One of the largest motorcycle manufacturers in India, Bajaj Auto has registered a decline of 6% in domestic sales for February 2014. A total of 273,323 motorcycles were sold last month, as compared to 291,297 sold in the same month last year.
Mahindra Two Wheelers Ltd. (MTWL)reports 207% sales volume growth during February 2014 as compared to Feb’13. Overall sales stood at 18553 units, while domestic volumes stood at 17848 units equating to 217% over the previous year. Mahindra Centuro continues to grow its volumes.
Focusing on the male segment of automatic scooter buyers in India, TVS Motors has introduced the new Jupiter 110 cc automatic scooter in India. Though late to the party, TVS is set to make its mark in the automatic scooter segment with new launches, and the Jupiter is one such example.
Ducati Motor Holding S.p.A, had a significant 2013 in terms of new bikes and sales performance. Across 817 dealers in 88 countries, Ducati delivered 44,287 motorcycles . When compared to 44,102 bikes sold in 2012, this equates to a marginal increase.
Eicher Motors, the parent company of India’s iconic motorcycle manufacturer, Royal Enfield have announced an investment of INR 600 crores into Royal Enfield. This added investment will be targeted towards capacity expansion and revision of production targets to be increased to 280,000 for the current year, as against an earlier 250,000.
Showcased by Yamaha Motors India at the 2014 Auto Expo, earlier this month, in a concept form was the Yamaha FZ-S where it was seen in a shade of icy blue. The same model has been spotted on test with special body graphics while launch is slated for later this year.