To strengthen its market share, bike maker Yamaha on Wednesday introduced new variants of its premium segment bikes FZ16 and FZ-S with some added features, priced at Rs 65,000 and Rs 67,000 (ex-showroom, Delhi), respectively.
The motorbike giant will be rolling out an influential 250cc engine sports motorcycle in the Indian market within two years.
Japanese motorcycle major, Yamaha Motor Co, has drawn up a Rs 800 crore (Rs 8 billion) capex plan and is eyeing a 10 per cent marketshare in the fast growing high-end motorcycle market in India, a top company official said.
Motorcycle maker Yamaha Motor India on Thursday launched Crux S.
Yamaha Motors India on Thursday said it will invest Rs 400 crore (Rs 4 billion) in the next three years to expand operations and for setting up a new manufacturing plant.
Motorcycle maker Yamaha Motor India on Monday said it would invest Rs 400 crore in the next three years and aimed to break even in 2005 besides phasing out the Rajdoot and RX135 models.
Japanese two-wheeler major Yamaha Motors said on Wednesday it may consider setting up a new plant in south India by 2010.
The Chennai facility will produce both bikes and scooters.
The two-wheeler segment has shown signs of recovery in the first half (H1) of calendar year (CY) 2024, largely driven by improving performance in rural areas. According to the Federation of Automobile Dealers Associations, rural contribution to two-wheeler sales surged by 57-60 per cent in the April-June quarter of 2024-25, indicating a rising demand in these regions. Experts believe that this trend will continue, supported by a favourable monsoon season and government initiatives aimed at rural development.
Poor contract workers often have little or no access to safety equipment or health benefits in factories.
Maruti Suzuki posted a marginal increase in January and the likes of Hyundai, Ford and Mahindra & Mahindra reporting a single-digit growth.
...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.
The limited availability of flexible (flex)-fuel vehicles in the Indian market and the slow rollout of ethanol-blended petrol by oil-marketing companies (OMCs) remain major obstacles to achieving widespread use of biofuels in the transportation sector in India. Recently, two Union ministers have emphasised India's biofuel potential, arguing that it has the capacity and potential to lead a transition towards widespread biofuel adoption. Road Transport Minister Nitin Gadkari signalled that this transition is well underway and urged car manufacturers to quickly adapt and introduce new biofuel-run vehicles, lest the government resort to taxing diesel vehicles.
The measures government takes next to push economic growth will be the key for automotive sector
Leading automakers Maruti Suzuki India, Hyundai Motor, Kia Motors and Tata Motors reported sales growth in the domestic market in November, aided by robust offtakes amid the festival season. While Maruti Suzuki India reported marginal growth, Hyundai logged in its highest ever monthly sales in November. Others like Honda Cars India, Toyota Kirloskar Motor, Mahindra & Mahindra and MG Motor India also reported sales growth in November as compared with the same month last year.
Companies like Yamaha Motor India, Honda Motorcycle and Scooter India, Suzuki Motorcycle India and TVS Motors are all geared up to launch bikes to shake-up Bajaj's stronghold -- the 150-250-cc segment
The traffic tells a story. During the lockdown, it took 45 minutes to zip through the deserted 35-km stretch from Chennai to reach the automobile heart of Sriperumbudur-Oragadam, where the big names of the car industry - Hyundai Motor India, Renault-Nissan India, Daimler India Commercial Vehicles, Apollo Tyres, and Royal Enfield - are based.
Sachin Tendulkar, Virat Kohli, Katrina Kaif, Ranbir Kapoor and Alia Bhat all turned up at the 13th edition of the gala car fair.
Production at every automotive facility, offices of information technology firms and retail establishments in the state remained shut on Tuesday as a mark of respect to the late chief minister.
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