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    Hero MotoCorp Sales Feb 2022 – Splendor, Glamour, HF Deluxe, Destini

    Image – Unseen AutoWith easing of Covid restrictions and favourable announcements made in FY23 Union Budget, Hero MotoCorp expects sales to improve in coming monthsWorld’s largest two-wheeler manufacturer, Hero MotoCorp has reported sales of 3,58,254 units in February 2022. This is negative YoY growth, as compared to 5,05,467 units in the corresponding period last year. YTD FY22 numbers are at 44,93,996 units. It is negative growth, as compared to 52,14,581 units in YTD FY21.Hero MotoCorp Sales Feb 2022In February 2022, Hero MotoCorp sold a total of 3,38,454 motorcycles. YoY growth is negative, as compared to 4,63,723 motorcycles sold in February last year. YTD numbers are 42,02,044 units for FY22 and 48,08,849 units for FY21. Motorcycles on sale from Hero include the likes of Glamour, Splendor, Passion, HF Deluxe, Xpulse, Xtreme, etcScooter sales are also negative in February 2022. As compared to 41,744 scooters in February last year, sales were at 19,800 units in February 2022. YTD numbers are 2,91,952 units for FY22 and 4,05,732 units for FY21. Scooters on offer from Hero are Pleasure, Maestro, Destini, etc.In overall volumes, share of domestic sales was 3,31,462 units in February 2022. YoY growth is negative, as compared to 4,84,433 units sold in the corresponding period last year. YTD numbers are 42,27,762 units in February 2022, as compared to 50,55,590 units in FY21.Hero MotoCorp Sales Feb 2022Hero MotoCorp exports in February have registered positive YoY growth. A total of 26,792 units were exported in February 2022, as compared to 21,034 units in February last year. YTD numbers are 2,66,234 units in FY22, as compared to 1,58,991 units in FY21.Hero MotoCorp ongoing initiativesWhile it continues to dominate petrol-powered two-wheeler segment, Hero MotoCorp has started working proactively in EV space as well. It is apparent that the company wants to achieve a leading position in EV space as well. Hero MotoCorp has yet to launch its first EV, but that could change soon.The company is currently focusing on developing two-wheeler charging infrastructure across the country. It has tied up with Bharat Petroleum Corporation Limited (BPCL) to set up charging stations for two-wheelers. These will cater to all EV brands and will not be limited to upcoming Hero MotoCorp EVs. The company believes that such infrastructure is urgently needed to achieve the shift to an all-electric ecosystem.Plan is to setup an extensive network of charging stations totalling around 7,000. BPCL is in the process of upgrading its existing retail outlets to support both EV charging as well as petrol/diesel refuelling. Such a vast network will be crucial, considering that the majority of the population relies on two-wheelers.With an eye on emerging opportunities, Hero MotoCorp has introduced changes to its organizational structure. Functions like marketing, sales, after-sales and parts business have been integrated into a single unit. Ranjivjit Singh will be heading this new unit in the position of Chief Growth Officer. He was earlier in charge of marketing at Hero MotoCorp.In other updates, Hero MotoCorp has been lending a helping hand to those impacted by Covid-19. The company has come out in support of orphaned children and women who have lost their spouses to Covid-19. Hero MotoCorp is currently supporting around 500 families that have been impacted by Covid. More

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    Royal Enfield Sales Feb 2022 – Classic, Meteor, Himalayan, 650 Twins

