Subterms
As the COVID-19 pandemic escalates across India and as a part of the cost cutting initiative due to lower sales arising there from, Royal Enfield has decided to shut down over a dozen regional offices across the country. A circular to this effect has already been sent out to the employees citing these reasons for […] More
Ampere Electric has officially launched the new Magnus Pro electric scooter in India. Priced at Rs.73,990, this new electric scooter has been first launched in Bengaluru. It will soon go on sale across the country via the company’s 200 showrooms spread over 190 cities and towns in India. At this price, the Magnus Pro has […] More
With the lockdown easing in India, car and bike brands are re-opening their showrooms, as well as launching new products. Jawa had announced the price of BS6 Jawa as well as BS6 Jawa 42 back in March, just before the lockdown. Now, BS6 Jawa and Jawa 42 BS6 have arrived at select Jawa dealerships across […] More
Indian business giant Mahindra & Mahindra plans to discontinue its wholly-owned subsidiary, GenZe. Based in California, GenZe is an EV brand offering a range of e-bikes (bicycles) and e-scooters exclusively in the US market. The information came to light when Pawan Goenka, MD of Mahindra & Mahindra, was sharing the company’s financial results in the […] More
Eicher Motors Limited (EML), the parent company of Royal Enfield, registered a revenue of Rs 9,154 crore and a profit (after tax) of Rs 1,827 crore in FY2020. Compared to the scenario in FY2019, figures went down by 7 per cent and 17 per cent, respectively. In the last quarter of FY2020, EML’s revenue hit […] More
In view of the coronavirus pandemic that hit India in March this year, there has been a complete standstill where the automobile sector is concerned. Auto companies shut down plants, showrooms and dealerships since 25th March 2020 when the Government of India declared a total lockdown across the country. Sales dipped to zero units in […] More
Triumph Motorcycles has officially launched exclusive Black editions of Bonneville T100 and T120 in India at Rs.8,87,400 and Rs.9,97,600 respectively. Both the bikes come in inspired by the 1959 Bonneville and show off timeless styling with contemporary performance. While mechanically there are no changes in these exclusive Black Edition models, they do get matte black […] More
Though automakers commenced business in early May, following lockdown orders issued on 25th March, sales of both scooters and motorcycles continued to remain subdued. The ill effects of the coronavirus pandemic spread its tentacles across every segment in the auto sector, with lower sales reported not only in the two wheeler segment but across the […] More
