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  • High costs, ad spends drag Hero Moto Q3 net down 20% Jan 17, 2013 06:10 PM IST

    High costs, ad spends drag Hero Moto Q3 net down 20%

    Hero MotoCorp missed street expectations by a wide margin as high costs and increased advertising and promotional spends to boost sluggish growth dragged third quarter net profit down 20 percent year-on-year to Rs 488 crore.

  • Here's what to expect from Hero Moto Q3 earnings Jan 16, 2013 05:44 PM IST

    Here's what to expect from Hero Moto Q3 earnings

    Bajaj Auto on Wednesday reported third quarter results in-line with street expectations. Now the focus shifts to its rival and India's top two-wheeler maker Hero MotoCorp, which reports earnings for Oct-Dec on Thursday.

  • Will miss 5m vehicle sales forecast for FY13: Rajiv Bajaj Jan 16, 2013 02:41 PM IST

    Will miss 5m vehicle sales forecast for FY13: Rajiv Bajaj

    Bajaj Auto will miss its forecast of 5 million (50 lakh) unit sales for the current financial year as demand for two-wheelers continues to remain sluggish, especially in the domestic market, Rajiv Bajaj, MD said on Wednesday.

  • Bajaj Auto meets street view; Q3 net up 3% at Rs 819cr Jan 16, 2013 01:22 PM IST

    Bajaj Auto meets street view; Q3 net up 3% at Rs 819cr

    India's second largest two-wheeler maker Bajaj Auto reported a 3 percent rise in third quarter net profit at Rs 819 crore, in-line with street expectations.

  • Kotak Institutional cuts Bajaj Auto to 'reduce' Jan 09, 2013 12:27 PM IST

    Kotak Institutional cuts Bajaj Auto to 'reduce'

    Kotak Institutional Equities on Wednesday downgraded Bajaj Auto to "reduce" from "add," saying valuations had reached a historical high and it sees limited re-rating triggers from current levels.

  • Bajaj Auto rides to a 52-wk high on highest ever Dec sales Jan 02, 2013 10:50 AM IST

    Bajaj Auto rides to a 52-wk high on highest ever Dec sales

    Bajaj Auto's total sales in December rose 13 percent year-on-year to 3.44 lakh units, its highest ever dispatches in December. The strong growth pushed its shares up 2 percent to a 52-week high of 2,178.65 on NSE in morning trade on Wednesday.

  • TVS Motor Dec sales down 8% at 1.56 lakh units Jan 01, 2013 12:13 PM IST

    TVS Motor Dec sales down 8% at 1.56 lakh units

    Two-wheeler maker TVS Motor Co's total sales in December declined 8 percent year-on-year to 1.56 lakh units.

  • China vehicle sales pick up speed Dec 11, 2012 04:28 PM IST

    China vehicle sales pick up speed

    Vehicle sales in China, the world's largest market, picked up speed last month as the mainland economy showed signs of recovery and the decline in sales of Japanese cars, hit hard by a Sino-Japanese territorial dispute, appeared to have slowed.

  • Domestic car sales up 23%, bikes rise 7% in Oct Nov 09, 2012 10:22 AM IST

    Domestic car sales up 23%, bikes rise 7% in Oct

    According to the data released by the Society of Indian Automobile Manufacturers (SIAM), motorcycle sales last month went up by 6.71 per cent to 9,36,122 units from 8,77,270 units in the same month previous year.

  • Hero Moto Q2 net down 27% YoY, sees festive sales pickup Oct 23, 2012 05:30 PM IST

    Hero Moto Q2 net down 27% YoY, sees festive sales pickup

    India's largest two-wheeler maker Hero MotoCorp's second quarter net profit declined 27% from a year ago (down 28% sequentially) to Rs 441 crore, hurt by overall slowdown in sales. However, demand has since picked up from the beginning of the Navratra period, it said on Tuesday.

  • Bajaj Auto beats street as other income helps Q2 net up 2% Oct 20, 2012 12:56 PM IST

    Bajaj Auto beats street as other income helps Q2 net up 2%

    India's second largest two wheeler maker Bajaj Auto's second quarter net profit rose 2% year-on-year to Rs 741 crore, helped by higher other income, while its core motorcycle and CV business hit the speed bumps.

  • High SUV, bike sales show high incomes, need for space:SIAM Oct 10, 2012 10:14 PM IST

    High SUV, bike sales show high incomes, need for space:SIAM

    S Sandilya, president, SIAM explains to CNBC-TV18 high SUV and bike sales show a rise in incomes and a need for space.

  • Analysts cut Hero Moto FY13 sales forecast on dismal sales Sep 03, 2012 10:43 AM IST

    Analysts cut Hero Moto FY13 sales forecast on dismal sales

    Hero MotoCorp surprised the street with a 12% decline in August sales, even as rival Honda Motorcycle and Scooter India continued to clock good volumes.

