The new norms, which will come into force on vehicles produced after April 1 this year enhancing real-time emission tracking and diagnostic capabilities
Its revenue from operations in Q3FY25 dropped 19.36 per cent to Rs 1,045 crore, down from Rs 1,296 crore in the same period last year (YoY)
Hero MotoCorp is expected to report a steady performance for Q3FY25, with revenue growth driven by higher average selling prices (ASPs) rather than volume growth, analysts said
The Budget also placed a strong emphasis on the gig economy, a sector that plays a crucial role in last-mile deliveries using electric two-wheelers
On the bourses, Bajaj Auto shares settled 0.28 per cent lower at Rs 8380.35. In comparison, BSE Sensex closed 1.08 per cent lower at 75,366.17, on January 27, 2025
Two-wheelers are a necessity and not luxury in the current Indian context and taxes on these vehicles must be reduced as the industry is staring at a single-digit growth next fiscal with affordability becoming an issue, according to a senior executive of Honda Motorcycle and Scooter India. There is also a requirement for income tax rationalisation to enable middle-income people start spending again, Honda Motorcycle and Scooter India (HMSI) Director Sales and Marketing Yogesh Mathur told PTI in an interview. In the ongoing fiscal, motorcycle sales have not done as well as the scooter segment due to softness in demand from rural market, due to a variety of factors including delayed monsoons, he added. "From the rationalisation of GST (point of view), we have been requesting the government to really take care of (it) because two-wheelers are actually not a luxury. It is a necessity for our people to commute," Mathur said when asked about demands from the industry for a cut in taxes on
The new feature will allow riders to view their scooter's information and interact with the dashboard
Two-wheeler maker Suzuki Motorcycle India Pvt Ltd (SMIPL) on Friday launched its first electric scooter, e-Access, as well as two other models at Bharat Mobility Expo 2025. Expanding its presence in the Indian two-wheeler market, Japan-based Suzuki Motor Corporation's subsidiary, SMIPL, has taken a significant step towards electric mobility with e-Access. Besides, it launched GIXXER SF 250 Flex Fuel, its first E-85 fuel-compliant motorcycle for the Indian market. E85, also known as flex fuel, is a blend of gasoline and ethanol. Suzuki Motor Corporation, Japan, Representative Director and President Toshihiro Suzuki said India is the largest market for the company and we are committed to it. "By staying true to our mission of creating products of superior value and focusing on customer satisfaction, we aim to grow further in the motorcycle business and contribute meaningfully to customers' needs," he said. Further, Toshihiro Suzuki resonated with the company's commitment to carbon
Petroleum ministry pushes for car tax reduction
Ministry of Petroleum and Natural Gas (MoPNG) along with other key ministries also endorse the proposal
Battery swapping will only increase the cost for a consumer to run the vehicle, say e2W players
For fans of two-wheelers looking for a blend of innovation and style, the updated Honda Activa 125 promises to be a compelling addition to the market. It is offered in two variants: DLX and H-Smart
Rural demand had been subdued in the past few financial years owing to low farm profitability because of erratic monsoon and the outsized impact of the pandemic on rural incomes
Over 14% of passenger vehicles and 16% of two-wheelers manufactured in the country were exported between January and November
But he faces questions over sustainability and a new challenge from Honda
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
Most two-wheeler owners opt for comprehensive motor insurance
At least four persons were killed every day in the national capital in preventable road crashes in 2022 which saw an increase from the previous year, according to the Delhi government. Fifty per cent of the road crash victims in 2022 were pedestrians while 45 per cent of the victims were two or three-wheeler drivers and passengers, according to a Transport Department report. The 2022 Delhi Road Crash Fatalities Report was recently released by the Delhi government. The report states that 1,571 persons were killed in 1,517 fatal crashes in 2022, i.e. at least four persons killed every day in preventable road crashes. "It is concerning that these numbers represent a 28 per cent increase from the previous year," it noted. A total of 97 per cent of the deaths occurred among vulnerable road users -- pedestrians, motorcyclists, cyclists and auto rickshaw occupants - both motorised and electric- which is higher than the national average of 70.8 per cent, according to the report. Of all
In the last 12-18 months, India's old major two-wheeler makers such as TVS Motor, Bajaj Auto, and Hero MotoCorp have solidified their positions in the electric scooter market
The Pune-based giant, which was trailing far behind TVS just two months ago in e-two-wheelers (e2Ws), has upped the ante