Britain’s iconic motorcycle manufacturer, Triumph, has unveiled the first two Made-in-India, Triumph Speed 400 and Scrambler 400 X bikes. These bikes have been developed in a collaboration between the British Triumph and India’s Bajaj Auto. The bikes will be built at Bajaj’s Chakan facility in Maharashtra. The two bikes, Speed 400 and Scrambler 400X, appear … Read more
Hero MotoCorp on Wednesday said that the firm needs to recover its market share in the 125-cc engine motorcycle segment as it sees an opportunity in building a premium portfolio. Hero MotoCorp’s sales in the 111cc-126 cc motorcycle segment increased by 5.65 per cent year-on-year to 452,274 units in April-December of FY23, according to data … Read more
Classic Legends, the motorcycle company part-owned by Mahindra Group re-launched the Yezdi brand of classic motorcycles for the Indian market on Thursday. The brand is making a comeback to India after a two and half decade hiatus and part of a larger strategy to tap into the fast expanding mid-market segment (350cc to 600cc) in … Read more
TVS Motor and BMW Motorrad have announced the expansion of their cooperation agreement for future technologies and electric vehicles. Key points to note – In simple terms, for now it means they will co develop the electric vehicles (EVs). The 1st product through this new announcement is targeted to be ‘showcased’ in the next 24 … Read more
Gilera Motors will be the exclusive distributor for sale and service of Hero motorcycles and scooters in the country. Gilera will also make new investments to drive the business growth. Key points to note – Founded in 1953, Gilera is one of the oldest motorcycle manufacturers in Latin America. Gilera Argentina with more than 200 … Read more
Honda Motorcycle and Scooters India (HMSI) introduced a voluntary retirement scheme on Tuesday as it seeks to “realign its production strategy” and improve overall efficiency in these “uncertain times,” the company said in an internal circular to its employees. Employees above the age of 40 or who have completed 10 years in the company are … Read more