Aurelia Butler

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    Royal Enfield Sales Breakup Nov 2022 – Classic, Meteor, Himalayan, 650 Twins

    Royal Enfield has registered a YoY growth of 46.69 percent in domestic markets while exports dipped 26.64 percentImage – Bullet TowerRoyal Enfield continues to command the 350cc segment with models such as the Classic 350, Hunter 350, Meteor 350 and Bullet 350. It was these very bikes that drove sales of the company month after month. Nov 2022 sales report was not very different from previous months.Royal Enfield domestic sales in Nov 2022 stood at 65,760 units, up 46.69 percent over 44,830 units sold in Nov 2021. MoM sales on the other hand, dipped 14.07 percent from 76,528 units sold in Oct 2022. It was the RE Classic 350 that ruled the list with 26,701 units sold in the past month, up 36.23 percent YoY from 19,601 units sold in Nov 2021. This bike commands a 40.61 percent share in Nov 2022 while this share percentage stood at 41.54 in Oct 2022. MoM sales however, dipped 16.01 percent from 31,791 units sold in Oct 2022.Royal Enfield Sales Breakup Nov 2022The recently launched RE Hunter 350, the company’s most affordable offering at a starting price of Rs 1,49,900 (ex-showroom), has found its way to 2nd position on the sales list. Sales stood at 15,588 units in Nov 2022, a marginal MoM growth of 0.93 percent from 15,445 units sold in Oct 2022.It was followed by the Bullet 350 which posted a 5.98 percent YoY and 6.21 percent MoM degrowth to 8,211 units in Nov 2022. The company had sold 8,733 units and 8,755 units in Nov 2021 and Oct 2022 respectively. Despite de-growth, share percentage increased from 11.44 to 12.49 percent MoM.Royal Enfield Sales Nov 2022Sales increased YoY for the RE Meteor 350 by 919 units or 13.56 percent to 7,694 units in Nov 2022 from 6,775 units sold in Nov 2021. October 2022 sales had been at 10,353 units relating to a 25.68 percent MoM de-growth. In the 350cc segment, the company also has Electra 350 of which 4,170 units were sold last month, down 2.04 percent from 4,257 units sold in Nov 2021. MoM sales fell by 8.85 percent over 4,575 units sold in Oct 2022.There was also RE Himalayan and 650 Twins lower down the list, both of which posted YoY and MoM de-growth. Himalayan sales dipped 35.92 percent to 2,121 units last month from 3,310 units sold in Nov 2021 while in Oct 2022, sales had been at 3,751 units relating to a 43.46 percent MoM de-growth. 650 Twins also suffered 40.85 percent YoY and 31.43 percent MoM degrowth to 1,274 units in the past month. Despite this de-growth, it was these two models (Interceptor and Continental GT) that dominated the 500cc+ segment in Nov 2022, with a 77.97 percent market share.RE Exports Nov 2022Royal Enfield suffered lower exports both on YoY basis by 26.64 percent to 5,006 units from 6,824 units sold in Nov 2021. MoM sales fell 12.28 percent from 5,707 units shipped in Oct 2022. Globally, it was the Hunter 350 that commanded the most attention with 2,403 units shipped in Nov 2022. It was at 1,290 units in Oct 2022 relating to an 86.28 percent MoM growth. Share percentage increased from 22.60 percent held in Oct 2022 to 48.00 percent last month.Royal Enfield Exports Nov 2022RE Himalayan also posted positive sales in global markets to 1,041 units in Nov 2022, up 13.40 percent from 918 units shipped in Nov 2021. MoM sales growth was at 30.45 percent from 798 units exported in Oct 2022. Classic 350cc exports fell 39.20 percent YoY and 30.33 percent MoM to 836 units while 650 Twins exports dropped 80.24 percent YoY and 62.60 percent MoM to 374 units in Nov 2022. Similarly, Meteor 350 exports also fell 86.49 percent YoY and 75.19 percent MoM to 352 units. The Classic 500, of which the company had exported 33 units in Nov 2021 has since been discontinued. More

