Hero MotoCorp pitches for 18% GST on two-wheelers from current rate of 28%
• 6 years ago"Given that two-wheelers provide basic mobility to the masses, there is an urgent need to reduce the GST rate on two-wheelers from the 28 percent bracket of ‘luxury goods' to that of 18 percent for mass usage items," Hero MotoCorp Chairman Pawan Munjal said
Ola to invest $100 mn in Indian scooter sharing startup Vogo; fund to be used for fleet expansion
Fp Staff • 6 years agoVogo, which provides services in the southern Indian cities of Bengaluru and Hyderabad, will use the money to expand its fleet by 100,000 scooters.
Honda becomes the first manufacturer to sell over 25 million scooters in India
Overdrive • 6 years agoHonda's range of scooters includes the Honda Cliq, the Activa 125, Grazia, and of course the Activa 5G.
Hero MotoCorp plans new launches in September-October; eyes double-digit growth
• 7 years agoHero MotoCorp is also betting on good agricultural harvest on account of the normal monsoon across the country to drive market demand
Number of registered vehicles in Delhi hits one crore mark; two-thirds are two-wheelers
• 8 years agoThe number of registered vehicles in the national capital has crossed the one crore mark, out of which 31,72,842 are cars.
TVS becomes second-largest scooter maker since overtaking Hero during April-February fiscal period
Tech2 News Staff • 8 years agoTVS sold 7,43,838 units during the April-February fiscal period according to SIAM (Society of Indian Automobile Manufactures) data, which is a growth of 5.07 percent.
Honda employee unrest; India plants running above capacity, says company
• 8 years agoHMSI, which has an annual capacity of 5.8 million scooters and bikes, has had brush with labour unrest in the past too.
Women power pushes scooters ahead of motorbikes, Activa leads
Fp Staff • 11 years agoHonda Activa displaced the two-decade-old market leader Hero's Splendor motorcycle from the top slot in September.
Scooters: How 'Hamara Bajaj' lost the plot to Honda
Sindhub • 12 years agoGiven the muscle and aggression of Honda, perhaps Bajaj should not think of launching scooters again. Instead, it should wage a quiet war against Honda in the larger scheme of things.
Only excise cut, removal of fuel price anomaly can boost car sales
Sindhub • 12 years agoThis year Indians who wanted to buy a car or a motorcycle dithered for multiple reasons. Inability to afford the vehicle of their choice, increasing cost of ownership and indecision over whether to buy a petrol or a diesel car.