The report also highlights that motorcycles are a common target, with 656 stolen and 3,385 reportedly taken from various parts of the city this year so far
This is the second time in recent months that the company is increasing the production capacity of this model
Price rise would be upto Rs 1500 varying with models
Global motorcycle shipments, including those of Cruiser, Trike and Touring bikes, fell 7% in the quarter from a year earlier
Family members of Chairman Emeritus of TVS Motor Company Venu Srinivasan have entered into an understanding to avoid competition and the usage of certain trademarks, including TVS, in defined business areas, the company said on Friday. A Memorandum of Understanding (MoU) was executed on March 21, 2024, by Venu Srinivasan, Chairman and Managing Director of TAFE - Tractors and Farm Equipment Ltd Mallika Srinivasan, Director of TVS Motor Co and Deputy Managing Director of TAFE Motors and Tractors Ltd Dr Lakshmi Venu, and Sudarshan Venu, Managing Director of TVS Motor Co. The company is not a party to this MoU, the TVS Motor Company said in a regulatory filing. Lakshmi Venu and Sudarshan Venu are children of Venu and Mallika Srinivasan. Under the MoU, Sudarshan Venu has agreed that he and persons controlled by him shall not use certain trademarks, including TVS, in relation to certain businesses including design, manufacturing and supply of aluminium and magnesium die castings or machi
Bajaj Auto is developing a portfolio of CNG motorcycles, and the first such bike will hit the market next fiscal under a new brand, Bajaj Auto Executive Director Rakesh Sharma said on Wednesday. The company wants the government to consider lowering GST on such CNG bikes -- which will serve as a bridge to full electrification -- to around 12 per cent as it seeks to replicate the success it has witnessed in the CNG three-wheelers to the motorcycle segment as well. "We are putting our money where our mouth is. We feel CNG is a great option for the country, for the society and for the riders. We have proven this in three-wheelers and now we want to extend this into two-wheelers," Sharma told PTI in an interview. "It will not be only one vehicle but it will be a range of vehicles across segments. We will fill up the portfolio, we may not present it in one go but the idea is to have a portfolio of CNG motorcycles." Asked about the timeframe for the CNG bikes to hit the roads, he said, "I
The Royal Enfield's Himalayan 450 is about to launch today, November 24, 2023. The bike comes with a Sherpa 450 engine for the first time. Here's all you need to know about it
In the video, the biker can be seen driving the bike at a high speed on one wheel by raising the front wheel off the road for a brief period and bursting firecrackers
The new Himalayan will be Royal Enfield 452 will be a 451.65 cc, liquid-cooled engine which produces 40 break-horse power (bhp) and around 45 Nm of peak torque at 8,000 rpm
The bike is available in three colours: Racing Red, Ebony Black, and Metallic Pearl White
Aimed at a global audience, the Bullet is available for bookings in India starting Friday, and retail and test rides will begin from 3 September 2023
This time the company has teamed up with Hero Motor Co, the world's largest motorcycle maker, to make the bikes with prices below Rs 2.33 lakh ($2,841)
Honda Motorcycle and Scooter India (HMSI) on Wednesday said it has unveiled an extended warranty initiative for all scooter and motorcycle models up to the 250 cc segment. The initiative enables customers to acquire an extended warranty within a flexible window of 91 days to ninth year from the date of vehicle purchase, the two-wheeler major said in a statement. The programme not only grants customers a comprehensive 10-year warranty coverage but also offers renewal options that remain transferable even in the event of a change in ownership, it added. "Customer satisfaction has always been crucial in the vehicle purchasing process, with after-sales service playing a vital role. As a leading two-wheeler manufacturer, the company aims to surpass customer expectations and set new benchmarks," HMSI Director (Sales & Marketing) Yogesh Mathur stated. It is the industry's first programme to offer extended warranty coverage of up to 10 years, inclusive of high-value parts, he added. "This
Motorcycle maker Royal Enfield on Monday reported an 18 per cent growth in total sales at 73,136 units in April 2023 compared to 62,155 units in the same month last year. Domestic sales grew 28 per cent to 68,881 units from 53,852 units in the year-ago month, the company said in a statement. Exports, however, declined by 49 per cent last month to 4,255 units compared to 8,303 months in April 2022. Royal Enfield CEO B Govindarajan said the company has begun FY24 on a confident footing after closing FY23 on a high note. The company has recently launched its Hunter 350 and the Scram 411 models in the USA and Latin American markets, he said, adding "I am sure that these motorcycles will continue to perform well and strengthen our foothold in these markets".
The manufacturer also benefited from pent-up demand as COVID-exhausted Americans were eager to hit the roads on cars and motorcycles
Two wheeler major Hero MotoCorp on Monday said it has inked a pact with the US-based Zero Motorcycles to collaborate on premium electric motorcycles. The collaboration combines the expertise of Zero in developing power trains and electric motorcycles with the scale of manufacturing, sourcing and marketing of Hero MotoCorp, the country's largest two wheeler maker said in a statement. In September 2022, Hero MotoCorp's board approved an equity investment of up to USD 60 million in California-based Zero Motorcycles, a leading player in electric motorcycles and powertrains. "Our partnership with Zero Motorcycles is a significant milestone in our journey towards ushering in an era of sustainable clean technology in the mobility space. With Zero as our partner, we look forward to accelerate the transition of electric mobility in India and across our global markets," Hero MotoCorp Chairman & CEO Pawan Munjal said. The company has forayed into the electric scooter segment with the VIDA V1
The mid-segment bike will be the first among several models planned, will be sold separately by both companies under their own brands
This is part of the larger strategy to strengthen presence in the premium segment where rival Bajaj Auto and Royal Enfield have a stronghold and in which even TVS Motor Co is making rapid strides in
Revenue from operations up 32% to Rs 8,561 cr; chip shortage hinders an even better show