Page 4 - Two-wheeler Sales

Honda overtakes Hero MotoCorp in 2W retail sales ahead of festive season

According to figures from the Federation of Automobile Dealers Associations, Honda Motorcycle and Scooter India sold 62,537 more motorcycles and scooters than Hero MotoCorp in September 2024

Silver lining for two-wheelers, but investors should tread with caution

The two-wheeler numbers will need to be monitored closely since low momentum would trigger downgrades for stocks that have moved up in anticipation of outperformance

Two-wheeler sales witness surge ahead of festival season in India

Major players record 9-26% increase on strong domestic demand

2-wheeler EV buyers can avail subsidy of Rs 10,000 in 1st yr of PM E-DRIVE

Electric two-wheeler buyers can avail a maximum subsidy of up to Rs 10,000 in the first year of the PM E-DRIVE Scheme to be rolled out soon, Union Heavy Industries Minister HD Kumaraswamy said on Thursday. Addressing a media briefing, Kumaraswamy said the subsidy under the PM E-DRIVE Scheme for electric two-wheelers has been fixed based on battery power at Rs 5,000 per kilowatt hour but the overall incentive will not exceed Rs 10,000 in the first year. In the second year, it will be halved by Rs 2,500 per kilowatt hour, and the overall benefit will not exceed Rs 5,000. Addressing the media, Kumaraswamy said e-rickshaw buyers can avail of subsidy benefits of Rs 25,000 in the first year and Rs 12,500 in the second year of the PM E-DRIVE scheme. "The per kilowatt subsidy for electric two-wheelers is Rs 5,000 for the first year, and in the second year Rs 2,500, for two years, this benefit will be continued," the minister said. He clarified that the maximum benefit per two-wheeler will

Auto Bet: Bajaj, M&M, Escorts Kubota may lead August sales, says Nuvama

Within the 2W segment, analysts believe, mass-market original equipment manufacturers (OEMs) such as Honda, Hero Moto Corp, Bajaj Auto, and TVS are anticipated to perform well.

Rural revival, margin uptick key to sustaining gains for two-wheeler stocks

Two-wheeler stocks ride the wave of EV adoption, launches, and premiumisation

Passenger vehicle wholesales fall 2.5% in July as retail inventory piles up

SIAM is set to discuss the alarming rise in PV inventory in its upcoming executive committee meeting

Eicher Motors strong Q1 overshadowed by weak Bullet 350 sales, growth woes

The Bullet 350 model saw 14 per cent volume drop in Q1FY25, reflecting limited acceptance of the new model. Similarly, the Hunter 350, launched in FY23, saw an 8 per cent volume decline.

Shifting gear: PV inventory surges even as auto retail sales rise

Pileup shoots to historic high, equating to Rs 73,000 cr worth of stock

Ola Electric to launch IPO next week, valuation seen at around $4.4 billion

Ola is planning the IPO at a lower valuation to ensure higher participation from investors bidding for the IPO shares

Bajaj Auto Q1 Preview: Two-wheeler maker may see revenue growth of 14-15%

Analysts anticipate robust double-digit revenue growth driven by ongoing volume recovery, particularly in rural areas.

Two-wheeler volume growth likely to drive profit for auto sector in Q1

OEMs may post 9-10% revenue growth for June quarter

Electric 2-wheelers may need more domestic value addition for subsidy

The EMPS replaced the FAME-II scheme, where auto companies were provided Rs 11,500 crore as subsidy

Two-wheeler sales dip in May due to weak wedding season; exports rise

Going against the trend, TVS reported that its two-wheeler sales registered a growth of 7 per cent, increasing from 252,690 units last May to 271,140 units in May 2024

Two-wheeler sales dip in May due to weak wedding season; exports rise

Going against the trend, TVS reported that its two-wheeler sales registered a growth of 7 per cent, increasing from 252,690 units last May to 271,140 units in May 2024

Ola Electric planning to layoff 400-500 employees to streamline operations

Ola Electric's IPO application is currently under review by the Securities and Exchange Board of India (Sebi)

May sees electric two-wheeler sales revving up, led by Ola Electric

Led by Ola Electric, overall electric two wheeler sales have gone up by around 12 per cent in May over the previous month

Passenger vehicle, 2W exports rose by over 20% in April: Siam monthly data

Two-wheeler exports up by 24.3% and passenger vehicles by 21.1% Y-o-Y

Domestic sales of 4 major two-wheeler manufacturers zoom in April

Hero MotoCorp, Honda Motorcycle & Scooter India, TVS Motor, and Bajaj Auto collectively dominate approximately 80 per cent of the total two-wheeler market in the country

Month after EMPS rollout: Ola market share grows to 53%, registrations drop

Ola gained market share because its decline was much lower than the industry average