Hero MotoCorp Ltd (HMCL), today reported 10% growth in Q2 2014 over over the corresponding quarter of the previous fiscal. Hero MotoCorp sold 17,15,129 two-wheelers in Q1 FY 2014-15 over 15,59,282 units sold in Q1 FY 2013-14.
For 2014, Royal Enfield revised its production target to 280,000 units with investment of Rs 600 crores over CY 2014-15 to ensure its target is met. And on that front, the company is marching on strong with investments at Oragadam facility and Royal Enfield business continue as planned for CY 2014.
Honda Motorcycles and Scooters India (HMSI) will launch a new premium bike in the 160cc segment aimed at younger set of buyers in urban cities in India. The launch is schedule to take place in the third quarter this year, between the July-September 2014 period.
PT Astra Honda Motor Indonesia will no longer import CBR 150R entry level sports bike from Thailand. It will henceforth be produced locally at Honda’s plant located in Karawang, West Java. After due processes are completed, Honda CBR 150R should come out after Eid or sometime in August 2014. No word about CBR 150R a.k.a Honda K45 facelift yet.
Mahindra Two Wheelers (MTWL) sales for June 2014 stood at 15,463 units. Domestic sales stood at 14,389 units for June 2014 over 7,849 units in June 2013 equating to 83% sales growth. Exports for June stood at 1,074 units.
Yamaha Motor India reports 14.3% domestic sales growth for June 2014 with 40,666 units sold in June 2014 over 35,561 units sold in June 2013 in the domestic market. Yamaha Alpha has provided a major sales fillip.
Yamaha Motor India Pvt. Ltd looks ahead with confidence and hopefulness as they predict sales in India to grow by over 20% during the current year. This feeling of optimism is despite the fact that the country is facing lower than average monsoons, and a negative outlook on growth predicted by analysts.
Yamaha Motor India launched FZ FI version 2.0 and FZ-S FI V2.0 yesterday with a list of feature upgrades, most importantly, surprising change in engine specification. First FZ model was launched back in 2008, same engine and mechanicals have been doing duty so long until now, but the bike received a lot of new colours and liveries over the years; all three- FZ, FZ-S and Fazer 150.