    Image – Auto Moto ShowRoyal Enfield’s 350cc motorcycles continue to be primary volume generators in domestic marketA total of 52,135 units were sold in domestic market in February 2022. YoY growth is down by -19.93%, as compared to 65,114 units sold in the corresponding period last year. In exports, a total of 7,025 units were sent overseas. This is more than fifty percent growth in YoY terms. Ratio of domestic sales to exports in February was close to 88% – 12%. Taken together (domestic + exports), overall growth is negative at -15.07%.Royal Enfield Sales Feb 2022 – 350cc MotorcyclesRoyal Enfield 350cc portfolio currently has popular bikes like Classic, Meteor, Electra and Bullet. Total sales + exports were at 49,484 units in February. This is a decline of -23.12% YoY, as compared to 64,362 units in February last year.Above 350cc bikes that include Himalayan and 650 Twins contributed 9,676 units in February. This is impressive YoY growth of 82.67%, as compared to 5,297 units in February last year. Percentage contribution is 83.64% for 350cc motorcycles and 16.36% for above 350cc bikes in February.In terms of MoM growth, domestic sales have improved by 4.84%. A total of 49,726 units were sold in January this year. MoM exports are down by -22.90%, as compared to 9,112 units exported in January. Overall MoM growth (domestic + exports) is largely flat at 0.55%.Royal Enfield Sales Feb 2022Share of Royal Enfield 350cc bikes declined -0.21% MoM, as compared to 49,586 units in January 2022. 350cc+ bikes registered MoM growth of 4.58%, as compared to 9,252 units in January 2022.Year to Date (YTD) sales FY22During the period from April-2021 to February-2022, Royal Enfield 350cc motorcycles total volumes (sales + exports) were at 4,50,569 units. This is de-growth of -10%, as compared to 4,99,683 units in the corresponding period in FY21. Average monthly sales work out at approximately 40,960 units per month.In above 350cc category, YTD numbers are at 84,022 units. This is significant growth of 80%, as compared to 46,609 units in the corresponding period in FY21. Average works out at around 7,638 units per month.Royal Enfield Sales Feb 2022Upcoming Royal Enfield bikesRoyal Enfield currently dominates the middleweight segment with market share of more than 75%. To ensure it remains that way, the company has planned several new products this year and beyond. These new bikes will also help tackle competition from the likes of Jawa, Yezdi and Honda. Royal Enfield may also have to face competition from new bikes spawning from the partnership between Bajaj and Triumph.Royal Enfield’s next launch is new Scram 411 motorcycle that is scheduled to debut next week. It is primarily a road-biased derivative of Royal Enfield Himalayan ADV. The bike has been designed for highway cruising and can also take on some mild off-roading. It gets a smaller 19-inch front wheel, as compared to 21-inch unit used with Himalayan. Most of the key hardware including engine will be same as Himalayan.In 350cc segment, Royal Enfield is working on a scrambler bike, likely to be called Hunter 350. In 650cc segment, upcoming Royal Enfield bikes include Classic 650, a cruiser and a 650cc bobber. More

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    Ford Mustang Shelby GT500's $10,000 Stripes Are Surprisingly Popular

    About one in six Ford Mustang Shelby GT500 orders each year choose to pay an extra $10,000 for optional stripes, Ford tells Car and Driver.There are $1000 vinyl stripes on the options list, but the more expensive choice is a hand-painted application.The Shelby GT500’s $10K stripes are available in Absolute Black, Kona Blue, and Oxford White.In 2020, when Ford announced that the new Mustang Shelby GT500 would be offered with hand-painted racing stripes that cost an extra $10,000, we questioned how many people would actually buy the pricey option. However, it sounds like the hand-painted stripes are more popular than we imagined. We checked in with a Ford spokesperson, who told us that every year since the start of production, about one in six Shelby GT500s is ordered with the hand-painted stripes.

    The 2022 Shelby GT500 carries an MSRP of $78,350, so checking the box for the expensive stripes adds nearly 13 percent to the car’s starting price. They come in three paint colors: Absolute Black, Kona Blue, and Oxford White. For shoppers who crave the striped look but want to save $9000, a set of $1000 vinyl stripes in similar shades is also available.

    Ford

    We were surprised to learn that approximately 17 percent of people who purchase a GT500 pay for the painted-on stripes. We were also surprised when Ford told us that overall sales of the stripes exceed those of the $10,000 Carbon Fiber Handling package, which included upgrades such as aerodynamic add-ons, adjustable strut top mounts, and 20-inch carbon-fiber wheels. It’s not an apples-to-apples comparison, though, since the $10K carbon-fiber kit was only offered for one year. Ford says it doesn’t track specific production numbers by packages or models, so we obviously can’t say for sure whether the stripes or the handling package was more popular for the 2021 model year, but it sounds like sales were closer than we’d have expected.

