Navratri of 2023 marked a milestone, with retail sales soaring by 18 per cent year-over-year, surpassing the figures of Navratri 2017
Hero said it was optimistic about demand due to its premium model launches and the onset of the festive season
Bajaj Auto reported the highest-ever domestic commercial vehicle sales in October 2023, which were up 39%
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
Both three-wheelers and passenger vehicles witnessed their record H1 numbers during the period
Apart from this, Ather Energy is also looking at the possibility of expanding to the global markets
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
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
Adopting a cautious stance for the near-term outlook, FADA said that low rainfall may impact rural auto demand during the upcoming festive season
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
The partnership will ensure smooth operations and minimal downtime for vehicles, along with improving the customer experience
2W exports were also down 16% YoY which came down from 150,670 in July 2022 to 126,850 in July 2023
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
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
Two-wheeler sales registered a slight jump of 1.68% as the sales touched 1,330,826 in June 2023, compared to 1,308,764 in June 2022
An uncertain rural recovery, stringent emission standards, and high financing costs could put the brakes on faster growth in FY24
Only 60% of Niti Aayog's sales projection of 2.3 million units in FY24 possible, says association
The pricing will play a crucial role in terms of the challenge Triumph can pose to the market leader, Royal Enfield
The government earmarked Rs 10,000 crore for a period of three years under the FAME-II scheme. The scheme ended in June 2021 and was extended for a period of two years
Electric two-wheeler segment leads the way with 61 per cent share in total EV sales