Page 13 - Two Wheelers
Two-wheeler volumes to skid 8-10%, demand likely to remain weak: Icra
Despite the near-term volatility, ICRA maintains a stable outlook for the two-wheeler industry for the coming 12-18 months
 "Two-wheeler volumes to skid 8-10%, demand likely to remain weak: Icra")
Auto industry yet to submit study to Niti Aayog on EV transition
Tata Sons Chairman N Chandrasekaran had also stated that migration to EVs needs to be planned to ensure that the entire ecosystem is ready through a multi-year road map.
 "Auto industry yet to submit study to Niti Aayog on EV transition")
Chinese EV maker Benling enters high-speed zone with launch of Aura
Aura is slated to go on sale from the first quarter of the 2020 calendar and will be available pan-India
 "Chinese EV maker Benling enters high-speed zone with launch of Aura")
Commercial vehicle makers unlikely to see festive cheer in October sales
Weighed down by an economic slowdown and increase in axle load - 30% additional capacity - major CV companies are expected to report a decline of around 20% in sales volumes in October 2019
 "Commercial vehicle makers unlikely to see festive cheer in October sales")
Q2 moped sales slip 30%, TVS confident of better show post rural recovery
TVS Motor sold 168,000 mopeds during Q2, against 241,000 units during the same period last year
 "Q2 moped sales slip 30%, TVS confident of better show post rural recovery")
Entry-level, premium bikes buck trend by reporting growth amid slowdown
The premium motorcycle segment saw a seven-fold jump in domestic sales during April to September
 "Entry-level, premium bikes buck trend by reporting growth amid slowdown")
After a weak Navratri, two-wheeler firms look to Diwali for spike in sales
Demand in Onam, which marks the onset of the festive season, was affected owing to Kerala floods
 "After a weak Navratri, two-wheeler firms look to Diwali for spike in sales")
Hero MotoCorp to TVS, two-wheeler stocks skid as margin pressure weighs
Situation similar to FY2004-07, when volume growth was strong but profitability slid
 "Hero MotoCorp to TVS, two-wheeler stocks skid as margin pressure weighs")
Rural boost for two-wheeler companies; risk-reward favourable for Hero
Risk-reward favourable for Hero; rising competition and commodity prices may play spoilsport
 "Rural boost for two-wheeler companies; risk-reward favourable for Hero")
After five long years, motorcycles are back on double-digit growth track
Scooter volume addition has been higher for five consecutive years, as motorcycles saw impact of an erratic monsoon
 "After five long years, motorcycles are back on double-digit growth track")
Bikes in Karnataka with less than 100 cc engines won't have pillion seats
There should not be any seat for pillion riders in vehicles below 100 CC as mandated under Rule 143(3) of Karnataka Motor Vehicles Rules
Two-wheelers drag down auto sales in January
Total of sector volumes down 4.7%, despite strong recovery in passenger vehicles after note ban
 "Two-wheelers drag down auto sales in January")
Mopeds gain speed, overtake scooters in growth
Sales of the low-priced two-wheeler are growing at almost 28%, against 24% and 12% in scooters and motorcycles
 "Mopeds gain speed, overtake scooters in growth")
Using CNG in two-wheelers would be challenging: Industry experts
The pilot project is being implemented by Indraprastha Gas (IGL) and GAIL
 "Using CNG in two-wheelers would be challenging: Industry experts")