    Ford

    Every new Ford Mustang–including the GT500–is built at the company’s assembly plant in Flat Rock, Michigan. However, Shelby models optioned with the painted stripes have them applied after the cars leave the assembly line; it’s part of a partnership with Penske. We’ve been told the process involves hand-prepping, painting, and then clear-coating. Initially, that detailed process meant limited availability, but Ford says it has since improved production and has been able to meet customer demand.Considering the $10,000 stripes are surprisingly popular on the GT500, we asked the folks on Ford’s PR team if there are any plans to offer them on more mainstream Mustang models. They declined to comment on future products. After all, it’s hard to imagine a future when someone would pay $10K to paint stripes on a $30,000 to $40,000 pony car. Then again, we’ve clearly been surprised by Mustang shoppers’ appetite for pricey stripes before.
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    Ford Everest, SUV Based on Ranger, Debuts Everywhere but the U.S.

    Ford has debuted a new generation of the Everest, a body-on-frame SUV based on the Ranger pickup.The Everest uses the same series of turbo-diesel engines as the global Ranger, as well as the gas-powered 2.3-liter EcoBoost expected to motivate the U.S.-market Ranger.The interior is very similar to that of its truck sibling, with a massive vertical touchscreen in the center console and a new digital gauge cluster behind the steering wheel.The next-generation Ford Ranger, already revealed for global markets, will hit our shores by 2023 and will bring with it a hard-core Raptor variant sporting nearly 400 horsepower, 33-inch all-terrain tires, and Fox shocks. But the U.S. will miss out on the Ranger’s SUV sibling, the Everest, with Ford revealing the next-generation body-on-frame SUV today for the rest of the world.

    Ford

    Ford

    The Everest shares its C-shaped LED headlights and grille with the Ranger but trades the truck’s chunky front bumper for a more refined look. There is, of course, a cabin instead of a bed, as well as longer rear doors for easier access to the backseat. Horizontal taillights are connected by an Everest-branded trim piece. The interior also closely mirrors that of the Ranger, with a vertical 10.1-or 12.0-inch touchscreen in the center console and an 8.0- or 12.4-inch digital instrument cluster behind the wheel. A 360-degree camera linked to the screen helps with parking and traversing rough terrain.

    Powering the Everest are a mix of turbo-diesel engines not likely to be offered on the Ranger we will receive in the United States, with a 3.0-liter V-6 positioned above single- and twin-turbocharged versions of a 2.0-liter inline-four. The gas-powered 2.3-liter EcoBoost four-cylinder expected to power the U.S.-market Ranger will become available in 2023. A six-speed automatic and 10-speed automatic transmission are available depending on trim and engine. Two four-wheel-drive systems will be offered, and certain markets will also get a rear-wheel-drive Everest. While the United States does already get a Ranger-related off-road SUV in the form of the Bronco, that won’t stop us from daydreaming about tackling dirt roads in the more subtle-looking Everest.
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    1975 Chevrolet K5 Blazer Is Our Bring a Trailer Auction Pick of the Day

    • Our Bring a Trailer pick of the day is this refurbished and upgraded 1975 Chevrolet K5 Blazer four-speed 4×4. • This model year was the last for the Blazer’s iconic removable roof.• Bidding is open on this 1975 model until Monday, March 7, with current bidding at $20,000. The 2023 Chevrolet Blazer may be a stylish crossover with pleasing road manners for the daily commute, but there’s little of it that resembles its more rugged ancestry. Fortunately, examples of that history remain available. Take for example this 1975 Chevrolet K5 Blazer 4×4, which is open for bidding until March 7 on the Bring a Trailer auction site—which, like Car and Driver, is part of Hearst Autos. Originally developed as an answer to the Ford Bronco and the International Harvester Scout, the original 1969 Blazer was essentially an SUV version of Chevy’s C- and K-series pickup trucks. The Blazer featured in this listing is from the second generation, which started in 1973 and lasted for nearly two decades. Pre-1976 models, like the one from today’s listing, featured completely removable roofs, giving them an unmistakable look on the road.

    Bring a Trailer

    According to the listing, this Blazer was a former forestry service truck that has since been repainted in an appropriately ’70s black-and-red motif. The 350-cubic-inch V-8 has the requisite upgrades: new cam, intake manifold, carburetor, and so on. The engine is connected to a four-speed manual transmission and a two-speed transfer case. Additional off-road improvements include a 4.0-inch lift, locking front hubs, and 33-inch tires. While a five-digit odometer means the true mileage is unknown, the listing says rust repairs were made to the floor and that the frame was sandblasted and repainted. It’s easy to appreciate the attention to detail evident in the badging and painted bowties on the quarter-panels.

