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      Two Wheeler Sales Feb 2024 – Hero, Honda, TVS, Bajaj, Suzuki, Royal Enfield

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      New Hero Splendor 01 Edition. Image – Dev MtrHero MotoCorp and Honda have solidified their positions as industry leaders, collectively contributing to over 52% of the total market shareThe Indian two-wheeler industry has demonstrated robust growth in February 2024, combining strong domestic and export sales. Hero MotoCorp and Honda have emerged as frontrunners, contributing significantly to the industry’s overall stellar performance.Two Wheeler Sales Feb 2024 – DomesticHero MotoCorp, the country’s largest two-wheeler manufacturer, reported a remarkable 16.46% year-on-year (YoY) growth, selling 4,45,257 units in January 2024 compared to 3,82,317 units in the same period last year. Honda, securing the second spot, experienced an even more impressive YoY growth of 82.31%, with 4,13,967 units sold in January 2024 compared to 2,27,064 units in January 2023.Two Wheeler Sales Feb 2024 – DomesticTVS Motor Company maintained its strong position with a YoY growth of 20.82%, selling 2,67,502 units in January 2024. Bajaj Auto, Suzuki, and Royal Enfield also contributed significantly to the sector’s growth, with YoY growth percentages of 41.71%, 58.82%, and 5.39%, respectively. The cumulative domestic two-wheeler sales for January 2024 reached a staggering 14,48,479 units, marking a remarkable 35.62% YoY growth.On a month-on-month (MoM) basis, Hero MotoCorp continued to dominate with a 5.78% growth, selling 4,45,257 units in January 2024 compared to 4,20,934 units in December 2023. Honda followed suit with an 8.22% MoM growth, selling 4,13,967 units in January 2024. TVS witnessed a marginal decline of 0.27% MoM, while Bajaj Auto experienced a more substantial drop of 11.80%. Suzuki and Royal Enfield also faced challenges, reporting 3.47% and 3.73% MoM declines, respectively.Two Wheeler Exports Feb 2024Two Wheeler Exports Feb 2024Bajaj Auto, with a notable 7.94% year-on-year (YoY) growth, led the export charts, shipping 1,24,157 units in February 2024 compared to 1,15,021 units in the same period last year. TVS demonstrated an impressive YoY growth of 97.94%, exporting 90,308 units, a significant increase from 45,624 units in February 2023. Honda, securing the third spot, reported a remarkable 122.49% YoY growth, exporting 44,744 units, while Hero MotoCorp and Suzuki also displayed substantial growth percentages of 90.67% and 22.23%, respectively.The cumulative two-wheeler exports for February 2024 reached a staggering 3,04,506 units, marking a remarkable 39.57% YoY growth. Bajaj dominated the export market with a 40.77% share, followed by TVS with 29.66%, showcasing their stronghold in the global arena.On a month-on-month (MoM) basis, Bajaj Auto maintained its momentum with an 8.06% growth, exporting 1,24,157 units in February 2024 compared to 1,14,898 units in January 2024. TVS witnessed a substantial MoM growth of 46.36%, exporting 90,308 units. Honda and Hero MotoCorp also demonstrated positive MoM growth, while Suzuki faced a marginal decline of 7.34%.Two Wheeler Total Sales Feb 2024 – Exports + DomesticTwo Wheeler Total Sales Feb 2024 – Exports + DomesticHero MotoCorp reported an impressive 18.75% year-on-year (YoY) growth, with a total of 4,68,410 units sold in February 2024, compared to 3,94,460 units in the same period last year. Honda, securing the second position, showcased exceptional YoY growth of 85.58%, with a total of 4,58,711 units sold in February 2024. TVS also played a pivotal role, achieving a remarkable 34.00% YoY growth, selling a total of 3,57,810 units.Bajaj Auto and Suzuki displayed commendable performances, contributing to the industry’s overall growth with YoY growth percentages of 25.21% and 37.97%, respectively. Royal Enfield also posted a positive YoY growth of 6.12%. The cumulative two-wheeler sales for February 2024 reached an impressive 17,52,985 units, marking a notable 36.29% YoY growth. Hero MotoCorp led the market with a 26.72% share, closely followed by Honda with 26.17%, highlighting the dominance of these two manufacturers in the industry.On a month-on-month (MoM) basis, the industry continued to exhibit positive trends. Hero MotoCorp, Honda, and TVS experienced MoM growth percentages of 8.03%, 9.37%, and 8.45%, respectively. Bajaj Auto faced a marginal decline of 4.40%, while Suzuki and Royal Enfield also experienced slight fluctuations. More

