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Piaggio Vespa ties with Snapdeal to sell scooters online on the back of raising internet savvy buyers in India. Piaggio Vehicles Pvt Ltd, a 100 percent Indian subsidiary of the Italian two wheeler major Piaggio Group, signed a deal with Snapdeal, one of the top e-commerce portals, to sell its …
Read More »TVS Jupiter achieves 500,000 sales mark
TVS Jupiter achieves 500,000 sales mark amidst tight competition in the Indian two wheeler sector. The company has several strategies to take its sales Two wheeler manufacturer TVS Motor said its flagship scooter, Jupiter, has achieved the 500,000 unit sales mark. The company has achieved this milestone in around …
Read More »DSK Benelli expands its reach in seven cities in India
DSK Benelli expands its reach in seven cities in India as to expand its sales and service network across the country and increase its sales figures in coming months amidst tight competition in the Indian superbike segment. The company is planning to open more showrooms in the current financial year …
Read More »Royal Enfield acquires UK’s Harris Performance
Royal Enfield acquires UK’s Harris Performance. The India-based motorcycle manufacturer has acquired UK based Harris Performance Products Ltd, an expert in designing and manufacturing of specialised high performance motorcycle chassis and components, for undisclosed amount. Royal Enfield, India-based motorcycle manufacturer, has acquired UK based Harris Performance Products Ltd, an …
Read More »Mahindra Peugeot sparks in 2015 Italian National Motorcycle Racing Championship
Mahindra Two Wheelers Ltd. (MTWL), part of the $ 16.5 billion Mahindra Group, said its Mahindra Peugeot motorcycles dominated April last week’s opening round of the Italian National Motorcycle Racing Championship by winning both races at the Misano circuit in Italy. Italian Marco Bezzecchi, who was riding the Mahindra Peugeot …
Read More »Indian Motorcycle to expand dealership network in India
Indian Motorcycle, a wholly-owned division of the US-based off-road vehicle major Polaris, has decided to expand its dealership network in India. Indian Motorcycle will set up five more dealerships across the country soon. The new dealerships will come up in the cities including Mumbai, Hyderabad, Ahmedabad and Chennai. Scot Wine, …
Read More »Bajaj Auto posts marginal 1% growth in April 2015 sales
Two wheeler maker Bajaj Auto posted a marginal growth of 1% in sales at 3,36,274 in April 2015 compared to 3,31,529 units sold in the same month a year ago. The company’s sluggish growth was due to decline in motorcycle sales. In a statement filed with Bombay Stock Exchange (BSE) …
Read More »TVS Motor posts 14% sales growth in April 2015
TVS Motor posts 14% sales growth in April 2015 on the back of surging demand for both its Motorcycle and Scooter brands. TVS Motor, India’s leading two wheeler maker, recorded a 14 percent growth in sales for the month of April 2015 at 195,937 units, up from 171,897 units of …
Read More »TVS net up 33% in 2014-15, revenue cross Rs 10,000 cr mark
TVS net up 33% in 2014-15, revenue cross Rs 10,000 cr mark on growing demand for its products Indian two wheeler major TVS Motor witnessed a growth of 33 percent in net profit in the financial year 2014-15 at Rs 347.83 crore compared to Rs 261.63 crore reported in the …
Read More »Hero MotoCorp witness dip in April sales by 7%
Hero MotoCorp’s April sales slipped on slump in motorcycle sales in a few key rural markets Indian two wheeler maker Hero MotoCorp April 2015 sales tumbled by 6.61 percent to 5, 33,305 units compared to its sales of 5,71,054 units in the same period last year. The world largest two …
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