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    Yezdi Production, Sales To Continue Despite Ban – Company To File Appeal

    While Karnataka High Court has banned Classic Legends from using Yezdi name, the company is seeking legal advice and will file an appeal shortlyYezdi Motorcycle Ban Update. Image – JAY CHOUDHARYAt a time when Yezdi was just starting to gain traction, a court ruling has barred Classic Legends from using the ‘Yezdi’ trademark. In its order, the court said that the Yezdi trademark name remains the property of the official liquidator (OL) of Ideal Jawa. The case to ban the use of Yezdi trademark was filed by Ideal Jawa Employees Association.These developments are a setback for Classic Legends, which has been tasked to resurrect legendary motorcycle brands. After Jawa debuted in 2018, the company had launched Yezdi motorcycles in January 2022. It currently has three bikes – Yezdi Roadster, Scrambler and Adventure.End of Yezdi?While enthusiasts may be a bit disappointed with legal developments, Classic Legends has assured that production and sales will continue. It will be “subject to order of the Appellate Court”. The company will be challenging the court order and is hopeful of getting a favourable resolution.The case is a bit complicated, as it dates back to 1960 when Ideal Jawa (India) came into existence. Registration of Yezdi trademark was received in 1969. While Yezdi enjoyed its glorious days with a significant fan following, the company eventually started facing existential issues in the 1980s. As a result, the company decided to wind up operations in 1991. As part of the winding up process, an Official Liquidator was appointed in 2001.Yezdi Motorcycle Ban Update. Image – Jay ChoudharyAs the company did not pay the necessary fee to renew the Yezdi trademark, it lapsed and was removed by the Trademark Registry. In parallel, other developments were taking place such as launch of Yezdi website in 1998. Later in 2013 and 2014, the Yezdi trademark was registered in trademark offices in Mumbai, Delhi and Ahmedabad. All these registrations were done by Mr. Boman Irani, who is the claimant of Yezdi trademark in this case.Apparently, no one bothered to file a case at that time since Yezdi trademark had hardly any financial value associated with it in 2013. No one would have thought that Yezdi brand would be revived and gain popularity once again. Now that Yezdi brand has decent financial worth, its ownership is being claimed by two parties.What happens next?As per current court ruling, Ideal Jawa Employees Association stands to gain significantly. The court has ordered that Boman Irani and Classic Legends should pay the company for all the gains made via the use of Yezdi trademark. The Official Liquidator of Ideal Jawa has been directed to appoint a Chartered Accountant firm that can provide an estimate of the overall gains made by Mr. Irani and Classic Legends from use of Yezdi trademark.Both Mr. Irani and Classic Legends have also been directed to pay Rs 10 lakh each to the Official Liquidator. The funds will be utilized for the winding up operations of Ideal Jawa. Classic Legends will be challenging the court order, as per legal recourse suggested by their lawyers. Meanwhile, Yezdi sales and production will continue, dependant on orders of the Appellate Court. It is possible that the matter may be resolved via an out-of-court settlement, as no one will benefit in case of a prolonged legal battle. More