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      2024 Yamaha Jog 125cc Launch Price 264k Yen (Rs 1.46 Lakh)

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      2024 Yamaha Jog 125ccUpdated package for 2024 Yamaha Jog 125cc scooter includes two new colour options and some new featuresAmong Yamaha’s entry-level two-wheelers, the Jog 125cc scooter is one of the most affordable options. Yamaha has revealed the 2024 model, which will go on sale in its home market Japan on 19th March. Price of the new 2024 model is 9,000 yen (approx. Rs 5,000) more in comparison to that of the outgoing model.2024 Yamaha Jog 125 – Key featuresYamaha Jog 125 new model is equipped with all the necessary features people will need for their daily commutes. For example, the scooter has a spacious 21.3-litre under seat storage. It can easily accommodate a full-size helmet, along with some other small items.2024 Yamaha Jog 125ccAt the front, the scooter has a dedicated space for a small bottle. A robust hook has been provided to optimize the use of the floorboard area. Users who need to charge their phone can install a USB charger, offered as an optional feature.With seat height of 735 mm, Yamaha Jog 125 offers optimal control and handling and good footing. It makes the scooter especially relevant for shorter riders. Jog 125 is also preferred for its compact profile, which allows easy manoeuvrability across busy city streets.2024 Yamaha Jog 125ccThe scooter is 1,740 mm long, 675 mm wide and 1,090 mm tall. Wheelbase is 1,205 mm. The compact proportions also allow easy parking in cramped spaces. Yamaha Jog 125 2024 model weighs just 95 kg. The lightweight profile is another key advantage for users.2024 Yamaha Jog 125cc2024 Yamaha Jog 125 – Two new shadesOverall design and styling of 2024 Jog 125 is largely the same as the outgoing model. The scooter has an eye-catchy profile, with features such as a rectangular headlamp, vertically positioned DRLs and turn signals, sporty rear-view mirrors, long and wide seat, sporty exhaust muffler and a robust grab rail.2024 Yamaha Jog 125cc – SpecificationsThe 2024 model gets two new colour options of Vivid Red Metallic 5 (Red) and Dull Blue Solid B (Light Blue). While the red variant will attract folks who like to flaunt, the light blue shade is all about understated elegance. With the additions, the scooter now has a total of four colour options. The colour options carried forward are Black Metallic X (Black) and White Metallic 1 (white).2024 Yamaha Jog 125cc2024 Yamaha Jog 125 – Specs, performanceJog 125 has 10-inch wheels at both ends, shod with 90/90 front and rear tyres. Both wheels come with drum brakes. The scooter has telescopic suspension at front and rear. Fuel tank capacity of 4 litres indicates that this scooter is suited for urban commutes.2024 Yamaha Jog 125ccPowering the scooter is a 124cc, air cooled, 4-stroke, SOHC, single cylinder engine that churns out 8.3 PS of max power and 9.8 Nm of peak torque. It is mated to a V-belt type continuously variable speed transmission. Folks who want to reduce operational costs will value this scooter, as it has pretty good mileage of 51.9 km/l (As per WMTC standards). More

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      TVS Sales February 2024 – Sold Close To 3.67 Lakh Vehicles

