Two wheelers & three wheelers
TVS launches 2025 Apache RTR 200 4V with OBD2B upgrade, refreshed design; check price details, key features
2025 Apache RTR 200 Price and Specifications: TVS Motor Company has launched the 2025 TVS Apache RTR 200 4V motorcycle range, compliant with OBD2B emission standards. Celebrating 20 years of the Apache series and six million riders globally, the updated model features advanced technology, enhanced performance, and improved safety. It includes upside-down front suspension, a hydro-formed handlebar, and refreshed aesthetics, with prices starting at Rs 1,53,990.
Two-wheeler volumes likely to grow by 8-9% in FY26: Report
Driven by easing inflation, a favorable monsoon forecast, and rising EV adoption, domestic two-wheeler volumes are projected to grow 8-9% this fiscal year, surpassing pre-COVID levels. Export recovery and sustained urban demand supported FY25 growth, with expectations for continued momentum in FY26. Rate cuts by the RBI are expected to further enhance affordability and boost demand.
Popular urban bikes lose traction on slowdown hit
Sales of 150-200 cc motorcycles in India's metros experienced a 9% decline in FY25, mirroring the slowdown in urban consumption seen in FMCG sales. Factors such as macro uncertainties, inflationary pressures, and a lack of new model launches have contributed to this downturn.
TVS Motor promotes MD Sudarshan Venu as Chairman effective August 25
TVS Motor Company has appointed Sudarshan Venu as the new Chairman and Managing Director. He will assume the role on August 25. Sir Ralf Speth will step down as Chairman after the AGM in 2025. Speth will then become Chief Mentor for three years. Venu Srinivasan thanked Speth for his leadership.
Classic Legends aims to go full throttle, double sales in FY26
Mahindra-backed Classic Legends aims to double sales this fiscal year through new motorcycle launches, global expansion into markets like the US and Europe, and an expanded dealer network. Despite discretionary spending pressures, the company remains bullish, targeting 80,000 units, with a significant portion earmarked for exports.
Classic Legends aims to expand distribution to 500 dealers; sell internationally in FY26
Classic Legends, the company behind Jawa and Yezdi, aims to expand its presence by increasing its domestic dealer network to 500 touchpoints by the festive season. While annual sales have been declining, the company is also gearing up to enter seven international markets and is ready with e-bikes, likely for global sales initially.
TVS Motor is official provider of race tuned motorcycles to independent teams at 2025 INMRC
TVS Motor Company will be the official race motorcycle provider for the 2025 National Championship Pro Stock 200 class at the Indian National Motorcycle Racing Championship. This marks the first time an Indian brand will design, develop, and supply race-tuned motorcycles for the national championship.
Suzuki Motorcycle sales up 16% in May
Suzuki Motorcycle India reported a 16% increase in total sales in May, reaching 1,28,896 units compared to the previous year. Domestic dispatches to dealers rose by 17% to 1,07,780 units, while exports saw an 8% increase with 21,116 units shipped. The company has also commenced production of its first electric scooter, the Suzuki e-ACCESS, at its Gurgaon plant.
Hero MotoCorp sales rise 2% in May
Hero MotoCorp reported a 2% year-on-year increase in total sales for May, reaching 5,07,701 units. Domestic dispatches saw a rise to 4,88,997 units, while exports slightly increased to 18,704 units. The company also highlighted its continued gains in retail market share, driven by positive consumer response to its new motorcycle and scooter offerings.
Hamara KTM: Bajaj Auto to take control of Austrian company
Rajiv Bajaj-led Bajaj Auto will control Austrian motorcycle maker KTM. The deal is valued at ₹7,800 crore. Bajaj Auto will transition from minority investor to majority stakeholder. The company will execute the acquisition through its Netherlands-based subsidiary. The move aims to revive KTM's operations and reposition the brand for global growth.
Honda Motorcycle and Scooter India to set up 4th production line at Gujarat plant for Rs 920 cr
Honda Motorcycle and Scooter India is expanding its Gujarat plant. A new production line will be added by 2027 with ₹920 crore investment. This will boost the plant's output to 2.61 million units annually. It will become Honda's largest motorcycle assembly plant globally. The expansion aims to meet rising customer expectations.
Bajaj Auto to acquire controlling stake in KTM in €800 million deal
Bajaj Auto is set to acquire a controlling stake in KTM for €800 million, transitioning from a minority investor to the majority stakeholder. This move aims to revive KTM's operations, which entered court-supervised restructuring in November 2024 due to liquidity issues.
Honda to invest Rs 920 crore to build new production line at Gujarat plant; to begin ops by 2027
Honda Motorcycle & Scooter India will expand its Vithalapur plant. A new production line will be added by 2027. This expansion will increase the plant's capacity to 2.61 million units. The investment is around 9.2 billion rupees. The new line will produce 125cc motorcycles. This project will create 1800 new jobs.
Bajaj Auto gears up for the fast lane with KTM takeover
Bajaj Auto, via BAIHBV, will increase its stake in KTM. It will transition from minority to majority owner. This move strengthens Bajaj's position in the motorcycle market. It also supports KTM's growth. BAIHBV secured €800 million in debt funding. This will address KTM's debt and boost operations. Bajaj aims to drive KTM's innovation and global expansion.
Suzuki Motorcycle India to set up a new plant in Haryana, invests Rs 1,200 crore initially
Suzuki Motorcycle India is investing ₹1,200 crore to build a new manufacturing plant in Kharkhoda, Haryana. Scheduled to begin operations in 2027, the plant will have an initial capacity of 7.5 lakh two-wheelers annually and create around 2,000 jobs. This facility aligns with the government's industrial and employment goals, incorporating lean manufacturing and energy-efficient systems for sustainability.
Bajaj Auto says Netherlands-based arm in talks to participate in KTM AG restructuring
Bajaj Auto is considering involvement in the restructuring of KTM AG. Bajaj Auto International Holdings BV is in negotiations. This follows a creditor-approved plan for the Austrian bikemaker. Bajaj Auto's board had already approved a significant investment in Bajaj Auto BV. This investment could potentially fund the KTM AG restructuring.
