A Class XII student in Madhya Pradesh allegedly shot dead the principal of his school after being admonished for coming late. The student and his classmate escaped on the principal's scooter after the incident. Police are investigating the case and searching for the two students.
Domestic passenger vehicle wholesales declined by about 2 per cent year-on-year in August as companies curtailed dispatches to reduce inventory at dealers amid a drop in demand. According to data issued by the industry body Society of Indian Automobile Manufacturers (SIAM), the total passenger vehicle dispatches in the domestic market stood at 352,921 units last month compared to 359,228 vehicles in August 2023, a dip of 1.8 per cent.
The stellar growth in demand for scooters even during the slowdown has pushed these ahead of motorcycles, marking a shift in consumer taste, sales data till February 2014 shows.
The entry of SoftBank-backed Ola into the electric scooter (e-scooter) segment is set to power up the overall market and perhaps fast-track the adoption of battery-operated vehicles. But for manufacturers of internal combustion engine (ICE)-powered two-wheelers, such as Bajaj Auto, Hero MotoCorp, and TVS Motor, it will be a double whammy. Not only will they have to contend with the aggressive pricing of Ola's scooter and incur a loss at each unit of the e-scooter sold, the volumes of their regular (ICE) models, too, could feel the squeeze, observed analysts. Ola is expected to price its e-scooter in the range of Rs 85,000-1.1 lakh.
Be it performance, styling, features, refinement and price, the NTORQ ticks all the boxes, says Rajesh Alva.
Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.
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Maharashtra Scooters hit the 10% upper deck at Rs 86.95 today boosted by reports that Kolkata-based jute industrialist Joy Kankaria is eyeing a 27% stake in the company. \n\n\n\n
"The scooter industry is growing at a very fast rate and we see a good demand growth", M&M Vice President (sales and customer care) Dharmendra Mishra said.
While the scooter will take on Honda's Activa-i, the 150-cc Gixxer will rival the Yamaha FZ and Honda CB Trigger
Automobile exports from India in the first six months of the current fiscal year rose 14 per cent year-on-year, led by gains in shipments of passenger vehicles and two-wheelers. According to Siam data, the overall exports in the April-September period stood at 25,28,248 units, up 14 per cent as compared with 22,11,457 units in the year-ago period. "Key markets like Latin America and Africa, which had slowed down for various reasons, have bounced back.
Bajaj Auto, once known for its scooters which revolutionised the two-wheeler market in the country, on Wednesday said it will exit the segment by the end of the fiscal to focus exclusively on motorcycles. The company that by and large created the scooter market in the country through its popular 'Hamara Bajaj' campaigns in the 1980s and 90s, today sells just one scooter -- the 100-cc gearless Crystal.
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While Hero Honda is ramping up capacity by 50 per cent, HMSI is readying itself to launch a fourth product.
These are the bestsellers for their respective manufacturers
The company is currently carrying out test runs of about 50 electric scooters across various towns in the country.
From powering mobile devices, US chip designer Qualcomm has tied up with Ola Electric to power its electric scooters. Qualcomm is providing the key 4G connected octa core android platform which provides connectivity, computing capabilities and enables rich immersive displays with power saving software.
The first half of 2019-20 will be under pressure, since prices are expected to go up by Rs 7,000-8,000 at a time when sentiment is poor.
Hero has plans to set the Indian roads on fire with the launch of four new scooters in the next two years
The company is also planning to roll out three more products during the next financial year.
Mahindra to sell Peugeot scooters in North Africa
Led by Ola Electric, which registered an industry record of 53,186 vehicles in March, electric two-wheeler (e2W) penetration hit a record at 8.91 per cent - the highest ever for a month (based on Vahan data).
Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.
Preliminary investigation revealed that the victim, Harneet Singh Sachdeva, had visited a dhaba early in the morning and placed an order, said deputy commissioner of police (West) Vichitra Veer.
Mohali Police on Wednesday said it has arrested three youths, including an Agniveer, in a vehicle snatching case.
Auto major Mahindra & Mahindra said it has decided not to acquire the over 95 per cent stake in the beleaguered PSU firm Scooters India at present, as it has "various things" to do.
Opposition parties targeted the Chief Minister Bhagwant Mann-led state government over the law and order situation and demanded that he step down on moral grounds.
Scooters, which almost disappeared into the dark alleys of nostalgia, are making a grand comeback. The golden days of the early 80s, when scooters had a 64 per cent market share, are still far away. But the revival signals are strong.
The Bharatiya Janata Party on Thursday released its manifesto for the October 5 Haryana assembly polls, promising a monthly assistance of Rs 2,100 for women, two lakh government jobs for the youth and guaranteed government job for Agniveers hailing from the state.
Bhavish Aggarwal, founder and chief executive officer of Ola, is encouraging developers to switch from Google Maps to Ola Maps. Ola is offering developers a year of free access to Ola Maps on the company's Krutrim Cloud and over Rs 100 crore in free credits. This initiative comes after Ola replaced Google Maps with its own Ola Maps, leading to annual savings of around Rs 100 crore.
Peppy, powerful and practical these five scooters will set the Indian roads on fire in 2013.
Glimpses from the Bharat Mobility Global Expo in New Delhi.
TVS has launched a scooter which is aimed at male buyers and is priced at Rs 44,200.
Police arrested two persons after a woman travelling on a scooter with her husband was fatally knocked down allegedly by a BMW car in Mumbai's Worli area in the early hours of Sunday, an official said.
Hamara Bajaj may have walked into the sunset, but the sun is shining bright for other scooter manufacturers in the country.
Hero MotoCorp (HMCL) saw strong volume performance in the first quarter of the current financial year (Q1FY25), but margins disappointed due to weak spare part sales and negative electric vehicle (EV) margins. The company hopes for a strong festive season due to better rural sentiment. Revenue grew 16 per cent year-on-year (Y-o-Y) to Rs 10,140 crore, operating profit was up 21 per cent to Rs 1,460 crore, and adjusted net profit grew 19 per cent Y-o-Y to Rs 1,120 crore.
Domestic motorcycle market leader Hero Honda Motors on Monday said it would foray into scooter manufacturing and launch two motorcycle models this fiscal.
The new scooter will be an addition to the company's existing range of 125 cc scooters, Rodeo and Flyte that cater to different consumer segments.