  • Bajaj Auto July sales down 5% at 3.44 lakh units Aug 02, 2012 10:12 AM IST

    Bajaj Auto July sales down 5% at 3.44 lakh units

    Bajaj Auto's total sales in July slipped 5% year-on-year to 3,44,150 units amid sluggish demand for motorcycles, especially the premium segment, where the Pune-based company is a dominant player with its Pulsar range. Three-wheeler sales also continued to be slow.

  • Harley-Davidson profit beats view, sales soft Aug 01, 2012 08:02 PM IST

    Harley-Davidson profit beats view, sales soft

    Harley-Davidson Inc reported a better-than-expected 29.7%-rise in quarterly profit, but its shares slid 5% in early trading on concerns about weakening retail sales of its motorcycles.

  • Hero MotoCorp June sales up 4% at 5.34 lakh units Jul 02, 2012 05:23 PM IST

    Hero MotoCorp June sales up 4% at 5.34 lakh units

    India's largest two-wheeler maker Hero MotoCorp's total sales in June rose 4.3% year-on-year to 5,34,091 units. However, on a sequential basis sales at the company, which makes the Splendor motorcycle and Pleasure scooter, were down 4%.

  • Despite slowdown, Bajaj eyes 40K 3-wheeler sales from Aug Jul 02, 2012 12:39 PM IST

    Despite slowdown, Bajaj eyes 40K 3-wheeler sales from Aug

    The second largest two-wheeler maker in India, Bajaj Auto reported a dip in total sales for the month of June. Its total sales dropped to 6% year-on-year to 3,45,162 units as demand for motorcycles in India slowed down. A disruption in three-wheeler sales in Eygpt and Sri-Lanka also hit the company‘s exports.

  • Mahindra plans to launch 3 motorcycles soon Jun 20, 2012 05:59 PM IST

    Mahindra plans to launch 3 motorcycles soon

    Mahindra Two Wheelers, part of the diversified Mahindra and Mahindra Group, plans to introduce three motorcycles across various segments in the coming months, a top company official said today.

  • Is Bajaj Auto losing out by ignoring scooter segment? Jun 06, 2012 10:07 AM IST

    Is Bajaj Auto losing out by ignoring scooter segment?

    Scooter sales have been growing at a brisk clip of late, beating motorcycle sales, prompting more companies to look at the segment closely. But Bajaj Auto, which stopped making scooters couple of years ago, maintains it will stick to selling motorcycles.

  • Bajaj Auto May sales slip 2% as CVs, Sri Lanka exports hit Jun 04, 2012 10:00 AM IST

    Bajaj Auto May sales slip 2% as CVs, Sri Lanka exports hit

    India's second largest two-wheeler maker Bajaj Auto's sales in May declined 2% year-on-year to 3,52,219 units as commercial vehicles tumbled and exports to Sri Lanka continued to be hit.

  • Hero MotoCorp dips as analysts worry of bumpy road ahead May 03, 2012 01:14 PM IST

    Hero MotoCorp dips as analysts worry of bumpy road ahead

    Hero MotoCorp shares skidded over 6% on Thursday after investors were disappointed with the India's largest two-wheeler maker's lower-than-expected fourth quarter results.

  • Is the slowdown bug catching two-wheelers too? Mar 03, 2012 01:29 PM IST

    Is the slowdown bug catching two-wheelers too?

    After a strong growth over the last two years, two-wheeler sales seem to have hit speed bumps. Inventories are piling up at dealers and analysts warn of subdued growth going ahead.

  • Bajaj Auto Jan total sales up 8% to 3.38 lakh units Feb 02, 2012 11:22 AM IST

    Bajaj Auto Jan total sales up 8% to 3.38 lakh units

    Bajaj Auto's total sales in January rose a slow 8% from a year ago to 337,875 units, as the slowdown seen in the two-wheeler sector post the festive season continued.

  • Industry slowdown to weigh on Hero MotoCorp ahead: Analysts Jan 21, 2012 12:31 PM IST

    Industry slowdown to weigh on Hero MotoCorp ahead: Analysts

    Hero MotoCorp on Thursday reported a 43% year-on-year jump in net profit for the third quarter and revenue was up 17%. Its two-wheeler sales in October-December were also highest ever for the quarter at 15.89 lakh units.

  • Hero MotoCorp to raise output to 7m units per year Jan 20, 2012 01:46 PM IST

    Hero MotoCorp to raise output to 7m units per year

    India's largest two-wheeler maker Hero MotoCorp is raising production capacity at its plants to 7 million units per year from 6.2 currently to meet steady demand.

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