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    in Motor News

    Chevy Corvette E-Ray Sure Looks Ready for Winter

    We have seen quite a lot of the upcoming Chevrolet Corvette E-Ray this past month, including what looked like a completely undisguised prototype just last week. While we do not yet have a reveal date for the actual car, and with it any specific information about its hybrid components, we do know that the version we have seen in a recent configurator leak should bear the E-Ray name and a wide body familiar to anyone who has seen the C8 Z06. We do not know where exactly the electric power is being sent just yet, but the latest leaked video gives some hope that, as we heard all the way back in 2020, the power may be going to the front wheels.We’ve Been Talking about This for a WhileThe video, uploaded by Corvette Nut on YouTube with the conspicuous title “°•“°☆°•~♤°|♧°•`~°■•,” looks a lot like a leak of an official GM clip. It features a “professional driver, closed course” caption in fine print at the bottom and ends with a Corvette logo, but Corvette Blogger notes that this is actually the older C7-generation variant of the logo. Whether or not the clip is official, the important thing is what it shows: a wide-bodied, camouflaged Corvette drifting through light snow.Does this mean the E-Ray will be getting that rumored all-wheel drive? If you were hoping to show the winter prowess of an all-wheel-drive Corvette, there would be no better way to do it. We still have to wait to see the final car for any real answers, but the sheer number of new looks at the car this week seem to indicate that a finished product could be imminent. This content is imported from OpenWeb. You may be able to find the same content in another format, or you may be able to find more information, at their web site. More

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    Suzuki Sales Breakup Nov 2022 – Access, Burgman, Avenis, Gixxer

    Suzuki sales improved 13.46 percent in domestic markets and 63.58 percent in terms of exports on a YoY basisSuzuki AvenisSuzuki Motorcycle India Private Limited, a subsidiary of Suzuki Motor Corporation, Japan, has seen sales growth both in domestic and export markets in November 2022. Suzuki Sales Breakup Nov 2022 increased YoY by 13.46 percent to 63,156 units from 55,662 units sold in Nov 2021. This was a 7,494 unit volume growth.Exports on the other hand grew by 63.58 percent to 16,203 units from 9,905 units sold in Nov 2021. This took total sales to 79,359 units in Nov 2022, up from 65,567 units sold in Nov 2021. Top seller in the domestic market was Access, while in exports it was the Gixxer.Suzuki Sales Breakup Nov 2022In domestic markets, it was the Suzuki Access scooter that commanded the most attention. Sales increased 13.26 percent to 48,113 units in Nov 2022 from 42,481 units sold in Nov 2021. Suzuki Access scooter was also the 2nd best-selling scooter in India last month after the Honda Activa and outselling TVS Jupiter (47,422 units) by 691 units.None of the other models on the list could surpass the 10,000 unit mark. Suzuki Burgman sales dipped 21.74 percent YoY to 8,803 units, down from 11,248 units sold in Nov 2021. The new Avenis came in at No. 3 with sales of 5,231 units. The Avenis is a sportier scooter and shares much of its design, hardware and engine specs with the Burgman.Suzuki Sales Breakup Nov 2022Suzuki Gixxer sales dipped 61.94 percent to 649 units in the past month, down from 1,705 units sold in Nov 2021 relating to a 1,056 unit volume de-growth. There were also 319 units of the Suzuki V-Strom SX 250 sold last month while sales of the Hayabusa were up 94.12 percent to 33 units from 17 units sold in Nov 2021. V-Strom 650 sales dipped 60 percent to 4 units from 10 units while there were also 4 units of the Katana sold in Nov 2022.Suzuki Exports – Nov 2022Reporting a 63.58 increase in demand in global markets, Suzuki shipped out 16,202 units in Nov 2022, from 9,905 units exported in Nov 2022. Every model on the company list has seen an increase in demand with the Gixxer being the highest exported model. Gixxer exports increased 33.78 percent YoY to 8,420 units from 6,294 units shipped in Nov 2021. The Gixxer currently commands a 51.97 percent share.At No. 2 was the Burgman with exports up by 41.66 percent to 3,132 units in Nov 2022 from 2,211 units shipped in Nov 2022. There were also 2,881 units of the Avenis scooter exported last month while the Avenis commands a 17.78 percent share in the company lineup.Suzuki Exports Breakup Nov 2022Suzuki Gixxer 250cc saw a 3.16 percent growth in Nov 2022 to 1,304 units, up from 1,264 units sold in Nov 2021 while there were also 216 units of the Access scooter sold in Nov 2022. Exports stood at 210 units for the V-Strom SX 250 while there were 40 units of the Hayate exported both in the last month and in Nov 2021. Suzuki removed the Intruder 150 cruiser motorcycle from its official website earlier this year even as the company had sold 96 units in Nov 2021. More

