New Bike Launches in India

Two wheeler sales in India rises in the 2^nd month of 2011 too

India’s two-wheeler market is showing no signs of slowing down as the sales momentum was kept going in the month of February, with all the three major manufacturers, Hero Honda, Bajaj Auto and TVS Motor, recording better growth than the previous month. Bajaj topped the list of companies exporting their vehicles followed by TVS, while Hero Honda made four lakh plus sales.

The Pune based company, Bajaj Auto, sold a total of 286,657 units resulting in a 22% increase since last year. Exports of the company too rose by 32% as they sold 102,433 units. Hero Honda, India’s largest two wheeler company, posted a 24% growth whereas TVS’s sales of two wheelers grew to 23 % in the month of February. Hero Honda sold 472,055 units, crossing the 4 lakh mark for the 10^th consecutive month.

 

Despite the hike and import duty for CKD bikes, Harleys will maintain their current prices.

US based cult bike maker, Harley Davidson, has announced that they will not be raising the prices of their two models, which are assembled in India even as the government has increased the import duty for completely knock down bikes (CKD). 

In the recent budget proposal the government had changed the definition of CKD’s where automobile imported might end up paying 30% import duty instead of the regular 10%.

The company has been evaluating different options, in wake of the new rules imposed for the import duties for CKD. The Superlow and the 883 Iron will be the first two bikes to roll out the CKD facility unit is Bawal, Haryana. Harley Davidson MD Anoop Prakash told the media that the company is committed to their customers, dealers and enthusiasts.

As mangoes were allowed to be sold in the US market, India relaxed the emission norms on bikes above 800cc allowing the Harleys to start assembling and selling their bikes in India.

 

Words: Raymond Raj

Honda CBR 250R to reach the showrooms by the first week of April

 

Any major launch in this year cannot come close to the eagerness with which bike enthusiasts are waiting for the Honda CBR 250R and much to their relief, the bike isn’t that far now. Recently launched in Thailand, Honda’s latest single-cylinder, 250-cc offering will reach the showrooms across the country by the first week of April. Due to the unfortunate catastrophe and loss of life in Japan, the company has planned not to hold any formal launch event. The bike will be available in standard and combi-ABS variants and has been priced at Rs 1.51 lakh and Rs 1.77 lakh respectively (ex-showroom, Mumbai).

 

Talking about the company’s future plans, Shinji Aoyama, President & CEO, Honda Motorcycle & Scooter India Pvt. Ltd, said- “ In India Year 2011 marks beginning of a new Era for Honda. With new aggression, Honda has set up plans for rapid expansion to serve customers better. To meet the expectations of existing customers, our second manufacturing facility at Tapukara, Rajasthan will soon be operational from early 2nd half of 2011 taking our total production capacity to 22 lakh units in FY 2011-12.”,

 

Words: Gasha Aeri

Garware Motors and S&T Motors denies Hyosung buyout

A few weeks back, the rumour mill was buzzing with news about the Hero Group and Mahindra 2’Wheelers looking to buy out Korea-based S&T Motors Co Ltd., parent company of Hyosung, manufacturers of the Comet 250, GT650R and ST7 motorcycles. However, Garware Motors have sent us a press release wherein they have made it clear that there are no ongoing negotiations between S&T Motors and any Indian manufactuer, Hero and Mahindra included, on this matter. For those outside the loop, Garware Motors and Hyosung have an ongoing aggrement wherein the former is to exclusively assemble motorcycles under the Hyosung brand name and market them in India. The agreement still holds firm and Garware will continue selling the GT650R sportsbike and ST7 cruiser in India.

We hope they stick together and launch the 250-cc bike in India as well.

Words: Saeed Akhtar

Cricketer Virat Kohli to be company’s new face

 

 

TVS Motor Company has signed cricketer Virat Kohli as the brand ambassador for their all new TVS Sport motorcycle. The cricketer will feature on all advertising and retail material related to TVS Sport. As per the official statement issued by H. S. Goindi, President Marketing, TVS Motor Company, “Virat Kohli is known for making distinctive style statements, whether on or off the field and represents the aspirations of many a young Indian. Virat is a perfect fit to the brand.”Especially with the ongoing World Cup fever running through the entire country’s veins, such an announcement would grab some additional eye-balls for the company.

Words: Gasha Aeri