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India-based world’s largest two wheeler maker Hero MotoCorp has kick-started operations at its first outside-India manufacturing facility in Colombia. Hero MotoCorp has invested $ 70 million to commence its Colombian manufacturing operations. Of the total investment, the company has used $ 38 million as CAPEX and the remaining investment …
Read More »Suzuki Motorcycle India witnesses impressive growth in August 2015
Suzuki Motorcycle India, a wholly-owned subsidiary of Japanese two wheeler giant Suzuki Motor Corporation, recorded an impressive growth in August 2015. The company’s sales in August 2015 surged by 67.58 percent to 36,636 from 21,862 units sold in August 2014. Atul Gupta, Executive Vice President, SMIPL, said “Suzuki has been …
Read More »Royal Enfield August sale stands at 42,360 motorcycles
Royal Enfield performed well both in domestic and overseas markets in August 2015. Indian heavy-weight motorcycle maker Royal Enfield, a division of Eicher Motors Ltd, sold 42,360 units of motorcycles in August 2015, up by 59 percent compared to 26,643 units sold in the same month a year ago. The …
Read More »Hero MotoCorp applauds its Golf brand ambassador for world-class performance
Indian two wheeler giant and the world’s largest two-wheeler maker Hero MotoCorp has applauded ace golfer Anirban Lahiri for achieving historic fifth place at the PGA Championship. Lahiri is a brand ambassador for Hero MotoCorp for over five years now. The company celebrated his achievement at a special event today, …
Read More »India’s Royal Enfield lands in Indonesia
Royal Enfield starts its Indonesia journey from Jakarta with the intension of expanding its presence to other cities in the near future. Indian heavy-weight motorcycle giant Royal Enfield said it will start selling its vehicles in Indonesia with exclusive retail outlets soon. Royal Enfield has made announcement over …
Read More »India’s Royal Enfield unveils North American subsidiary
Royal Enfield is looking to expand its brand across the world, primarily in 250-750cc segment. Indian heavy-weight motorcycle manufacturer Royal Enfield unveiled its 100-percentowned subsidiary for the North American market. This is Royal Enfield’s first wholly-owned foreign subsidiary outside India. The two wheeler maker’s announcement comes in line with its …
Read More »Vespa, footballer Del Piero gears up for Indian event
Italian legendary football player Alessandro Del Piero, who has been appointed as the new world-wide Brand Ambassador for Italian two-wheeler giant Vespa, is gearing up to promote Vespa scooter brand in India. Del Piero will be visiting India on September 1 to participate in the promotional event organised by …
Read More »Piaggio India commences operation in Nepal
Piaggio India has commenced its operations in the neighbouring country of Nepal. This is first overseas operations for Piaggio India. Kick-starting its business in Nepal, the company has launched its flagship scooter Vespa in Kathmandu, the capital of Nepal Wednesday. Stefano Pelle, Managing Director, Piaggio India has unveiled the Vespa …
Read More »Hero MotoCorp captures high market share, records impressive growth in Q1
Indian two wheeler giant Hero MotoCorp captured over 70 percent market share in 75cc-110cc two wheeler segment while achieving more than 50 percent in 125cc segment in the first quarter ended June 2015. The new product launches and strategic marketing initiatives helped Hero MotoCorp, which is also the world’s …
Read More »Yamaha India to roll out new products to post record numbers
Yamaha Motor India Sales Pvt Ltd said it would come out with new products and marketing initiatives to post record numbers in sales in the coming months. The 100 per cent subsidiary of Japan’s Yamaha Motor Corp Ltd (YMC) said it clocked a growth of 16.5 percent in domestic …
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