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    in Electric Cars

    Kia EV9 Electric SUV Teased – India Debut 2023 Auto Expo

    Hyundai SEVEN concept (production name – Ioniq 7) is underpinned by the same E-GMP platform like Kia EV9 conceptKia EV9 Electric SUV Teased For IndiaMost cars falling under Hyundai’s umbrella, have vertical integration across their sub-brands. We have seen this in India as well with Creta-Seltos and Venue-Sonet. In global markets, Hyundai takes this platform sharing a notch above by bringing its luxury brand Genesis to the mix as well.The same concept sticks with Kia and Hyundai’s concept vehicles. If there is a Hyundai concept, it will likely spawn a Kia as well. There will be major differences in styling, though. Same is true with Hyundai SEVEN concept and Kia EV 9 concept. Speaking of, Kia EV 9 concept is now teased for India and will be showcased at 2023 Auto Expo taking place in Greater Noida next month.Kia EV9 Electric SUV TeasedAt Kia Motors pavilion at 2023 Auto Expo, there will be a lot going on. The most awaited of them all is Seltos facelift with more tech (ADAS) and features (panoramic sunroof) along with a new 1.5L turbo petrol engine. This engine replaces the 1.4L turbo petrol unit and packs in more punch with up to 160 PS of power.Kia could also showcase a new generation of Kia Carnival (globally sold as Sedona) and Sorento SUV. India still gets the 3rd generation model, while the 4th generation model has been on sale since 2020. An update to the Carnival was long overdue and along with that, we will get to witness Sorento SUV as well, for the first time in India.[embedded content][embedded content]The star of the show will obviously be the Kia EV9 concept. With radical design and boxy silhouette, Kia has playfully integrated butch and boxy designs of yesteryear with modernity and a lot of drama. Hyundai’s counterpart of this concept is Ioniq 7 which takes a swoopy approach to its concept. Kia EV9 concept looks like a buff version of Kia Soul EV on steroids.Test mules of production-spec version Kia EV9 have been spotted in South Korea before. Most of the boxiness and butch appeal is carried over to the production-spec model. We saw a glimpse of this large barge of an SUV at LA Auto Show 2021. Now, it will be showcased at Kia Motors pavilion at 2023 Auto Expo.Specs & DimensionsKia EV9 concept vehicle is Telluride sized. In simple terms, it will be slightly over 5m in length, almost 2m in width and over 1.7m in height. Kia Telluride has a 2,900mm long wheelbase. Technical specifications of the Kia EV9 concept are not yet out. On the inside, this concept vehicle gets an interesting setup with three seating modes; Active, Pause and Enjoy. For driver, there is an ultra-wide 27 inch HD display.2023 Kia EV9 Electric SUVA large fixed glass roof dominates the roof. It is based on E-GMP (Electric Global Modular Platform), just like Hyundai SEVEN (production-spec name is Ioniq 7). A 100 kWh battery pack with up to 500 km of range from a single charge, is a possibility. Production-spec Kia EV9 will get both 2WD and 4WD options as well. More

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    Yezdi Trademark Under Liquidator’s Realm and not with Classic Legends – Karnataka HC

