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Car sales up 8% in June, Maruti leadsMotorcycle sales grew 6.58% during June this year to 8.79 lakh units from 8.25 lakh units in the same month last year

Jul 10, 2012 at 22:22 | Source: Business Standard

Driven by market leader Maruti Suzuki India, car sales in the country grew 8.28% to 1,55,763 units in June 2012 amid tough market conditions. According to figures released by the Society of Indian Automobile Manufacturers (SIAM) today domestic car sa...

Car sales up 8.28 pc in June; Maruti Suzuki India leads

Jul 10, 2012 at 20:16 | Source: Economic Times

NEW DELHI: Driven by market leader Maruti Suzuki India, car sales in the country grew 8.28 per cent to 1,55,763 units in June 2012 amid tough market conditions. According to figures released by the Society of Indian Automobile Manufacturers (SIAM) to...

Honda Motorcycle launches Dream Yuga in Coimbatore

Jul 10, 2012 at 17:32 | Source: The Hindu BusinessLine

Coimbatore, July 10: Honda Motorcycle Scooter India Pvt Ltd (HMSI) expects to commission its third manufacturing unit in Karnataka early next year. The new unit would take its two-wheeler manufacturing capacity to more than 40 lakh units annually, a...

Metro Tyres plans Rs 100 crore capex including a greenfield plant

Jul 08, 2012 at 07:12 | Source: Economic Times

NEW DELHI: Ludhania-based Metro Tyres plans to invest Rs 100 crore over the next five years to double its production capacity and also set up of a new greenfield manufacturing facility, a top executive said. Metro Tyres MD Rummy Chhabra said, "The R...

Mahindra Mahindra ready for long haul in two-wheeler business

Jul 06, 2012 at 02:57 | Source: Economic Times

PUNE: For the first time, Anand Mahindra, chairman designate and managing director of Mahindra & Mahindra, has openly dwelt on the failure of Stallio, the first motorcycle offering from Mahindra Two Wheelers. Withdrawing Stallio from the market has ...

HMSI to open 500 dealers in FY13; eyes sale of 27.5 lakh units

Jul 06, 2012 at 02:57 | Source: Economic Times

CHANDIGARH: Two wheeler company Honda Motorcycle & Scooter India (HMSI) today said it would expand its network by opening 500 dealers and sub-dealers in tier-II and tier-III cities as company is eyeing 30 per cent growth in sales in current fiscal. ...

Metro Tyres to invest Rs 100 crore in 5 years to strengthen business

Jul 05, 2012 at 08:42 | Source: Economic Times

NEW DELHI: Metro Tyres today said it will invest Rs 100 crore over the next five years to strengthen its business in the country, including setting up of a new manufacturing facility. The company is also considering to foray into passenger car tyre ...

Metro Tyres unveils new visual identity

Jul 04, 2012 at 17:22 | Source: India Infoline

Metro Tyres Limited, one of the leadingmanufacturers and exporters of two wheeler tyres in India, unveiled a new logoalong with a new advertisement campaign. The new identity is designed toprofile Metro as a company that understands youth aspiration...

WheelOCity: Riding his dream

Jul 04, 2012 at 10:16 | Source: DNA India

A car enthusiast since childhood, Manoj Lalwani quit his thriving practice as an advocate andventured in the automobile industry. With the help of his family owned company, V J Automobiles that dealt in two wheelers, he set up Ritu Automobiles to cap...

Honda Motorcycle Scooter India touches 10 million cumulative sales mark in India

Jul 04, 2012 at 04:22 | Source: Economic Times

MUMBAI: From achieving its 1st million mark in five years to achieving the last 10th million in just 5 months, Honda Motorcycle & Scooter India (HMSI) has grown to meet increasing customer demand in India, the world's second largest two-wheeler marke...

Women ride scooters back onto Indian roads

Jul 04, 2012 at 04:22 | Source: Economic Times

Chennai: Six years ago, India's two-wheeler market was dominated by motorcycles , whose share came to 84%. Now, that pie has significantly reduced to 75%, with scooters making a comeback on Indian roads. Most of this growth is being driven by an unl...

HMSI touches 10 million cumulative sales mark in IndiaThe company said it is poised to reach 4 million annual production capacity by 2013

Jul 03, 2012 at 23:57 | Source: Business Standard

Honda Motorcycle Scooter India (HMSI) today said it has touched the 10 million units milestone in cumulative sales of two-wheelers in the country. From achieving its first million mark in five years to achieving the last 10th million in just five mon...

Diesel cars provide relief to manufacturers

Jul 03, 2012 at 04:56 | Source: The Hindu BusinessLine

Poor demand on the back of a negative market sentiment has led most carmakers to post sluggish growth in June, as compared to the same month last year. The continuation of the slowdown seen since April has been attributed to the high interest rates,...

Two-wheeler sales up 7%

Jul 03, 2012 at 02:01 | Source: Business Standard

Despite new launches, two of the top four two-wheeler manufacturers in India reported a fall in sales in June, compared to the year-ago period. Sales of the country s top four two-wheeler producers rose seven per cent to 12,44,770 units in June, comp...

HMSI seeks to expand market in North EastAlso looking at strengthening its dealership network in the region

Jun 30, 2012 at 00:17 | Source: Business Standard

Two-wheeler major, Honda Motorcycle Scooter India (HMSI) is looking at expanding its market presence in the North Eastern states on the back of its recently launched mass segment bike 'Dream Yuga'. With the attractive unique features like 72 kmpl mil...

Honda Motorcycle Scooter India seeks to expand in North Eastern states

Jun 30, 2012 at 00:17 | Source: Economic Times

GUWAHATI: Two-wheeler major Honda Motorcycle & Scooter India (HMSI) is looking at expanding market in North Eastern states on the back of its recently launched mass segment bike 'Dream Yuga'. "With features like 72 kmpl mileage, MF battery and intel...

Honda Motorcycles eyes expansion in N-East

Jun 29, 2012 at 19:56 | Source: The Hindu BusinessLine

Guwahati, June 29: Honda Motorcycle Scooter India (HMSI) is looking at expanding its market presence in the North Eastern States on the back of its recently launched mass segment bike ‘Dream Yuga’. “With the attractive unique featu...

Honda to focus on rural marketThe company also plans to ramp up production at its second manufacturing plant in Rajasthan

Jun 28, 2012 at 01:07 | Source: Business Standard

Honda Motorcycles and Scooters India (HMSI) is planning to tap the rural markets with the launch of its mass segment bike Dream Yuga , a top company official said. Besides, the company planned to ramp up production at their second manufacturing plant...

Honda Motorcycle Scooter's to bring in more mass market models, reach ruler market

Jun 27, 2012 at 12:22 | Source: Economic Times

MUMBAI: Taking a leaf out of the well-honed strategy of the Munjals, its erstwhile partners, Honda Motorcycle & Scooter India (HMSI) is now working towards spreading its wings to far-flung towns as it aims to grow its market share in India. The hear...

Targeting top slot, TVS gears up for series of launches

Jun 26, 2012 at 14:51 | Source: Economic Times

MUMBAI: After crashing out of the top three in the Indian two-wheeler market, Chennai based TVS Motor Company is working on a slew of new products to regain ground lost to Honda Motorcycle and Scooters India and Bajaj Auto. TVS Motor is investing Rs...

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