    Bring a Trailer

    One hopes that the success of the new Ford Bronco and Bronco Sport might inspire Chevy to make a spiritual successor to the early Blazer (don’t hold your breath for a new International Scout). If not, there will surely be more examples like this one, which currently has a high bid of $20,000 in an auction set to end on Monday, March 7. If I didn’t already own a 1972 Chevy C10, I’d be tempted to place a bid.

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    Jeep’s First EV Coming in 2023; Ram Says Its EV Pickup Will Beat All Competitors

    Stellantis said today that it will bring out the first fully electric Jeep in early 2023.The image shown with the announcement appears to show a vehicle about the size of the Compass, but no name or details were provided. The Jeep EV is only one of 100 planned EV launches from the multi-brand automaker by 2030, including electric muscle cars and family vehicles.At a global press event in Amsterdam, Netherlands, today Stellantis laid out its future business plan, called Dare Forward 2030. Unsurprisingly, it focuses on electrification, mobility, data as a service, reduced carbon footprint, increased customer care, and so on. With regard to new product, Stellantis promises more than 100 launches between now and 2030.

    Stellantis

    The highlights include Jeep’s first EV, coming in “early 2023.” No word yet on whether that’s a new model or an EV version of an existing Jeep, although the timeline certainly suggests the latter, and based on the image, we’d speculate that vehicle will be the size of the Compass. That new Jeep EV will beat the previously announced Wrangler EV, which is set to arrive in 2024.

    Stellantis

    The next battery-electric offering will be a Ram ProMaster van in late 2023, followed by a Ram 1500 electric pickup in 2024 (teaser image above). Although the company acknowledges that they are late to the blossoming EV pickup market, CEO Carlos Tavares boasts that the Ram will beat all others—including the Rivian R1T, Ford F-150 Lightning, Chevrolet Silverado EV, and even the Tesla Cybertruck—in range, towing, payload, and charging time. That’s quite a claim, and we’ll be watching closely to see if it delivers.

    Stellantis

    The Wrangler EV also launches in 2024, in addition to “Lifestyle Family SUVs” from Jeep as well as Dodge’s first electric, described as a “Performance Muscle Car.” Chrysler finally joins the party in 2025 with a “Lifestyle Family Car,” which should be based on the Airflow concept unveiled at CES.The goal is to have 50 percent of U.S. sales being EVs by 2030, with that figure being 100 percent in Europe.

    Stellantis

    In addition to battery-electrics, Stellantis is also planning to delve further into hydrogen-powered vehicles. Last year, the company introduced a hydrogen-powered version of the Peugeot e-Expert and Opel Vivaro-e mid-size vans, and it will expand those offerings to larger models in 2024, with the U.S. getting a hydrogen-powered full-size Ram ProMaster van in 2025. Tier 1 supplier Faurecia is a technology partner on the hydrogen effort, which is likely to be exclusively a fleet offering. The company plans to further expand hydrogen powertrains into heavy-duty trucks.

    Stellantis

    Interestingly, it appears—from the above slide at least—that Stellantis is operating under a No Brand Left Behind policy. Even Vauxhall and Lancia are included! CEO Carlos Tavares said, however, that no additional Stellantis brands will be coming to the United States, so apparently, Francophiles can forget about seeing DS or Peugeot automobiles here.
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    TVS Sales Feb 2022 Decline – Apache, Jupiter, Raider, Ntorq, XL100

