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).
While the scooter will take on Honda's Activa-i, the 150-cc Gixxer will rival the Yamaha FZ and Honda CB Trigger
"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.
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 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.
Mohali Police on Wednesday said it has arrested three youths, including an Agniveer, in a vehicle snatching case.
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.
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.
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.
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.
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.
Maruti Suzuki, Hyundai and Tata Motors reported a decline in wholesales in September as the companies curtailed dispatches to dealers to reduce inventory build-up amid a decline in demand. Maruti Suzuki India reported a 4 per cent dip in total domestic passenger vehicle wholesales last month to 144,962 units compared to 150,812 units in the year-ago month. The auto major said sales of mini segment cars, comprising Alto and S-Presso, grew marginally to 10,363 units against 10,351 units in September 2023.
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.
After Sita Raman, this is a Dulquer Salmaan film that has won Divya Nair's heart.
These are the bestsellers for their respective manufacturers
While Hero Honda is ramping up capacity by 50 per cent, HMSI is readying itself to launch a fourth product.
Passenger vehicle wholesales in India declined 2.5 per cent year-on-year to 341,510 units in July, impacted by high base effect as well as companies reducing vehicle dispatches to dealers amid moderation in demand. The overall passenger vehicle (PV) dispatches from companies to dealers stood at 350,355 units in July 2023, automobile industry body Siam said on Wednesday.
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.
The company is currently carrying out test runs of about 50 electric scooters across various towns in the country.
The much-delayed decadal census exercise and the work to update the National Population Register (NPR) are likely to begin early 2025 and the data will be declared by 2026, thus changing future census cycles completely, official sources said.
Hero MotoCorp, a major player in the two-wheeler market, has seen a 9 per cent rise in its stock since the beginning of the month. This increase, driven by the largest motorcycle company by volume, is attributed to expectations of a revival in rural sales due to normal monsoons, government measures to boost consumption, recent market share gains, and a large valuation discount compared to peers. In the near term, the company's volume performance and growth trajectory, particularly in rural markets and entry-level segments, are expected to be key drivers.
Glimpses from the Bharat Mobility Global Expo in New Delhi.
Hero has plans to set the Indian roads on fire with the launch of four new scooters in the next two years
'I want to tell everybody there is nothing in the world that you can't do.' 'If you apply your mind, you can do anything and everything.'
The company is also planning to roll out three more products during the next financial year.
Mahindra to sell Peugeot scooters in North Africa
Christina Rindiki's all-women team on the India-Myanmar border in Champhai, Mizoram, delivers 300 plus Amazon packets daily. The women handle all aspects of the operation and made around 450 deliveries per day this month alone. This is their story.
Leading carmakers Maruti Suzuki and Hyundai on Thursday reported a dip in wholesales in July as companies reduced vehicle dispatches to dealers amid moderation in demand. Maruti Suzuki India said its total domestic passenger vehicle sales stood at 137,463 units in July against 152,126 units in the year-ago month, down 9.64 per cent.
Can Bhavish Aggarwal upend the electric two-wheeler market, which is now overwhelmingly in favour of scooters?
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.
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.
Umar Ganie captures tourists frolicking in the snow in Doodhpathri, Budgam district.
Peppy, powerful and practical these five scooters will set the Indian roads on fire in 2013.
TVS has launched a scooter which is aimed at male buyers and is priced at Rs 44,200.
TVS Motor Company has relaunched its popular electric scooter, the TVS iQube, in Maharashtra with new variants and colours.
Hamara Bajaj may have walked into the sunset, but the sun is shining bright for other scooter manufacturers in the country.
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.
Domestic motorcycle market leader Hero Honda Motors on Monday said it would foray into scooter manufacturing and launch two motorcycle models this fiscal.
Riding a snow scooter is a major tourist attraction in Manali.
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