    Karnataka high Court has restrained Classic Legends to stop usage of Yezdi trademark as Ideal Jawa owns itNew Yezdi Roadking Render – For Reference OnlyIdeal Jawa Pvt Ltd, one of Karnataka’s jewels and was an icon when Indian motorcycling history is considered. Yezdi is derived from the Czech word. Jezdi.Since inception, Yezdi trademark has been Ideal Jawa’s property and was resurrected by Mahindra’s subsidiary, Classic Legends after absence of over 2 decades. There are three models to choose from, Scrambler, Roadster and Adventure. In November 2022, the company registered growth in sales.Yezdi Trademark TussleThe court holds Boman Irani and Classic Legends liable to account and pay Ideal Jawa. This includes payment to Ideal Jawa for all gains accrued for using the Jawa trademark. They needs to provide all details of sales and earnings to the OL for all usage of ‘Yezdi’. The OL has been instructed to appoint a CA firm of repute to determine benefits accrued from use of Yezdi trademark.And once the trademarks are properly valued, OL is allowed to sell all trademarks, and associated rights and goodwill through auction at proper valuation. Additionally, Classic Legends and Boman Irani are fined Rs. 10 lakhs.Yezdi LineupWhen Ideal Jawa went defunct in 1996, all assets of the company including Yezdi trademark, fell into the domain of Liquidator’s office. In that state, Yezdi trademark couldn’t have been procured by anyone unless all dues of Ideal Jawa are fully cleared. Until then, Yezdi trademark is solely under the realm of Liquidator’s office.Ideal Jawa Employees Association took this to court. Karnataka High Court has now declared that all trademark registration certificates issued by registrar of trademarks of Delhi, Ahmedabad and Mumbai as null and void to Boman Irani as done in bad faith. It is now directed by court to revert the trademark back to to Ideal Jawa through Official Liquidator, as they had never abandoned the trademark to begin with.OutcomeIdeal Jawa Employee Association had filed an application to registrar of trademarks against the trademark registrations of Yezdi to Classic Legends. The Association urged to raise funds from Ideal Jawa assets (Yezdi trademark) to settle creditor dues that stood tall for decades, including employee payments. The order is in abeyance for a period of a month. This so aggrieved parties can challenge it before the appellate forum.Classic Legends response – “The order is held in abeyance and the company is seeking legal advice on the matter. The company will be filing an appeal against the order shortly and is optimistic of securing favourable relief. In the interim, manufacturing and sale of motorcycles will continue, subject to orders of the Appellate Court.” More

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    Top 10 Motorcycles Nov 2022 (200cc To 500cc) – Bullet, CB350, KTM, Pulsar

    Only Jawa/Yezdi retail sales showed decent growth MoM, Hunter 350 saw MoM growth below 1% mark, while the rest saw declineImage – Bullet TowerNovember 2022 doesn’t seem to be a productive month for motorcycles falling in the 200cc to 500cc segment unlike October 2022. Even though 40.98% YoY growth was registered, there is a 19.75% decline when MoM sales are concerned with over 95% of motorcycles showing de-growth. Classic 350 still is the top gun in this list with 26,702 units sold.As opposed to 19,601 units sold last year and 31,791 units sold a month before, Classic 350 saw 36.23% YoY growth and a 16.01% MoM decline. Despite that, Classic 350 holds 35.66% of market share in this segment. Hunter 350 takes 2nd spot with 15,588 units sold in its name. Hunter 350 is the only individual motorcycle to show MoM growth of a mere 0.93%.Top 200cc To 500cc Motorcycles Nov 2022Meteor 350 took 3rd spot with 7,694 units and registered 13.56% YoY growth and 25.68% MoM decline. After the top 3, 4th to 7th position on this list is occupied by Bullet 350, Electra 350, CB350 and Himalayan with 8211, 4170, 2032 and 2121 units respectively. All 4 of these motorcycle sales declined in both YoY and MoM analysis.KTM sales registered YoY growth and MoM decline. KTM 250 series and 390 series fall into the 200cc to 500cc motorcycles segment and take 8th and 11th spot respectively. KTM 250 series clocked 909 units and saw 23.67% YoY growth, while the 390 series clocked 455 units and almost doubled its sales YoY at a 91.18% growth rate.200cc to 500cc motorcycle sales Nov 2022 – YoY AnalysisBajaj Dominar 250 and Pulsar 250 clocked 407 and 470 units respectively and failed to register any type of growth with their figures, be it YoY or MoM. At 406 units, Bajaj Dominar 400 took the same route as its smaller siblings. Honda CB300 and Bajaj Avenger 220 sales fell close to each other at 367 and 314 units respectively and both of them fell into the red and couldn’t show positive growth.FZ25 Saw 3157% YoY GrowthThe highest sales growth recorded in November 2022 has to be Yamaha FZ25. As opposed to just 14 units sold last year, FZ25 sold 456 units last month and registered 3157% YoY growth and gained 442 units in volume YoY. Even though FZ25 gained a glorious gain YoY, sales dropped by 6.75% MoM.There is a difference of just 10 units between Apache RR 310 and Suzuki V Storm 250 SX, with sales figures standing at 309 and 319 units respectively. That said, there was no positive growth between the two. Kawasaki Ninja 300 and Husqvarna 250 sold 126 and 135 units respectively and dropped sales on both YoY and MoM basis.200cc to 500cc motorcycle sales Nov 2022 – MoM AnalysisKawasaki Ninja 400 managed to sell 20 units. Suzuki Gixxer 250 lineup comprises naked Gixxer 250 and faired Gixxer 250 SF. Both of them sold zilch despite being underrated motorcycles. Apart from Hunter 350, Jawa and Yezdi retail sales is the only one that showed positive growth. With 3,673 units sold, 23.42% YoY and 5.06% MoM growth was registered. More

