Bajaj Auto registers 10 per cent growth in December

Two-wheeler sales are growing at a healthy clip even after several months of growth and now it has been reported that Indian’s second largest two-wheeler manufacturer Bajaj Auto backed by its popular brands Pulsar and Discover, has reported 10 per cent growth in its sales in December 2010.

According to agency reports, it has been reported that the company had sold 276,803 units during the month, up by 10 per cent as against 252,004 units during the same period of previous year. It has also been reported that this has been the best December sales for Bajaj.

Hero Honda registers 33 per cent growth in December

The country's largest two-wheeler maker Hero Honda has reported a 33 per cent growth in sales at 501,111 units for December 2010 over the same month in the previous year.

The reports have mentioned that the company said it has recorded a sales growth of 16.4 per cent during the calendar year 2010 with cumulative sales of over 5 million units. "2010 has been an outstanding year for Hero Honda. For the coming year, we further intend to solidify our leadership by launching new products combined with customer-focused marketing programs," Hero Honda Motors Sr. VP (Marketing & Sales) Anil Dua said, the reports have mentioned.

Honda looking at tripling bike sales in next 5 years

After the end of one of the world’s most successful joint-venture Hero Honda Motors Ltd., there had been lot of talk about how the Japanese company would move ahead with its plans in India. Now it has been reported that Honda though has lost the five million numbers it gained through the joint venture, it plans to reach that number in another five years.

According to a Reuters report which mentioned the Nikkei business daily from Japan stated that Honda Motor Co. plans to ramp up motorcycle production and triple sales in India to 5 million units annually in five years as its partnership with the Hero Group nears end.

Royal Enfield CEO Ravichandran moves to Eicher board

The man tunred around the sagging fortunes of the iconic motorcycles company Royal Enfield in the past five years has now finally moved ahead from the saddle and has gone to join the Eicher board. It has been reported that R.L. Ravichandran wrapped up his last day as CEO of Royal Enfield on December 31.

In a talk with the business daily The Business Line, he said “It is really no big deal. The show goes on at Royal Enfield and I continue to be associated with the Eicher Group." He is now getting ready with his new assignment as Executive Director and Member of the Board. The report stated that what gets him excited, though, is the remarkable turnaround of Enfield from the time he took over as CEO in mid-2005.

Triumph Unveils 7 New Models for 2011

If you're a fan of Triumph Motorcycles, you'll be pleased to know that Triumph just unveiled 7 new models, the largest new product lineup in the company's 109-year history, at the International Motorcycle Show in Long Beach. Triumph also introduced their new CEO of the North American division, who has worked with both Harley-Davidson and Buell Motorcycles, Greg Heichelbech.

“Triumph is one of a couple motorcycle manufacturers that can boast both an incredible heritage and state-of-the-art engineering and design," said Heichelbech." But Triumph is the only motorcycle manufacturer that has this unique, iconic brand and also has successfully created a product line that caters to a very wide variety of customers.”

Honda CBR 250R India Bookings Starts from March 2011

All those who were waiting for Honda CBR 250R can now relax as the bookings will be officially starting from March 2011 coming year in the Indian market. It has been officially declared that the bookings open from March 2011. So hard core Honda fans can braise themselves up because Honda is about to give them what they wanted.
Cheerzzzzzzzz !!
Honda’s new baby CBR 250R will most likely be available with a price tag of 1.50 – 1.75 Lakhs (Ex-Showroom). The bike will be available in two variants ABS and Non ABS; both these versions will also be present for the people to book and try their hands on this amazingly powerful bike. The difference in price of both the versions of CBR 250R is speculated to be around 20,000.
News also has it that the bookings for the CBR 250R will be made against a cash payment of 15,000 INR.

Honda not obsessed about going after number one position

Honda Motor Company, which is among the leaders in two-wheeler markets all over the world, has just split from the joint venture with Hero group which had gave a strong five million units to add to its numbers in the Asean region. But now the company’s subsidiary Honda Motorcycles and Scooters India (HMSI) has to start the lone march but the company insists it is not behind any numbers or top position yet.