Page 6 - Two Wheeler Sales

TVS Motor plans to expand electric two-wheeler range over next 1 year

TVS Motor Company aims to expand its electric two-wheeler portfolio over the next one year as it looks to cater to customers at multiple price points, according to a top company official. The Chennai-based company, which currently has two e-scooters in its portfolio, also plans to expand its electric vehicle sales infrastructure going ahead. It is also developing an electric three-wheeler. "We are also planning to launch a series of products in the range of 5 to 25 kilowatts in the next year," TVS Motor Company Director and CEO K N Radhakrishnan said in an analyst call. He noted that with robust demand in the market, the company has ramped up the production capacity of electric scooter iQube to 25,000 units per month and plans to enhance it further going ahead. TVS plans to commence sales of its new electric scooter TVS X in the current quarter. Radhakrishnan said TVS has close to 400 touchpoints for e-scooters, and the company is continuously expanding the same. "With the produ

1 mn electric 2-wheelers sales target for FY24 hit by tepid festival sales

Slack festive season sales throw a spanner in the throttle

Hero MotoCorp breaks festive sales record with over 1.4 mn units sold

Riding high on the success of the festive season, Hero MotoCorp has reduced its post-festive channel inventory to its lowest level in over three years

Hero MotoCorp posts its best festive season with sale of 1.4 mn 2-wheelers

Riding on robust demand across rural markets as well as steady retail off-take in key urban centres, the company registered a 19 per cent growth over the festive season last year

Passenger vehicles, 3-wheelers report highest ever sales in October: Siam

The domestic sales for all vehicles in India were up 20% to 2,314,197 units in October this year as compared to 1,923,721 units last year

Full charge ahead: Kerala becomes the new electric two-wheeler hub

Reasons include customer awareness and government incentives

Oct auto retail sales dip 8% due to Shraddh period; Navratri sales up 18%

Navratri of 2023 marked a milestone, with retail sales soaring by 18 per cent year-over-year, surpassing the figures of Navratri 2017

Two-wheeler wholesales inch closer to pre-pandemic volumes in Oct: Report

Hero said it was optimistic about demand due to its premium model launches and the onset of the festive season

Bajaj Auto October sales: Domestic 2W, CV sales up, exports take a hit

Bajaj Auto reported the highest-ever domestic commercial vehicle sales in October 2023, which were up 39%

Two-wheeler exports fell by 20% to 1.69 mn units in H1 of FY24: Siam

The ongoing Russia-Ukraine war, which began in February 2022, has created significant volatility in global fuel prices, further straining developing economies already weakened by the pandemic

Auto retail sales up 9% in H1FY24; PVs, three-wheelers steal the show

Both three-wheelers and passenger vehicles witnessed their record H1 numbers during the period

Ather Energy planning to set up new manufacturing plant to expand capacity

Apart from this, Ather Energy is also looking at the possibility of expanding to the global markets

Eicher Motors September sales: Total sales down 5%; YTD business up 16%

Sales of models with engine capacity up to 350cc also went down by about 5% as the sales went down from 74,206 units in September 2022 to 70,345 in September 2023

TVS September sales: Total sales up 6% at 402,553 units; exports up 8% YoY

Motorcycle sales for the company went up 10 per cent with TVS selling 169,322 units in September 2022 to 186,438 units in September 2023

Auto sales up 9% in August, PV inventory at an all-time high: FADA

Adopting a cautious stance for the near-term outlook, FADA said that low rainfall may impact rural auto demand during the upcoming festive season

Hero MotoCorp rides 4% higher on strong Harley Davidson X440 bookings

In an exchange filing, the company said that it would start production of the Harley Davidson X440 in September 2023 and commence deliveries from October onwards

ReadyAssist, Ampere collaborate for full-stack after-sales, service support

The partnership will ensure smooth operations and minimal downtime for vehicles, along with improving the customer experience

Bajaj Auto July sales: Total sales down 10% YoY, 2W sales dip 14%

2W exports were also down 16% YoY which came down from 150,670 in July 2022 to 126,850 in July 2023

Electric two-wheeler registrations recover in July but very modestly

With Okinawa and Hero Electric dro­pping sub 6 per cent, the 150 odd pla­y­ers in the market will very soon shrink to just 4-6 players in the real game

Royal Enfield's Hunter 350 crosses the two lakh sales mark in 11 months

Hunter 350 crossed two lakh sales in less than a year since its launch last year. The Hunter 350 is the most affordable and compact bike from Royal Enfield, priced from Rs 1.50 lakh to Rs 1.75 lakh