He was responding to a query on the impact of FAME II on the electric two-wheeler market
The opportunity is immense - the shared two-wheeler mobility market has touched 15 million daily trips already
The company also announced the withdrawal of its 110 cc offering
Commercial vehicles are yet to see relief in terms of unsold inventory levels
There is also the anticipation of better participation from the rural markets in third and fourth quarters owing to good monsoon
Sales up 8.5%, growth in the two-wheeler segment has largely been driven by demand for scooters
Facilities of Royal Enfield, Yamaha and Myoung Shin Automotive India Pvt Ltd(MSI) a supplier of Hyundai, are facing labour problems in the last few days. It may be noted, recently workers at the Renault-Nissan facility have threatened they will be forced to look at various options including possible strike against the management's decision for VRS.While emails, phone calls and messages sent to the companies spokespersons were not answered, A Soundararajan of Centre of Indian Trade Unions (CITU), who is also the President of the Unions at Yamaha, MSI and an Union official from the Royal Enfield Union have confirmed the development.At Yamaha Motor India's Oragadam plant around 750 permanent workers out of a total around 800 workers went on strike after allegedly that the company sacked a few of the employees.Workers in the company's facility have applied to form an union, India Yamaha Motor Thozhilalar Sangam, and the workers also submitted a complaint under Section 2 K of the Labour ..
TVS Motors, Hero MotoCorp, Piaggio, Yamaha eye a bigger share of the growing two-wheeler market with a slew of launches in the 125cc scooter segment
Companies are expecting an improvement in sales of vehicles from the quarter beginning April
Hero, Bajaj expected to post decline in Q3 as demand remained subdued after demonetisation
The overall volume of the industry (including exports) is estimated to have grown 7% last month to 1.42 million units
They are giving heavyweight and former partner Hero a run for its money
TVS Motors, Bajaj Auto, Yamaha and Mahindra Two Wheelers produce certain two-wheelers that exclusively cater to the export market
Volumes during the first two months having grown by 15% already on the back of festive and wedding season demand
After a relatively subdued May, growth expected to rebound
Bigger than entire new two-wheeler sales in all of Africa. Both Hero & Honda, biggest in the sector here, quite active in pre-owned market
Vehicle manufacturers are expected to provide BIS approved helmets free of cost to buyers
Bad monsoon, shift of focus to scooters impacted motorcycle demand in 2015-16
Stocks of two wheeler majors have already started reacting positively
Registration stopped for BS-III vehicles before deadline expiry sans written order