Bajaj Auto said sales of its motorcycles in India fell 36% in June compared to the same month on 2016 to 1.08 lakh units, allowing TVS Motor Co to overtake the company in domestic motorcycle sales for the month. Bajaj’s total vehicle sales, including motorcycles, three-wheelers and exports, were down 23% at 2.45 lakh. Sales […]
Bajaj Auto unveiled a new motorbike, the Pulsar NS 160, targeting those who want their Pulsars to be even more like a sports bike. It will be different from the regular Pulsar range, which is a mix of the sporty and the practical. The NS series, said Bajaj Auto, will be tilted more towards the […]
LML Buddy, the low-cost cargo three-wheeler from the scooter manufacturer, is now available across several key states in India. The vehicle, which comes in CNG and petrol versions only, is priced at around Rs 1.10 lakh — compared to around Rs 1.7 lakh for an entry-level Ape three-wheeler diesel truck and Rs 3.9 lakh for […]
Encouraged by a strong response, Honda Motorcycle & Scooter India said today it was advancing its roll-out target for its ‘Best Deal’ second-hand motorcycle chain in India. The company said it would add another 50 such pre-owned motorcycle shops in India in the remaining nine months of the current financial year. This will take the […]
Tata Elxsi, the Tata Group’s design and technology services company, said one of the top five carmakers in the world has licensed its driverless car software for use as part of its research and development in this direction. Further details of the deal were not disclosed. “We are delighted with this latest win for AUTONOMAI […]
Tata Motors said it saw a 4% decline in its total passenger and commercial vehicle sales volumes in May 2017. Total number of vehicles sold (including exports) in the month was 38,361. The company’s domestic sales fell 3% to 34,461 nos. However, sales of domestic passenger vehicles jumped 27% to 10,855 “due to continued strong demand for the […]
Two- and three-wheeler maker Bajaj Auto said its sales volumes for the month of May fell 10% compared to last year to 3.13 lakh units. Motorcycle sales fell by 10% to 2.77 lakh. Domestic motorcycle sales fell by 13% to 1.57 lakh, while exports fell 5% to 1.21 lakh. This is contrast to April, when […]
Ashok Leyland said its vehicle sales for the month of May fell 8% on year to 9,071 units due to a steep fall in sales of medium and heavy commercial vehicles. However, the fall is less than the drastic decline posted for April. The automaker sold 6,139 medium and heavy commercial vehicles — mostly trucks […]
Asahi India said it will set up a state-of-the-art automotive glass plant near Mehsana in Gujarat, primarily to meet the requirements of Maruti Suzuki at its newly-established Gujarat plant. AIS will invest up to Rs 500 crore in the facility in two phases, it said. In the first phase, the plant will have capacities to […]
The Tata Motors Group global wholesales in April 2017, including Jaguar Land Rover, were at 73,691 nos., lower by 4%, over April 2016, the automaker said. Within this, commercial vehicle wholesales including Tata Daewoo were at 18,844, lower by 36%, over April 2016. Global wholesales of all passenger vehicles in April 2017 were at 54,847, […]
Fitch Ratings has upgraded its rating on Tata Motors by one notch, pointing to the automaker’s improving business performance. “The upgrade reflects the sustained improvement in TML’s Indian automotive business over the last two years, supported by growing commercial vehicle volumes, successful new product launches in the passenger vehicle segment, as well as the management’s […]
Maruti Suzuki said its revenue increased 20.3% in the three months from January to March this year compared to the same quarter last year, while net profit jumped 16%. “Growth in volumes, increase in share of the Company’s higher segment models, benefits due to full capacity utilization and cost reduction efforts contributed to increase in […]
Vehicle worth Rs 5,000 cr with BS-III certification could not be sold by the deadline of March 31, the Society of Indian Automobile Manufacturers said today. In addition, it said, the industry sustained a loss of about Rs 1,000-1,500 cr due to the deadline, it said, adding that the total loss was about 6,000-6,500 cr. […]
Indian Space Research Organization could soon help Indian e-bikes overcome their biggest drawbacks — low mileage per charge and limited speed. Costing between Rs 35,000-50,000, most of these bikes have a top speed of 25 km per hour and a range of 30 to 50 km per charge. That could change soon, thanks to the […]
Vitara Brezza, the sports utility vehicle from Maruti Suzuki, has sold over 1.1 lakh units in its first year, the carmaker said in an update marking one year of the car’s launch. In total, around 36 lakh four-wheeled passenger vehicles are expected to be sold in India the current financial year, giving the model a […]
The drivers and staff of all vehicles classified as ‘transport’ will be brought under the definition of ‘third party’ in third party insurance policies, the finance ministry said today. This will cover buses, vans and other commercial transport vehicles and will be implemented through the upcoming amendment to theMotor Vehicles Act. At present, only the driver […]
Tata Motors reported its best ever sales performance for its UK unit for the month of February in 2017, with total retail sales up 9.3% on year for the month. Jaguar Land Rover, one of the world’s top manufacturers of luxury vehicles, sold of 40,978 vehicles in the month, the Indian company said. The jump […]
The impact of demonetization on the company’s motorcycles and three-wheelers sales in India has worn off, Bajaj Auto CEO Rajiv Bajaj said. “Sales was down 20% in the aftermath of demonetization, but now it’s 0%,” Bajaj said, adding that he was expecting to have grown his sales by 20% through the year. “We were expecting […]
Bajaj Auto said it will unvel the “all-new KTM Duke Range” of motorcycles in India on Feb 23 at an event in Mumbai. The event, which will start at 11:30 AM and will most likely be streamed live on Youtube, is likely to launch the 2017 Duke 390 and possibly the Duke 200 bikes. The […]
What India needs are more buses and better public transport and not more cars, said Union Minister of State for Road Transport, Highways & Shipping, Mansukh L Mandaviya. Tata Motors introduced its Nano car within a price bracket of Rs 1.5 lakhs-2 lakhs for middle class buyers. But low-cost cars merely add to the traffic […]
