Royal Enfield said its facilities, offices and stores across India had remained closed in compliance with government guidelines between March 22 and May 5, 2020
Two other plants to start in a phased manner; 100 more dealers likely to get back this month
Hyundai begins preparations; a few others restart operations
Firm discovers corrosion that can cause an unusual braking sound, increased brake drag and may also impact braking action
Delay in discretionary spends, competitive intensity in export markets among challenges
The company suspended operations and production across its factories, technology centres in India and UK, all company offices and dealerships in the country starting March 23, 2020
Royal Enfield Classic, Bullet and Thunderbird 500cc motorcycles will be available for retail in India only till March 31
The first Made-in-India Triumph model from the new venture is likely to be a 400cc motorcycle, priced below Rs 2 lakh
The growth in the segment comes despite the entire 2W sales declined by 15.80 per cent
The model is the first motorcycle under the company's unit construction engine (UCE) platform to transition to the new regulatory emission norms
Auto companies in India count deliveries to dealers as sales.
Domestic sales in December were at 48,489 units as against 56,026 units in the year-ago month, down 13%
Churn, disruption and agility are the key takeaways of the decade
Short-format videos, voice and experience are the big trends that changed the advertising narratives this year
Even as big auto brands plan to skip the 2020 Auto Expo, as many did two years ago, Chinese carmakers are stepping in to claim their spot
In the next 3-6 months, things should start to look-up, says Dasari
The jobs cull would support Continental's "urgently needed technological transition and thus the strengthening of our competitiveness and future viability", CEO Elmar Degenhart said
Total revenue from operations declined to Rs 2,192.47 crore for the second quarter
The premium motorcycle segment saw a seven-fold jump in domestic sales during April to September
Flash Electronics alleges Royal Enfield infringed its patent on regulator rectifier device