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      TVS Apache RR 310 Miami BlueThe company showed a potent growth in exports, where 2W vehicles are concerned and expanding its global presence with new launchesIndia’s leading 2W and 3W manufacturer, TVS Motor, have been actively pushing its limits and expanding its lineup in India and abroad. The sales for the company have been rising and the same reflected in February 2024 sales charts as well. For TVS Motor, total sales (2W+3W) stood at 3,68,424 units.TVS Sales February 2024For the month of February 2024, TVS’ sales figures fell completely into the green. At least with the YoY analysis. There were quite a few segments where TVS faced a slight setback in MoM analysis. Motorcycles remained TVS’ highest selling genre with around 1,84,023 examples sold last month.Motorcycles saw 45.77% YoY growth as opposed to 1,26,243 units sold in February 2023 and when compared to 1,55,611 units sold in January 2024, there was an 18.26% MoM growth. For TVS, motorcycles accounted for 51.43% sales, up from 47.16% in January 2024. Volume growth for motorcycles stood at 57,780 units YoY and 28,412 units MoM.Next in line is Scooters with 1,32,152 units. TVS has upped the scooter game YoY with a 26.07% growth as opposed to 1,04,825 units a year ago. However, there was a negligible 0.10% MoM dip as the company sold 1,32,290 scooters a month before. Scooters accounted for 36.93% of TVS’ total sales. Volume gain stood at 27,327 units YoY.TVS Sales February 2024 – YoYThe company’s electric scooter lineup saw 17,959 units which registered 15.7% YoY growth and 10.34% MoM growth when compared to 15,522 units a year ago and 16,276 units a month before. Electric scooter business accounted for a 5.02% share, but there was a 2,437 units YoY and 1,683 units MoM volume gain.TVS is still the stalwart in mopeds and has aced this genre. With 41,635 mopeds sold, there was a 15.79% YoY growth and a 0.95% MoM decline. Volume gain YoY stood at 5,677 units YoY and volume loss MoM was 401 units. Mopeds account for 11.64% of TVS’ total sales. In domestic markets, TVS sold a total of 2,67,502 2W vehicles with 20.82% YoY growth and a 0.27% MoM decline.Where TVS’ exports are concerned, the company shipped 90,308 units with almost double the numbers YoY at 97.94% growth and 46.36% MoM growth. Volume gained in exports was 44,684 units YoY and 28,604 units MoM. Domestic sales accounted for 74.76% and exports 25.24% of TVS’ total 2W sales. Speaking of, TVS sold 3,57,810 2W vehicles last month with 34% YoY and 8.45% MoM growth.TVS exports saw a major boostTVS sold a total of 10,614 3W vehicles. Out of which, 2,066 units were sold in the domestic market and 8,548 units were shipped abroad with 19.46% and 80.54% shares respectively. There was a positive 16.33% YoY growth and a 10.84% MoM growth in 3W segment.The company’s total domestic sales (2W+3W) was 2,69,568 units which witnessed a healthy 21.02% YoY growth, but a negligible 0.22% MoM decline. Total exports stood at 98,856 units, which is 85.11% YoY growth and 42.56% MoM growth. In total, TVS pushed out 3,68,424 vehicles out of the manufacturing facilities and witnessed 33.41% YoY growth and 8.52% MoM growth. Total volume gain was 92,274 units YoY and 28,911 units MoM. More

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      Hero MotoCorp Sales February 2024 – Exports Almost Doubled

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      Hero Super Splendor XTECThe company is poised to launch more scooters to solidify its presence in this genre to better rival Honda, TVS and SuzukiWorld’s largest 2W manufacturer, Hero MotoCorp, ended February 2024 month with a positive note on the backdrop of growing sales. The company registered positive growth in both YoY and MoM scenarios along with positive growth in YTD sales. The company’s biggest strength is its budget commuter motorcycle lineup.Hero MotoCorp Sales February 2024The company has posted sales metrics segregated between motorcycles and scooters along with domestic sales and exports in international business. Motorcycles are Hero MotoCorp’s forte and it shows in sales charts. Hero sold 4,36,929 motorcycles in February 2024. Motorcycles accounted for 93.28% of Hero’s total sales.When compared to the 3,71,854 units sold in February 2023 Hero registered 17.50% YoY growth accounting for a volume gain of 65,075 units. As opposed to the 4,36,929 units sold in January 2024, Hero motorcycles saw an 8.67% MoM growth with 34,873 units gained in volume MoM.YTD, Hero’s motorcycles saw 47,33,948 units in FY24, while it was 44,73,260 units in FY23. This is a 5.83% YoY growth with a volume gain of 2,60,688 units. In YTD sales, Hero’s motorcycles accounted for 92.26% of total sales. Hero sold 31,481 scooters last month, which contributed to 6.72% of Hero’s total sales.Hero MotoCorp Sales February 2024 – YoYWhen compared to 22,606 scooters sold in February 2023 and 31,542 units in January 2024, Hero witnessed a 39.26% YoY growth and a 0.19% MoM decline. Volume gained YoY stood at 8,875 units and volume lost MoM stood at 61 units.Hero is expanding its scooter portfolio with additions of Xoom 125 and Xoom 160 in the coming future. YTD, Scooters sold 3.97,092 units with an impressive 18.20% YoY growth over 3,35,944 units sold in FY23.Exports almost doubledDomestic market is still Hero’s main strength with 4,45,257 units sold in India. Hero’s domestic sales accounted for 95.06% of company’s total sales. When compared to 3,82,317 units from domestic sales from last year, there was a 16.46% YoY growth. As opposed to 4,20,934 units sold a month before, domestic sales saw 5.78% MoM growth over January 2024.Hero MotoCorp Sales February 2024 – MoMVolume gained by domestic market stood at 62,940 units YoY and 24,323 units MoM. YTD, Hero’s domestic sales accounted for 96.69% share of total sales selling 49,61,275 units and registering 6.62% YoY growth. Company’s exports presented a wonderful 90.67% YoY growth and 82.83% MoM growth by shipping 23,153 units last month.Volume almost doubled with exports with the gain standing at 11,010 units YoY and 10,489 units MoM. There was an 8.73% YoY growth in YTD analysis with exports too, with 1,69,765 units shipped in FY24. In total, Hero MotoCorp pushed out 4,68,410 units last month and 51,31,040 units in FY24 YTD. Thus accounting for 18.75% YoY growth and 8.03% MoM growth. Volume gain was 73,950 units YoY and 34,812 units MoM.Hero MotoCorp Sales February 2024 – YTD More

