Royal Enfield has revised its production target for 2014 upwards to 280,000 units. This entails fresh investment of Rs 600 crores over CY 2014-15 towards capacity expansion and new products. Royal Enfield Motorcycles Q4 2013 sales stood at 55,101 units as compared to 31,968 units in Q4 2012. Sales for 2013 stand at 178,121 units as compared to 113,432 units sold in 2012, equating to 57.03% sales increase.
At the 2014 Delhi Auto Expo, Hero MotoCorp showed the world a series of new motorcycles, scooters and concepts. These included Hero Zir, Hero EBR 1190 RS, Hero HX250R, Hero Dare, Hero SimplEcity, Hero iON, Hero Hastur, Hero Passion Pro TR, Hero Splendor Pro Classic, Hero Xtreme Sports, Hero Leap, Hero Dash and Hero RNT. Watch the official ads of all these Hero bikes here.
Vardenchi Motorcycles from Mumbai have introduced Vardenchi T5 and two Italian motorcycles from Moto Morini, 1200 Granpasso and 1200 Scrambler at the 12th Auto Expo in Greater Noida. Apart from the three exclusive bikes, the Vardenchi pavilion also had Bollywood and South India star actor, Sameera Reddy in attendance.
Japanese electric vehicle manufacturers Terra Motors put forth some innovative designs at the 2014 Auto Expo. The company displayed their Terra Kiwami Electric Superbike, an A4000i electric scooter and T4 electric 3- wheeler at the show.
A 2013 Harley Davidson 1,585 cc FXDC Dyna Super Glide presented to Pope Francois on the occasion of 110th anniversary of Harley Davidson in June 2013 was on auction at the Grand Palais in Paris. It was sold to an unidentified buyer for â‚¬241,500, while all proceeds will go towards to Caritas Rome’s Don Luigi di Liegro shelter and soup kitchen in Rome.
Yamaha is investing Rs 1,500 crore in its new plant that will be operational by end of 2014. 2013 saw Yamaha record 33% growth. In the domestic market, Yamaha India sold 4.6 lakh units in 2013 and looks to sell 6 sales lakh units in 2014.
Drawing further attention to their future models, Hero MotoCorp showcased two very exclusive models at the 2014 Auto Expo. Hero Splendor Pro Classic gets refreshed with retro styling so as to make it look like a cafÃ© racer while Hero SimplEcity possesses an electric, light body option for best performance in city conditions.
Honda Motorcycle and Scooter India Pvt. Ltd., realized the Dreams of visitors this weekend as Bollywood superstar and Hondaâ€™s Brand Ambassador Akshay Kumar graced the Honda pavilion for a brief while at Hall No. 4 in Auto Expo 2014.
A new Bajaj Pulsar was expected to make its presence felt sometime very soon, especially considering that multiple close to production ready models were spotted on test on the outskirts of Pune just before 2014 India auto expo, and in the months up to it.