloved Royal Enfield?
As Royal Enfield beats Harley Davidson in sales, we are inviting you, our dear readers to share your Enfield story!
The woman who broke stereotypes breathed her last on April 11 this year.
The two-wheeler segment is, however, still far from its H1FY19 peak of 9.7 million units
Harley-Davidson's Breakout is a great bike for weekend getaways, but its biggest challenge is its limited manoeuvrability and reluctance to take tight corners, says Arup Das.
Trump said the relationship with both India as well as the country's Prime Minister Modi "is great".
The high import duty on Harley-Davidson bikes has been a sore spot for the US president, who reiterated his displeasure, saying the US was "getting nothing" out of the recent tariff cut from 100 per cent to 50 per cent.
Automotive (auto) and auto ancillary stocks have been in the fast lane thus far in 2023-24 (FY24), with the National Stock Exchange Nifty Auto Index surging nearly 27 per cent, outperforming the Nifty50, which has gained roughly 11 per cent during this period. The top-gear performance of auto stocks at the bourses, according to A K Prabhakar, head of research at IDBI Capital, has been triggered by the premiumisation of products across vehicle manufacturers, which has seen vehicle sales remaining relatively stable. "It is not about higher sales figures now, but about premiumisation.
Royal Enfield's sales are equivalent to the global sales of Harley-Davidson, KTM, BMW, Triumph, and Ducati combined, but Bajaj's MD has a counterview.
The legendary motorcycle manufacturer has launched the Fat Bob for a cool Rs 12.8 lakh.
What worked for Hyundai in India when so many other auto manufacturers have had to eat humble pie? Pavan Lall finds out.
With sentiment for the automotive (auto) sector turning positive, stocks of two-wheeler auto majors have been hitting their 52-week highs. Hero MotoCorp, Bajaj Auto, TVS Motor Company, and Eicher Motors recently reached their yearly highs on strong sales in the festival season and the expectation of faster growth rates ahead. Since the start of this month, listed two-wheeler majors have delivered returns in the 12-17 per cent range, compared to the 7 per cent gains for the S&P BSE Auto Index and 3 per cent for the benchmark S&P BSE Sensex.
In the Rs 35-50 lakh range, these superbikes can make your presence special, wherever you take them
'New Delhi and Washington are now on the same page, on dealing with growing Chinese assertiveness, across the entire Indo-Pacific region,' notes Ambassador G Parthasarathy, Chancellor, Central University of Jammu.
The Hyosung GV650 Aquila Pro isn't cheap but is the most affordable big cruiser in the market today, feels Faisal Ali Khan.
With DSK Hyosung launching a cruiser and sports bike recently, the Indian superbike market will be on fire in 2013 with Harley Davidson and Kawasaki adding oil to it. The Indian superbike enthusiasts, however, will be spoilt for choice.
The Himalayan is the company's second motorcycle after the Continental GT to move away from its age-old cruiser design
Welcome the latest addition to the Harley family -- the super sexy Fat Bob
Ducati has finally launched its latest motorcycle, the Diavel for India. The company is offering its latest and best to Indian customers in three variants. The standard variants, the Carbon variant and the Carbon Red.
India's largest two-wheeler maker by volume - Hero MotoCorp (Hero) - posted a better-than-expected operating performance in the January-March (fourth quarter, or Q4) quarter of 2022-23 (FY23). Riding on higher average selling prices which were up 5 per cent year-on-year (YoY) and volume growth of 7 per cent, the company registered a 12 per cent growth in revenue to Rs 8,306 crore. The company sold 127,000 units in the quarter, largely driven by domestic sales which were up 11.6 per cent, while exports saw a sharp fall of 57 per cent over the year-ago quarter.
Let us know which are the best stretches for motorcycle enthusiasts. Write in to us with your road trip photographs/blogs and memoirs.
Anyone and everyone can be a part of this fitness challenge.
Skoda Auto, Volvo Cars and Daimler India Commercial Vehicles are not participating in the Expo.
The move will primarily impact luxury car companies like Mercedes Benz, BMW, Audi and Volvo and bike brands like Triumph and Harley Davidson.
Ford dealers in India are staring at huge losses with the automaker deciding to shut production in the country with immediate effect, automobile dealers' body FADA said on Thursday. Terming the company decision as shocking, the industry body noted that the dealers have invested over Rs 2,000 crore in creating sales infrastructure while employing around 40,000 people across the country. "The auto retail fraternity is really shocked to hear another Ford India's announcement where it has said that it will shut down production with immediate effect," FADA president Vinkesh Gulati said in a statement.
The commerce department has said that earnings through the new tax will equal the losses faced by Indian industry after the US tariffs on steel and aluminium.