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      Honda 2W Sales February 2024 Showed Massive Gain In Exports

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      Honda CB350When opposed to the numbers from February 2023 and January 2024, Honda 2W sales February 2024 charts showed healthy growth YoY and MoMIndia’s best-selling scooter manufacturer, HMSI (Honda Motorcycles and Scooters India), registered a commendable sales influx for the month of February 2024. The global 2W juggernaut showed massive gains last month, especially where the company’s exports are concerned.Honda 2W Sales February 2024In India, Honda is synonymous with scooters and enjoys a massive following. For many, Honda is the default 2W manufacturer to choose when embarking on their motorcycling journey. In the domestic market, Honda Motorcycles and Scooters India registered a strong 4,13,967 units.This is close to highest-seller Hero MotoCorp’s sales for the month of February 2024 at 4,45,257 units sold in domestic market. Sticking with Honda, the company registered a commendable 82.31% YoY growth over 2,27,064 units sold in February 2023. The YoY volume gain for Honda in domestic market market was 1,86,903 units.Where MoM analytics are concerned, Honda registered a strong 8.22% MoM growth over 3,82,512 units sold in January 2024 in domestic market with a volume growth of 31,455 units. Domestic sales accounted for 90.25% of Honda’s total sales, down from 91.21% in January 2024.Honda 2W Sales February 2024Honda witnessed a massive surge in exports as seen in the charts. The company shipped a total of 44,744 units last month. This surge in exports yielded a 122.49% YoY growth where Honda more than doubled its numbers in international business. Especially over 20,111 units shipped last year.Massive gain in exportsVolume growth in exports YoY stood at 24,633 units. In MoM analysis, Honda showed a strong 21.31% MoM growth over 36,883 units shipped in January 2024. MoM volume growth stood at 7,861 units. Exports accounted for 9.75% of Honda’s total sales, up from 8.79% seen in January 2024.In total (Domestic+Exports), Honda managed to push out 4,58,711 units from its manufacturing facility last month. When compared to the 2,47,175 units sold in February 2023 and 4,19,395 units sold in January 2024, Honda registered an 85.58% YoY growth and a 9.37% MoM growth. Volume growth stood at 2,11,536 units YoY and 39,316 units MoM.Honda’s new flex-fuel capable bikeLast month, Honda Motorcycles and Scooter India participated in first ever Bharat Mobility Expo 2024 and demonstrated its flex fuel powered vehicles tailored specifically for Indian market. Honda’s electric scooters capable of swapping batteries from Honda Power Pack Energy India were showcased too.The company intends to expand its portfolio in India and incorporate more vehicles with export potential. In that regard, we saw a Scrambler and ADV version based on the CB350 platform that could launch by the end of this year. More

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      2024 Yamaha TMAX560 Debuts – India Launch This Year?

