Business & Industry News

Motorcycle NewsAs motorcycle and moped sales declined during the first eleven months of FY16, it dragged down the overall growth of the Indian two-wheeler industry, which grew a modest 2.2% year-on-year (yoy) for the 11-months FY16.

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Monday, 11 April 2016 13:24

BMW Motorrad Starts the Season off Right

Bmw MotorcycleBMW Motorrad has begun the riding season of 2016 with great success. The Bavarian motorcycle brand has achieved an increase in sales of 7.7% during the first three months of 2016, a 2,418 unit increase when compared with last year’s performance.

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Harley-DavidsonAs springtime brings finer weather, thoughts are turning to weekend breaks and vacation getaways. What better way to take in the season's scenery and blow off winter cobwebs than with a motorcycle trip. Here's a look at some of the hottest two-wheeled rides for hitting the road to adventure in 2016.

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KTM MOTORCYCLEMumbai: Bajaj Auto Ltd, India’s largest exporter of motorcycles, and the company’s Austrian partner KTM AG are extending their partnership to Indonesia, the biggest motorcycle market in South East Asia, the Pune-based firm said in a filing to the stock exchanges on Friday.

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Harley DavidsonShares of Harley-Davidson (NYSE:HOG) were slumping Wednesday after ITG Investment Research lowered its Q1 unit sales forecast citing evidence that sales trends deteriorated significantly in March, MarketWatch reported. The research firm lowered its U.S. retail unit sales forecast by three percentage points, as it now expects a year-over-year decline of 5% to 7% in Q1.

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news feeds icon 150Bajaj Auto Limited posted a growth of 26 per cent in overall motorcycle sales in March 2016, as compared to the same period a year ago. Overall Bajaj sold 2,64,249 motorcycles in March '16 as compared to 2,09,937 in March '15.

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BMW MotorcyckesSales of BMW brand vehicles decreased 12.5 percent in March for a total of 30,033 compared to 34,310 vehicles sold in March, 2015. Year-to-date, BMW brand is down 10.0 percent on sales of 70,613 compared to 78,492 sold in the first three months of 2015.

 

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Royal Enfield motorsRoyal Enfield, a unit of Eicher Motors, has just announced its monthly sales for March 2016. Recording a milestone in its history, the company has now crossed the monthly sales of 50,000 unit mark last month.

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Royal Enfi eldTwo-wheeler manufacturer Honda Motorcycle & Scooter India (HMSI) on Friday reported a 4.4% decline in total sales at 381,521 units in March. The company had sold 3,99,173 units in the corresponding month last year.

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Suzuki motorcycleSuzuki Motor of America Inc., (SMAI) announced today the appointment of Kerry Graeber as the company’s new Vice President, Sales and Marketing. A former executive with the company, Graeber rejoins Suzuki to focus on strengthening the Suzuki brand in the American powersports market and expand the company’s recent sales success.

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