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Petrol, Diesel prices goes up

June 25th, 2010 | No Comments | Posted in Uncategorized

Government of India has announced a sharp increase in prices of petrol,diesel,lpg and kersone. No one is barred from common man to auto manufacturers are set to suffer. With the hike, price petrol is increased by Rs 3.73/litre, Diesel goes up by Rs 2, LPG by Rs 35 and kerosene by Rs 3/litre. The increase in price comes into effect immediately.

Also the government has decided to freed the prices of petrol and diesel from its control (which means it market driven from now onwards). This move is good for the Oil companies on the long run. At the same time as the inflation already hovering around 10%, it is surely a bad news for consumers. The demand for automobile may take a hit following the hike.

[Via: Vicky]

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Bajaj to Launch Discover 150 on 10th May

May 6th, 2010 | No Comments | Posted in Uncategorized

After the huge success of Discover 100, Pulsar 220 and recently launched Pulsar 135, Bajaj India is all set to launch another variant of Discover. This time it will be a 150cc variant which is expected to be launched on 10th May.

In terms of design and styling Discover 150 will carry all or some of the design cues we have seen in the Discover Sprint concept which was on display at the 2008 Auto Expo in New Delhi. Bajaj Discover 150 will be powered by a 150cc engine which is expected to generate maximum power of around 14 Bhp at 8500 rpm with maximum torque of around 12 Nm at 6500 rpm.Though there is no official confirmation about the launch and price of Discover 150. It is expected to be priced between 50,000 to 60,000 rupees.

[Via: Bikes India]

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Two Wheelers Witness Increase In Sales

May 5th, 2010 | No Comments | Posted in Uncategorized

India’s largest two wheeler manufacturer, Hero Honda has reported an increase in its sales for the month of April 2010 at 3,71,652 units as against 3,70,575 units during April 2009. This is the 16thtime in a row when the company has sold more than 3 lakh bikes in a month. The company achieved this feat despite an acute shortage of batteries for over 15 days which left around 50,000 fully built bikes stranded at the factory. It is known that earlier last month, there was an agitation at the Exide’s Bawal facility. However, according to the company officials, the issue has been resolved. On the similar lines, second largest two wheeler giant, Bajaj Auto registered an 84 percent growth during the month at 2,76,095 units as compared to corresponding month of the previous fiscal. The company sold 1,49,733 units during April 2009. Following the same trend, the third largest two wheeler manufacturer, TVS Motors’ sales for the month rose by 28 percent to 1,44,689 units as against 1,13,119 units from April 2009.

On the other hand, Yamaha Motors reported a growth of 42 percent in its monthly sales of 24,960 units against 17,576 units sold during April 2009. The newly launched entry level YBR 110 merged with the FZ series with refreshed shades are expected to boost the sales further for the company in the coming months. Yamaha targets attaining a share of 20 percent in the 150cc and above segment by the year end. Suzuki Motorcycle, too, reported a growth of 53.22 percent growth in the month’s sales. The company sold 20,771 units during April 2010 as compared to 13,556 units during April 2009. Officials from Suzuki credit their GS150R and Access 125 for the increased growth in sales.

Further, Mahindra two wheelers reported a whopping growth of 460 percent to 9009 units during the month as against 1609 units during the corresponding month from the previous fiscal. Rodeo, Duro and Flyte are believed to be doing wonders for the company. However, the vertical growth for the month is a result of a low base of 1609 units from April 2009.

[Via: BIKE INDIA]

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