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      2024 Yamaha TMAX560 LaunchedConsidering the test mule spied in India, there is a probability of 2024 Yamaha TMAX560 launching here via CBU routeYamaha, a global force in the 2-wheeler industry, has consistently been a leader in the scooter segment worldwide. Renowned for offering a diverse range of scooters across various categories and engine capacities, Yamaha’s flagship scooter, the TMAX560, recently underwent a refresh in several international markets.2024 Yamaha TMAX560 DebutsYamaha officially unveiled the refreshed TMAX560 in Japan on February 29th, offering two variants – TMAX560 and TMAX560 Tech Max. Both variants share the same hardware and powertrain, differing slightly in their features list. The pricing for the TMAX560 starts at RM 75K (Rs. 13 lakh, ex-showroom) in Malaysia and JPY 1,408,000 (Rs. 7.75 lakh) in Japan.2024 Yamaha TMAX560 LaunchedIn terms of features, the 2024 Yamaha TMAX560 introduces new exterior color schemes but retains its distinctive design. In Japan, the standard TMAX560 is available in Matte Black with Racing Blue wheels, while the TMAX560 Tech Max comes in Matte Dark Reddish Grey and Matte Dark Grey. In Malaysia, the TMAX560 is offered in Dark Magma and Tech Black shades.What does it pack?The TMAX is a formidable scooter with a commanding presence on the streets. Its features include a bold and aggressive front, comprehensive LED lighting, gold-finished USD telescopic front forks, mono-shock rear suspension, a tall transparent windscreen, comfortable ergonomics, plush seats for both rider and pillion, dual disc brakes at the front, a rear single disc braking setup, dual-channel ABS, and more.2024 Yamaha TMAX560 LaunchedTechnological enhancements come in the form of a 7-inch TFT instrument display, Garmin navigation, an electrically operated windscreen, heated seats, heated grips, cruise control, and various other amenities. The scooter boasts a spacious under-seat storage compartment, a 15L fuel tank, and a total weight of 220 kg. The heart of the TMAX560 is its 560cc DOHC 4V parallel-twin-cylinder engine, generating 47.6 bhp and 55.7 Nm, coupled with a CVT and belt-drive system.2024 Yamaha TMAX560 LaunchedIndia Launch PlansThe launch of the 2024 Yamaha TMAX560 holds particular significance for the Indian market. This assertion stems from the sighting of a Yamaha TMAX560 test mule in India, uncovered and adorned with temporary Karnataka state registration plates in red. This development raises speculation about Yamaha’s intentions to introduce the TMAX in the Indian market, as evidenced by recent sightings.This prospect gains significance when considering the landscape of premium, large-capacity scooters in India. On one end of the spectrum, we find the 278.2cc scooter twins from Keeway – the Sixties 300i and Vieste 300, priced around Rs. 3.3 lakh (ex-showroom). At the other extreme lies the BMW C400GT, boasting a single-cylinder 350cc engine and a hefty price tag of Rs. 11.25 lakh (ex-showroom).2024 Yamaha TMAX560 LaunchedA potential market entry by Yamaha with a high-capacity sporty scooter priced around the Rs. 8 lakh mark could present an appealing proposition. The recently spotted TMAX560, stands as a contender for such a position in the market. More

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      Royal Enfield Sales February 2024 – Triumphed With 76K Units

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      Royal Enfield New HimalayanWhen opposed to the numbers from January 2024, Royal Enfield sales February 2024 charts showed a negligible 0.33% MoM declineIconic motorcycle manufacturer and India’s leading classic bike manufacturer, Royal Enfield, has ended February 2024 month with style. The company has witnessed a very decent YoY growth over last year’s sales performance and a negligible MoM decline over sales commenced a month before.Royal Enfield Sales February 2024The company single-handedly dominates 300cc to 500cc motorcycle segment with an 85.3% market share. Within Royal Enfield’s sales charts, it is the 350cc portfolio, which brings the highest volume for the bike maker. This 350cc is powered by a 349cc J-series engine and J-platform.There are a total of 4 motorcycles spawned from this platform – Classic 350, Bullet 350, Hunter 350 and Meteor 350. If we take February 2024 as an example, 350cc bikes accounted for a staggering 87.12% of company’s total sales by accounting for 66,157 units. When compared to 64,810 units sold in February 2023, there was a 2.08% YoY growth.However, the 67,620 units sold in January 2024 ensured that Royal Enfield’s 350cc portfolio saw a 2.16% MoM decline. YoY volume growth stood at 1,347 units and MoM volume decline stood at 1,463 units. 350cc bikes sold 7,45,724 units YTD in FY24 which is a 10.71% YoY growth over 6,73,582 units from FY23.Royal Enfield Sales February 2024 – YoYRoyal Enfield’s greater than 350cc portfolio includes company’s older 411cc platform based Scram 411, Sherpa 450 based New Himalayan and 650cc based Interceptor 650, Continental GT 650, Super Meteor 650 and recently launched Shotgun 650.Company shipped 8,013 units to global marketsCombined, the >350cc portfolio accounted for 12.88% of RE’s total sales with 9,778 units sold. This segment registered a 45.2% YoY growth over 6,734 units from a year ago and a 14.14% MoM growth over 8,567 units from a month before. Volume growth stood at 3,044 units YoY and 1,211 units MoM.There was a 2.67% YoY growth in YTD analysis with this 350cc segment with 91,457 units sold over 89,078 units, scoring a volume growth of 2,379 units. Royal Enfield’s domestic sales stood at 67,922 units and accounted for 89.45% of company’s total sales. There was a 5.39% YoY growth as opposed to 64,446 units from February 2023.[caption id="attachment_489647" align="aligncenter" width="1280"] Royal Enfield Sales February 2024 – MoM[/caption]And a 3.73% MoM decline when compared to 70,556 units sold in January 2024, losing 2,634 units in volume. With 7,68,751 units sold, domestic sales saw a 13.90% YoY growth in YTD analysis as well. Launching newer and more compelling products has ensured an increased potential in exports.At 8,013 units, Royal Enfield exports have seen a commendable 12.73% YoY growth and a massive 42.30% MoM growth as opposed to 7,108 units shipped a year ago and 5,631 units shipped a month before. In YTD, exports saw a 21.98% YoY decline with 68,430 units shipped.Royal Enfield Sales February 2024 – YTDIn total, Royal Enfield sales February 2024 charts accounted for 75,935 units. The 71,554 units from February 2023 ensured a 6.12% YoY growth. However, the 76,187 units from January 2024 ensured a 0.33% MoM decline. Where YTD sales are concerned, Royal Enfield pushed a total of 8,37,181 units and saw 9.77% YoY growth over 7,62,660 units from FY23 with 74,521 units volume growth. More

