An announcement yesterday regarding reduction in excise duty from 12% to 8% on two wheelers has been welcomed by the auto industry. HMSIâs official response is as follows, âHonda welcomes excise duty relief given to auto industry in the Interim Budget 2014. In line with its customer friendly approach, Honda has decided to pass the full benefit of 4% excise duty reduction on two-wheelers to its valued customers across India with immediate effect. Now, all Honda two-wheelers are even more affordable. The price benefit to Honda customer starts from minimum of Rs. 1,600 on Dream Neo and goes upto Rs. 7,600 on CBR 250R.â
Riding high on the successful launch of the Aquila 250 at the recently concluded Auto Expo 2014 and the brand’s robust footprint expansion strategy, DSK Hyosung today inaugurated their superbike showroom – ‘R&R Superbikes’ in the capital. The facility was inaugurated by Mr. Shirish Kulkarni, Chairman, DSK Hyosung along with dealer principal Mr. Rohit Gupta.
After launching Aquila 250 at Delhi Auto Expo, DSK Hyosung last week celebrated the delivery of the 1st Hyosung Aquila 250 at Kar Motors, Goa in hands of Shri Nilesh Cabral on 11 Feb 2014. Taglined âThe Real Cruiserâ, the 250cc segment luxury cruiser is available at a price of Rs 2,69,000/- (Delhi Ex showroom).
During April-January 2014, two wheelers registered 5.76% sales growth over April-January 2013. Within the Two Wheelers segment, scooters and motorcycles grew at 20.75%, and 2.65% respectively. Moped sales decline was registered at 9.52% in April-January 2014 over April-January 2013.
Earlier this month, Yamaha Motor Co., Ltd. (Tokyo:7272) held the âYamaha Motorsports Press Conference 2014â at the Sama-Sama Hotel in Sepang, Malaysia, to announce its motorsports activities including races to participate in and each team’s structure.
Mumbai, February 17, 2014: Mahindra Two Wheelers Ltd. (MTWL), a part of the USD 16.7 billion Mahindra Group, signed an agreement for a Genuine Engine Oil tie-up with Hindustan Petroleum Corporation Limited (HPCL) for their 110cc bikes. The agreement was signed by Mr. Dharmendra Mishra – Vice President â Sales and Customer Care, Mahindra Two Wheelers and Mr. S Jeyakrishnan, Executive Director – DS, HPCL in Mumbai.
Kawasaki has officially unveiled their all new 250cc sportster Ninja RR Mono. This single cylinder bike was unveiled in Jakarta, Indonesia and will be a fully faired motorcycled for global markets.
Suzuki Motorcycles India has launched the all-new 2014 V-Storm 1000 ABS in the country for a starting price of Rs 14.95 lakhs. Powered by a 1037 cc liquid cooled DOHC V-Twin engine, the adventure sport bike delivers max power of 99 PS and peak torque of 103 Nm.