With upto 3-4 launches scheduled in 2014, Mahindra Two Wheelers is looking at a scooter, 100-110 cc entry level bike, 300 cc Mojo, and variants of existing products to improve its market presence in India.
Royal Enfield announced Corbeta Group as exclusive distributor responsible for supplying, marketing, reselling, distribution and servicing of Royal Enfield products in Colombia.
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.
Harley-Davidson owner group’s in India are set to participate in the World Ride 2014 on June 22-23. Started in 2008 by Harley Owners Group (HOG) as Million Mile Monday, the event grew to a 2 day Harley-Davidson World Ride in 2012.
Royal Enfield inaugurated their first concept store in Poyser street, London, last month. The directly owned shop of Royal Enfield defines what the company wishes to be about; catering to fans and passionate bikers with an array of RE accessories and merchandise. Store launch event was jazzed up by legends in biking community like Laura Hastings and Johnny Brittain.
Royal Enfield’s brand identity lives in a mindspace that’s sacred. However, all that’s old at some point gets a makeover, and India’s legendary motorcycle maker has decided to mix up the logo a bit, quite a bit actually. Instead of the bold very English and proper font, the new badging has more slants and looks similar to a curtain rod skirt in flow and form. It very well could be a celebration of good times with the company reporting continual growth since 2013.
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.