Two Wheeler Maker News Today

Jaura had joined the two-wheeler maker in January 2022 and his last day will be April 30, 2024, the filing said

Hero Motocorp Ltd: Like many other industries, vehicle makers have also begun talking about sub-segmentation and premiumisation within rural markets now, after adopting this strategy for urban consumers.

Hero Motocorp Ltd: The double-digit growth in volumes is expected mainly due to a healthy recovery in the domestic market, while discounts during the festival season restricted realisations’ growth to 2% YoY, analysts said.

Bajaj Auto: The Chetak Premium 2024 comes with a cutting-edge design and advanced functionality. the scooter has unlocked new levels of providing ‘Meaningful Technology’ to electric two-wheeler customers, making it a leader in its class, the company said.

Hero MotoCorp: Hero shares crossed the INR 4,000 level on December 26 for the first time after September 2017 amid the run-up in recent weeks.

The price hike, owing to operational and other costs related to production, will be on select models, across all Ducati dealers in India, the company said.

Honda Motorcycle & Scooter India (HMSI) on Friday said it is recalling a certain number of Hness CB350 and CB350RS units to inspect and replace faulty parts. It has been identified that due to an improper process being followed to manufacture the rubber parts of rear stop light switch there are chances of crack development on the rubber, the two-wheeler maker said in a statement.

Hero MotoCorp, Indias largest two-wheeler maker, achieved its highest-ever festive season sales by selling over 14 lakh two-wheeler units in the 32-day period between the first day of Navratras and Bhai Dooj on November 15. The company recorded a 19% growth over the previous year, surpassing its previous highest retail of 12.7 lakh units in the festive period of 2019.

"As far as the economy is concerned, we know about the global geopolitical issues that are going on, however, the Indian economy continues to be resilient and is one of the fastest growing major economies in the world," Hero MotoCorp CEO Niranjan Gupta said in an analyst call.

Harley Davidson: Harley has maintained margin growth through its wealthier customer base, but hasnt been as successful in luring younger riders with the its fleet of lower-priced models and the revamping of its apparel business, featuring a series of new collections and collaborations with A-list celebrities.