Eicher Motors Limited announces Annual Results for CY 2013 ended with the highest ever total income from operations at Rs. 6809.8 crores, and highest ever operating profit (EBIT) of Rs 583.2 crores. Dividend is recommended at 300%.
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.
Total sales for VECV, which includes Eicher trucks and Volvo trucks stands at 9428 units for 2013 Q3. VECV sold increased volumes in exports at 1171 units and Volvo trucks at 224 units when compared to Q3 of 2012 when exports were 431 units and 130 Volvo trucks were sold.
Royal Enfield motorcycles have had a profitable Q3 with sales volumes of 48242 units. This equates to 60.6% sales growth when compared with 30046 units sold in 2012 Q3. For the first 3 quarters of 2013, 123018 Royal Enfield bikes have been sold as compared to 81464 units sold for Q1 + Q2 + Q3 of 2012. For the year thus far, growth stands at 51%.
Eicher Motors Limited has announced their financial results for the first quarter January to March 2013. Reporting the best ever quarterly total income from operations, Q1 2013 saw an increase of 3.4% to Rs 1724.3 crores as compared to Rs 1668.2 crores in Q1 2012.
First Royal Enfield Desert Storm rolls out of Oragadam plant. he vehicle assembly line has a capacity of producing a bike each minute, which equates to 800 per day in 2 shifts. The plant houses a 1.4 km test track for motorcycle testing.
Nope, Royal Enfield has not introduced a new engine which is either hybrid or electric. They are still the gas guzzlers which most of would like them to be. But, the Chennai based motorcycle manufacturer has launched the Bullet with 500cc engine, a new shade, called Forest Green and some updates.
Royal Enfield motorcycle enthusiast are found in every corner of the world. Aniket Vardhan is one special enthusiast. He has custom built his own engine, keeping in mind
The new 2013 Royal Enfield CafĂ© Racer 535 was seen at the 2012 Delhi Auto Expo earlier this year, and more recently, at the Milan…