Riding on an improved show across parameters, TVS Motor (TVS) outperformed larger two-wheeler peers Hero MotoCorp (Hero) and Bajaj Auto (Bajaj) during the September (Q2 of FY23) quarter. The Chennai-based firm, which has the most-diversified portfolio among two-wheeler majors, posted a 28 per cent jump in revenues. This compares to 18 per cent growth for Bajaj Auto and single-digit uptick for Hero MotoCorp.
A police inspector and a constable have been injured after being allegedly attacked by a man and his 24-year-old son in southeast Delhi while initiating action against them for an unlawfully modified motorcycle silencer, officials said.
'You have to separate the concept of India as a nation State which is very young and the Upanishadic wisdom which is timeless.'
Eicher Motors' shareholders in its recently held annual general meeting (AGM) have rejected a proposal for re-appointment of Siddhartha Lal as the company's managing director for a period of five years with effect from May 1 this year. During the company's 39th AGM, which was held earlier this week, the members also rejected the proposal of increasing Lal's remuneration. While 73 per cent of the votes favoured the re-appointment, the rest 27 per cent were against it.
Glimpses from the Bharat Mobility Global Expo in New Delhi.
The stock of two wheeler maker Eicher Motors was the highest gainer among BSE 100 stocks, rising 6.6 per cent in trade on Friday. The gains came on the back of better than expected performance in the March quarter of the 2022-23 financial year (Q4FY23) and earnings upgrades by brokerages. Standalone revenues (Royal Enfield) were up 19.9 per cent year-on-year (YoY), led by an 18 per cent growth in volumes and a marginal uptick in realisations.
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.
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.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Friday reported robust sales for February as demand for sports utility vehicles continued to remain strong. Mahindra & Mahindra, Toyota Kirloskar Motor and Honda Cars also witnessed higher vehicle dispatches to dealers last month. February turned out to be the third-best month for sales for the industry ever.
IMAGES from the IPL 2024 Eliminator played between Royal Challengers Bengaluru and Rajasthan Royals in Ahmedabad, on Wednesday.
Royal Enfield sees its scale and dominant market share as adequate buffers against Bajaj's recent challenges, says Ajay Modi.
Engaging fifties by skipper Smriti Mandhana and star all-rounder Elysse Perry took Royal Challengers Bangalore to a formidable 198 for three against UP Warriorz in their Women's Premier League match in Bengaluru on Monday.
The launch of a range of electric motorbikes (e-bikes) by Bengaluru-based Ola Electric, a first for the company, has disconcerted the industry because the low price the firm claims to be offering has the potential to disrupt the market. On August 15, Ola unveiled its Roadster series e-bike with a starting-price at Rs 74,999. This new pricing undercuts the previous lowest price in the category, which was Rs 110,000.
Flash Electronics alleges Royal Enfield infringed its patent on regulator rectifier device.
It has been seven months since the iconic motorcycle manufacturers, Harley-Davidson and Triumph, embarked on their journey in India with the backing of partners Hero MotoCorp and Bajaj Auto. According to data shared by the Indian majors, both brands are already creating ripples in the above 350cc category. The increase in sales has prompted a ramp-up in production and even the doubling of retail touchpoints for one of them.
Once the upcoming plant at Oragadam is operational, the company will have an annual manufacturing capacity of 150,000 bikes.
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...
Maruti Suzuki India and Hyundai reported single-digit sales growth in July with the sports utility segment continuing to drive overall demand in the market. Mahindra & Mahindra witnessed a 29 per cent increase in passenger vehicle dispatches while Tata Motors saw a marginal increase in the wholesales last month. Maruti Suzuki on Tuesday said its total domestic passenger vehicle sales stood at 152,126 units last month as compared to 142,850 units in the year-ago month, a growth of 6 per cent.
The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...
Available at Rs 2.14 lakh in Mumbai, Continental GT looks like a million bucks thanks to its retro design
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.
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.
General Motors India on Monday launched a limited edition of its mid-size car 'Corsa Royale' in a bid to create product excitement and increase sales.
In the two-wheeler segment, Bajaj Auto reported 31 per cent jump in total sales at 357,883 units in February against 273,513 units in the same month last year.
Auto industry volumes have grown by 2.5 per cent overall, led by domestic sales of three-wheelers, two-wheelers and passenger vehicles (PVs) in the first quarter of this financial year. Analysts predict an 18 per cent growth in revenues for automotive original equipment manufacturers (OEMs) and profit growth of 69 per cent year-on-year (YoY). However, on a sequential basis, a decline in revenues as well as earnings before interest, taxes, depreciation, and amortisation (Ebitda) margins is expected.
Does a big multi-cylinder motorcycle need to be expensive? Royal Enfield does not think so, says Jehan Adil Darukhanawala.
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.
Companies are ranked by total revenues.
At Rs 18,400 per share, value up 100 times since Lehman crisis
Triumph's portfolio includes high-powered bikes such as the Daytona 200, Rocket III, SuperSports Daytona 675R and Tiger 800, apart from its iconic Bonneville family.
Can Bhavish Aggarwal upend the electric two-wheeler market, which is now overwhelmingly in favour of scooters?
After lagging behind other segments in the automotive (auto) space over the past few years, two-wheelers are expected to reverse their volume underperformance. After witnessing a 36.3 per cent volume decline over the 2018-19 (FY19) through 2021-22 (FY22) periods, the sector staged a recovery in 2022-23 (FY23), with volumes rising 17 per cent. While volumes are still a quarter lower than the FY19 peak of 21 million units, a double-digit growth trajectory is expected to prolong.
The Indian Navy continues to monitor the situation very closely with all stakeholders and remains committed to ensuring the safety of merchant shipping in the region, it said in a statement.
The two-wheeler segment is, however, still far from its H1FY19 peak of 9.7 million units
UM Motorcycles has entered the Indian market with two new models. BikeDekho takes the duo for a spin to see if they've been worth the wait...
The two-wheeler sector has been underperforming its peers on the volumes front for over five quarters now. Even in the March quarter, Bajaj Auto and Hero MotoCorp posted a 17-24 per cent YoY decline in volumes, the sharpest in the listed auto universe. The ongoing impact of frequent price hikes, all-time high fuel prices, and muted rural sentiment has led to the lacklustre showing by two-wheeler makers. What has aggravated the situation for two-wheeler companies, which get almost all their sales from the internal combustion engine or ICE-based units, is the traction for electric two-wheelers (EV).
Maxwell took on the bowling and clobbered Chris Morris for 22 big runs, smoking the bowler to all parts of the park with a six and then three consecutive fours to log 7,000 runs in the IPL.
Cruising comfortably in the 70s, Royal Enfield sputtered to a stop in the 90s, before its comeback in the first decade of the 21st century.
24 months and counting... Manas Dewan recounts his childhood fascination with Royal Enfields and his experience of covering 12,000+ kilometres on his Desert Storm.
