Pune: Hyosung introduced its luxury cruiser Aquila 250 earlier this year at Delhi Auto Expo 2014, and has been working on robust network expansion across India. DSK Hyosung reports over 100% YoY growth in its 250cc segment.
Within India’s commercial vehicle industry, Small Commercial Vehicle (SCV) segment sales accounts for about 432000 units in FY 2014, i.e., 60% of the overall industry. As per a Roland Berger Strategy Consultants study, Indian SCV industry is expected to grow at 13% CAGR till FY 2020, to account for 80% of the total market.
Yamaha R25 delivery in Indonesia kicked off around mid of July 2014 in the order of online booking and almost all of 2,800 units are delivered. Here is August sales report of quarter litre sports bike segment in Indonesia.
Toyota Kirloskar Motor (TKM) sold 12,384 units in Aug 2014 compared to 15,219 units in Aug 2013 equating to 18.62% sales decline. 1,169 units of Etios series were exported last month. In India, Toyota sold 11,215 units compared to 12,007 units in 2013.
Honda Mobilio MPV has expectedly outperformed Maruti Ertiga in terms of sales figures as soon as it arrived. The new comer saw over 10,000 bookings in just about 20 days after it was launched in India.
The month of August 2014 has seen an increase in two wheeler sales in India. Hero MotoCorp and Bajaj Auto have both reported an increase in sales and look ahead to enhanced performance during the upcoming festive season that commences with Onam later this week, followed by Dusshera and Diwali later on in the year.
Continental GT piloted by Nadine de Freitas has clocked a record speed of 157.2 kmph at the famous Bonneville salt flats organised by Southern California Timing Association. This Royal Enfield Continental GT has been modified by Matt Capri tuning and performance specialist and emerged a winner in 500 Modified Push-rod Partially Streamlined Category.
August 2014 Tata Motors commercial vehicle sales in the domestic market was 25,428 units at 23% sales decline when compared to 33,153 vehicles sold in August 2013. LCV sales were 16,287 units, equating to 35% sales decline compared to Aug ’13.