MotorBeam Daily News Roundup – 29th October
News highlights of the day include Toyota, Royal Enfield, Ford and Honda.
Toyota – The Japanese carmaker has launched its first regional stockyard in India in Guwahati, Assam. This new regional stockyard will ensure efficient distribution network for Toyota in the North-East region. It will bring down the delivery time significantly from 13 days to 2 days. This will also help in boosting the sales of Toyota.
Royal Enfield – The Indian bike maker has delivered a whopping 1200 units of motorcycles in a single day in Mumbai on the occasion of Dussehra. They have retailed over 3700 motorcycles during this festive period. They are now preparing to introduce their latest Meteor 350 which will go on sale on 6th November.
Ford – The Ford EcoSport despite being the oldest car in its segment continues to manage decent sales in the market. The American carmaker has recently increased the pricing of the compact SUV by Rs. 1500/-. This is the third price hike for the vehicle in 2020. It now comes with a starting price of Rs. 8.19 lakhs (ex-showroom).
Honda – With the introduction of the Honda H’ness CB350, the Japanese bike maker is expanding its premium retail network of Honda BigWing every passing day. They have inaugurated two new dealerships today in Mumbai and Bengaluru. More cities will be gradually added to the list to boost the sales of their premium range of motorcycles in India.
Motor Trivia – Did you know, Audi Quattro was the first rally car ever in the World Rally Championship with a permanent four-wheel drive setup.
Comment of the day – Sandyzen – “If its true that Isuzu as a brand is as reliable and capable as Toyota, then this new MU-X is the real challenge to Fortuner. Its more premium and powerful this time and looks better then Fortuner atleast in paper and poster.”