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      Ford India Rumoured To Enter Into A JV With Tata Motors – New Hybrids, EVs Planned

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      Tata Nexon rolling out of new Sanand plant – Previously owned by Ford IndiaAfter exiting the Indian market, Ford is reportedly planning to re-enter – This time with EVs and HybridsGlobal automotive juggernaut, Ford, is contemplating its plans to position itself as a car manufacturer in India. In a rather long see-saw session, there have been multiple speculations around Ford’s upcoming strategy for the Indian market. Latest reports suggest Ford could stick to Hybrids and EVs along with a probable JV with Tata Motors.Ford India Strategy Could Revolve Around Hybrids, EVsAfter years of dwindling sales, Ford pulled the plug on its Indian operations, similar to what automotive juggernauts like Chevrolet from General Motors and Fiat from Stellantis (then Fiat Chrysler Association) did. Company held two manufacturing facilities in India – Sanand and Chennai.Next Gen Ford EcoSport patent leaksSanand plant was sold to Tata Motors and the transaction happened rather smoothly and ownership was handed over. However, same can’t be said about Ford’s Chennai plant. Ford was in the final round of talks with JSW Group for the sale of its Chennai plant and was called off in the final stages.The deal with JSW Group was said to be almost finalised and considered a closed chapter. However, this deal went south and Chennai facility is still under Ford’s ownership. The hesitation for Ford follows with the recent success of Indian automotive sector climbing the ranks to solidify third largest car market position, followed by China and USA.Tata Nexon rolls out of New Sanand PlantWhat may be Ford’s strategy?The Chennai plant may prove to be a strategic export hub for ASEAN nations with proximity to ports and sea routes. As per a recent report, people in the know-how have revealed that Ford might retain the manufacturing facility to sell hybrid and electric vehicles along with SUVs.New Gen Ford Endeavour design patent filedThese adhere to Ford’s global strategies and the brand has significant expertise and pioneering in said genres. Ford’s recent patent applications reveal a compact or sub-compact SUV that could take EcoSport name considering its legacy, loyalty and recall among enthusiasts. This might be Ford’s mass market offering while keeping halo products in the line.Speaking of, Ford Mustang EV name was trademarked in India earlier this year and new Ford Everest (sold as Endeavour in India) design patents have been filed too. These developments align with the recent report mentioning Ford may stick to SUVs and EVs, while the smaller SUV could be a hybrid vehicle.Ford Mustang EVFord JV with Tata Motors?The report also mentioned speculations about Ford getting into a JV with Tata Motors. Tata is currently India’s leading electric car maker on a scale larger than any other manufacturer. A JV with Tata may benefit both companies. For Ford it will help penetrate the Indian market while for Tata, they might get to launch cars in the US market.Source More