The recently launched family scooter, Rizta, has been a significant contributor, accounting for approximately 60 per cent-70 per cent of this month's total volume
'Jupiter' scooter maker's profit rose 23.5 per cent to Rs 663 crore ($78.86 million) in the quarter ended Sept. 30, which missed analysts' estimate of Rs 697 crore
The company has business in more than 80 countries which include geographies of Asia, Africa, and Latin America. Last week, the company announced its entry into the European market as well
TVS Motor Company on Wednesday announced it is extending collaboration with Singapore-based tech startup ION Mobility for its entry in the sports scooter segment in Indonesia. The entry will be through Project Dynamo, ION Mobility's conceptual adaptation of TVS Motor's premium flagship crossover electric two-wheeler TVS X. The two partners will deepen their collaboration through Project Dynamo, which began in February 2023 after TVS Motor led ION Mobility's USD 18.7-million Series A funding as a strategic investor. "After successfully introducing its M1-S electric motorcycle, ION Mobility will enter the sports scooter market segment by unveiling Project Dynamo at the Indonesia Motorcycle Show," TVS Motor said in a release. The five-day Indonesia Motorcycle Show (IMOS) commences on Wednesday in Jakarta. Through this project, ION aims to capture the needs of Indonesian riders who prioritise performance and speed while improving upon the advantages of efficient and environment-friend
The updates to the Vespa GTS include a mild facelift, a new front suspension and a new 300 HPE engine
Motorcycle sales registered 4.34 lakh units against 4.05 lakh units in the quarter ended June 2021.
The company had sold a total of 442,696 vehicles in February 2021, it said in a statement on Tuesday
India Yamaha Motor on Tuesday said it has launched an all-new 155 cc scooter model Aerox 155 in the country priced at Rs 1.29 lakh (ex-showroom Delhi).
The country's largest two-wheeler maker Hero MotoCorp on Wednesday reported 22 per cent dip in total sales at 453,879 units in August as compared with same month last year
TVS Motor Company on Monday said its scooter brand NTORQ 125 has crossed one lakh sales milestone in the international markets.
Its ability to make further inroads into premium bikes, scooters will be critical
On the outlook, he said, the company will invest around Rs 500 crore in Fiscal 2022 in product development, technology, marketing, international expansion among others
Honda's scooter sales plunged 37 per cent year-on-year to 1,447,002 units in the first eight months of FY21
Says Indian arm aims to become the No.1 export resource among Honda's plants worldwide
Suzuki Motorcycle India Pvt Ltd (SMIPL) has overtaken Hero MotoCorp to be the third largest scooter maker by sales in the first half (H1) of the current fiscal, according to a latest data by auto industry body SIAM. Honda Motorcycle & Scooter India (HMSI) continues to be the undisputed leader in the segment followed distantly by Chennai-based TVS Motor Company. In April-September this fiscal, SMIPL sold a total of 3,41,928 units of scooters as compared to Hero MotoCorp's 2,49,365 units, as per Society of Indian Automobile Manufacturers (SIAM) data. During the comparable period a year ago, SMIPL had sold 2,91,847 units as compared to Hero MotoCorp's 3,91,019 units. In terms of growth, SMIPL saw its scooter sales grow by 17.16 per cent in April-September this fiscal -- the only scooter maker among top the top five manufacturers to post positive numbers. Hero MotoCorp, on the other hand, witnessed a decline of 36.23 per cent in the same period. The total scooter market had declined