Hero MotoCorp Ltd, India’s largest two-wheeler maker, is not concerned about slowing demand in the urban market, saying consumption in these centres had grown disproportionately after the pandemic.Speaking to ET, Hero MotoCorp chief executive Niranjan Gupta however urged the Centre to consider reducing Goods and Services Tax (GST) on entry-level or up to 125cc two-wheelers … Read more
Last Updated:November 05, 2024, 15:43 IST Suzuki’s domestic sales soared to an all-time high, with 1,04,940 units sold—up by 24% from October 2023’s 84,302 units. Suzuki Gixxer SF 250 (Photo: Shahrukh Shah/News18) Japanese two-wheeler maker Suzuki Motorcycle on Tuesday said its vehicle sales in India jumped 19 per cent year-on-year at 1,20,055 units in October … Read more
Bajaj Auto Ltd, a prominent player in India’s two-wheeler market, on Wednesday announced an investment of up to $10 million in its fully-owned subsidiary, Bajaj Do Brasil Comercio De Motocicletas Ltda, commonly known as Bajaj Brazil. The investment, approximately ₹84 crores at current exchange rates, is designed to support business growth and meet the increasing … Read more
Mumbai: The festive season will be crucial for India’s top two two-wheeler makers as the duo, accounting for more than half of the market, plan to intensify their slugfest and go all out to chase volumes and market share with aggressive promotional schemes in the world’s largest market. Hero MotoCorp aims to retail 1.5 million … Read more
Mumbai: Scooters are experiencing a renaissance in the Indian market, even outpacing the traditional reign of motorcycles. Expansion of electric mobility, urban congestion and rising female participation in the workforce are among factors which lifted the share of scooters in the local two-wheeler market to a seven-year high in the first five months of this … Read more
Bajaj Auto, India’s largest exporter of two and three wheelers has inaugurated its new manufacturing plant in Manaus, Brazil, it said in a statement on Wednesday. This will be the company’s first manufacturing facility outside India. In all the other markets in which it has a presence the company follows a distribution-led model – the … Read more
New Delhi, Maruti Suzuki India expects a revival of the small car segment in the domestic market by 2026-end or 2027, after suffering from affordability issues and onslaught from SUVs, according to a senior company official. The small car segment, which had once dominated the Indian total passenger vehicles market, accounts for less than 30 … Read more
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