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    Kinetic Luna Electric Launch Soon – Chassis Production Starts

    Primary target should be B2B companies for the 2023 Kinetic Luna in an electric guise with around 70 km of rangeImage – Slimline Customs, For Reference OnlyRemember the Luna moped? A 50cc moped that was extremely popular once? Rings a bell, doesn’t it? In fact, it was so popular that people started calling every other moped, a Luna. Like every scooter is a scooty in India or every ladder frame car is a Jeep or every Royal Enfield is a Bullet and every photocopying machine is Xerox.Such was the pull of Luna back in the day. It was manufactured by Kinetic Group in India with a 50cc engine. It was frugal, practical and aided a lot of small families and business owners alike. There was a time when Luna would sell around 2,000 units a day, making it the most popular Moped in India with prices starting at Rs. 2,000 back in the day.2023 Kinetic Luna ElectricIt was in production since 1972 and after 50 years of its inception, Kinetic Group has announced a revival of this iconic moped legend with a twist. The twist is that it will only be offered in an EV guise. It won’t be priced at just Rs. 2000, though. Let’s take a look.Fast forward to December 2022, there is a monopoly in moped market by TVS right now. With XL100 being the only ICE moped in the country, it sells around 30K to 40K units per month. Kinetic Group is not planning to revive Luna as is with its 50cc engine. Instead, Luna is set to be an electric vehicle.2023 Kinetic Luna Electric – E Luna chassis production startsThere are a lot of electric scooters springing up regularly that are solely targeted at the B2B sector. Even Honda is in the line to launch EVs for the B2B sector. A recent patent of an electric moped has surfaced and Benly-e test mules are getting prevalent as well. The time is now for Kinetic Group to revive its iconic Luna moped in India.2023 Luna Moped will be manufactured by Kinetic Green Energy & Power Solutions, a sister brand of Kinetic Group. Kinetic Engineering Limited has even commenced production of chassis and subassemblies as well. Kinetic is setting a separate assembly line for Luna electric at a production capacity of 5K units per month. As per the announcement, it will likely be called E-Luna upon launch.Kinetic E-Luna – What To Expect?For 2023 Luna electric, Kinetic seems to be betting big. The company has installed 30 new welding machines in its new assembly line, and is kept exclusive for upcoming Luna. Even the paint shop and fabrication shops have been upgraded at the company’s manufacturing plant in Ahmednagar.Technical specs are not yet known. That said, Kinetic is sure to play the affordability card and design the product accordingly. This should definitely appeal to the target audience. A relatively small and purposeful moped with a range of around 70 km should suffice for intended use. More details will be revealed further down the line. Kinetic E-Luna launch price expected to be under Rs 50,000. More