    Image – Auto EraTVS reports decline in domestic 2W sales and growth in 2W exports for February 2022TVS Motor total two-wheeler sales is reported at 2,67,625 units in February 2022, down from 2,84,581 units in February 2021. Volume loss stood at 17k units at about 6 percent decline. Mom sales growth is reported at 5.31 percent, up from 2,54,139 units at volume gain of 13,486 units.Of this, domestic two-wheeler sales is down at 1,73,198 units, down from 1,95,145 units in February 2021. Volume loss is pegged at just below 22k units at 11.25 percent decline. MoM growth stands at 3.22 percent, up from 1,67,795 units.TVS Sales Feb 2022 DeclineMotorcycle sales growth is reported at 4.56 percent, up at 1,43,523 units from 1,37,259 units a year earlier. Volume gain stood at 6,264 units. While motorcycle sales improved, it wasn’t enough to negate total 2W sales decline on account of a sharp fall in moped sales, and moderate decline in scooter sales. MoM growth is pegged at 4.49 percent, up from 1,37,360 units. Motorcycles on offer from TVS include the Apache range, Raider 125cc, Sport, Radeon, Star City.Semiconductors supply shortage has had an impact on production, and thereby sales. TVS is cautiously optimistic that semiconductors supply will improve in the coming months. The situation is one that manufacturers are navigating continually in order to keep delivery times in check.TVS Motor Sales Feb 2022 vs Feb 2021 (YoY)While motorcycle sales continue to lead the sales chart for TVS, moped sales have taken a beating in recent times. TVS XL100 Moped sales fell to 37,486 units, down from 51,797 units. Volume loss surpassed the 14k units mark at decline of over a quarter. MoM moped sales growth is reported at 3.56 percent, up from 36,199 units.TVS scooter sales fell to 86,616 units, down from 95,525 units in February 2021. Volume loss stood at 8,909 units at a 9.33 percent decline. MoM scooter sales growth stood at 7.49 percent, up from 80,580 units. Scooters on offer from TVS include Jupiter, Ntorq, Pep+, Zest and iQube electric. Total 2W domestic sales is reported at 1,73,198 units, down from 1,95,145 units. Volume loss stood at 21,947 units at 11.25 percent decline.TVS Exports, 3 Wheelers Feb 2022Total exports are up at 1,07,574 units from 1,01,789 units at 6 percent growth. Two-wheeler exports are up at 94,427 units, up from 89,436 units at 5.58 percent growth. Three-Wheeler sales were up at 14,089 units, up from 13,166 units at 7 percent growth. 3W domestic sales are reported at 942 units, up from 813 units at 15.87 percent growth. 3W exports are up at 13,147 units, up from 12,353 units at volume gain of 794 units. Growth is reported at 6.43 percent.TVS Motor Sales Feb 2022 vs Jan 2022 (MoM)TVS Motor Company reports total sales of 2,81,714 units in February 2022. YoY sales fell from 2,97,747 units. Volume loss stood at 16k units at 5.38 percent decline. MoM total growth stood at 5.59 percent, up from 2,66,788 units. Total domestic sales decline is reported at 11.13 percent, down from 1,95,858 units at 1,74,140 units. Volume loss stood at 21,818 units. More

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    Chrysler Brand Has a Future, Will Be Revitalized with Several New Models

    Good news for Chrysler: Stellantis CEO Carlos Tavares today said the brand will be “relaunched” with “gorgeous” new models.Tavares was speaking at an event in Amsterdam on Tuesday morning.He also said no additional Stellantis brands are coming to the U.S. market. On that list are Peugeot, Citroën, Opel, and other marques not currently sold here. With just two models in its lineup, one of which is the ancient 300 sedan, the Chrysler brand has been teetering on the brink of extinction for some time. But no longer. At an event outside of Amsterdam today to discuss the future product strategy for the 15-brand Stellantis empire, CEO Carlos Tavares said that “Chrysler is one of the emotional pillars of the former FCA. It’s important for us to give this brand a future and opportunity to rebound,” and that “Chrysler will be relaunched.” He added that the coming Chrysler models “look really gorgeous,” which is something that CEOs always say about future products.We expect one of the first new models to be an electric compact crossover called the Airflow (pictured above) that will compete with the Tesla Model Y, Ford Mustang Mach-E, and Volvo XC40 Recharge. More specifics on future entries may be part of the presentation happening later today.The plans for the other faltering U.S. brand, Fiat, which sells only the 500X crossover at the moment, don’t sound as concrete. “We still have to think about how we make the Fiat brand rebound in the U.S.,” Tavares said. “We have a couple of ideas, and we didn’t yet make all of the decisions.”In speaking more broadly about the U.S. brand strategy, Tavares said, “We have the strategic vision to invest in all the American brands,” but added that “I have no intention to bring more brands to the U.S. right now. I think we have enough.” This is a developing story. We will update as more information is available.

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