We tell you Bajaj’s profit margin per KTM motorcycle sold in India. Bajaj currently holds 47.99% stake in Austrian brand KTM. This means that Bajaj has earned Rs. 1311 crores in profit shares from KTM and Rs. 94 crores in dividends in 2017. With 54,412 KTM motorcycles being sold in the third quarter of the … Read More
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Royal Enfield To Upgrade Model Range To BS6 Norms
Royal Enfield is set to upgrade its bike range to comply with the BS6 norms before the government deadline of 1st April 2020. Royal Enfield, a part of Eicher Motors has been working on upgrading its model range to the current BS6 norms since 2016. They are in the final stages of testing, validation and … Read More
Husqvarna Sales & Service To Be Carried Out By KTM Dealers
Husqvarna bikes will be sold and serviced by KTM dealers throughout the country. Husqvarna is one of the oldest motorcycle brands in the world and now it will be launched in India under Bajaj Auto. Bajaj holds 47% stakes in the Austrian brand, KTM, whose promoters own Husqvarna. Bajaj Auto will manufacture Husqvarna’s bikes at … Read More
Honda Wants To Grow In Mid-Size Segment In India
Honda has stated that they have got a good response from customers since the CB300R was announced. Honda launched its brand-new product, the CB300R, to indulge Indian motorcycle enthusiasts. The all-new Honda CB300R is priced at Rs. 2,41,000/- (ex-showroom, India). The company says that it has got a good response from customers since the announcement … Read More
Volkswagen To Exit Sub 4-Metre Sedan Segment In 2020
Volkswagen won’t offer any products in the sub 4-metre sedan segment post 2020. Volkswagen launched the Ameo in the Indian market in 2016 and this sub 4-metre sedan was engineered specially for our market. Compact sedans with engines lesser than 1500cc in capacity get tax benefits and hence this segment is quite lucrative, and VW … Read More
India’s Most Expensive Car Number Auctioned For Rs. 31 Lakhs
A Thiruvananthapuram-based pharmaceutical distributor has recently splurged for a registration number for his Porsche 718 Boxster. K.S. Balagopal, the proprietor of a leading pharmaceuticals distribution company, spent Rs. 31 lakhs for the registration number of his choice. The auction was held by the Regional Transport Officer and the bidding started with Rs. 500/- and included … Read More
Tata Cars Available At Huge Discounts, Planning To Buy One?
Dealers are offering big discounts to clear stock of the previous year. The beginning of a new year is when a lot of car dealers start offering huge discounts to clear inventory of the previous year. Dealers of Tata Motors too want to sell of their 2018 stock and hence they’re offering very significant discounts … Read More
Royal Enfield Beats Yamaha In Sales
Royal Enfield climbs up into the top 5 motorcycle manufacturers’ list in India, overtaking Yamaha. Royal Enfield has been the hottest selling motorcycle brand in the past few years, with the updated engines and more launches, Royal Enfield has entered the mass production race. With the brand introducing the 650 twins, the Continental GT and … Read More
Hero MotoCorp Sets Up R&D Centre In Germany
Hero MotoCorp’s new R&D Centre in Germany will help develop new concepts and future products. The world’s largest manufacturer of two-wheelers, Hero MotoCorp has set up its new research and development (R&D) centre in Germany. The Hero Tech Centre Germany GmbH, located in Stephanskirchennear Munich, Germany, will work in collaboration with Hero’s global R&D hub … Read More
