Honda Motorcycle and Scooter (HMSI), one of the big two-wheeler companies, has sold 4,82,597 units in June. This is an increase of approximately 59 percent on a year-on-year basis. The company’s exports have increased by almost 70 percent last month. Activa scooter and Shine motorcycle have a major share in its sales. The company may…
Hyundai Motor, one of the big automobile companies, plans to raise about $3.5 billion through Initial Public Offering (IPO). This could be the country’s biggest IPO. Hyundai sales have increased in the country in the last few years. The company’s shares may be listed in September. In the Bloomberg report, quoting sources having information about…
Sales of TVS Motor, one of the big two-wheeler companies, increased by almost five percent last month to 3,33,646 units. In the same month last year, it was 3,16,411 units. Sales of the company’s two-wheelers increased by six percent to 3,22,168 units. Last month TVS Motor sold 1,52,701 motorcycles. This is an increase of three…
Ather Energy, one of the big electric two-wheeler companies, has informed about starting its business in Sri Lanka. Last year, the company started selling its electric scooters in Nepal. The company has tied up with Evolution Auto for business in Sri Lanka. Its first experience center will be opened in the next quarter. According to…
Bajaj Auto, one of the big automobile companies, has seen its sales increase by about seven percent last month on a year-on-year basis. The company has sold 1,77,207 units in June. In the same month last year it was 1,66,292 units. However, the company’s sales have declined compared to May. Bajaj Auto’s exports have declined…
Bajaj Auto, one of the big automobile companies, will launch the world’s first CNG motorcycle on Friday. This motorcycle is being tested for the last few days. It can be between 100 cc to 125 cc. The price of this motorcycle is likely to be around Rs 95,000. The company has not given information about…
Sales of Suzuki Motorcycle, one of the largest two-wheeler companies, have increased by almost nine percent to 88,287 units. In the same month last year, the company had sold 80,737 units. In June, the company sold 71,086 units in the country and exported 17,201 units. Devashish Handa, Executive Vice President, Suzuki Motorcycle, said, “We are…
Tata Motors, one of the largest automobile companies, has crossed 20 lakh units of SUV sales. On this achievement, the company has announced discounts on its range of SUVs. This includes reducing the starting prices of Harrier and Safari. Tata Motors’ SUV models will get a discount of up to Rs 1.4 lakh. The price…
Mahindra & Mahindra, one of the major automobile companies, has started the new base variant of the XUV 3XO reaching dealerships. It will be called MX1 and is priced at Rs 7.49 lakh (ex-showroom). The XUV 3XO was launched in April. A media Report According to, the base variant of XUV 3XO has a 1.2…
In the last few months, the central government and the private sector have taken steps to manufacture semiconductors in the country. In this series, the Tata group has tied up with American semiconductor manufacturer Analog Devices. Tata Electronics, a semiconductor company of the Tata Group, has planned to invest $11 billion to build a laboratory…