Honda’s Strike Is Rival’s Gain
Honda Motorcycle & Scooter India is the market leader in the gearless scooter segment of India but it's close to two months now that the Auto major is facing severe labour problems at its factory located at Manesar in Haryana. And due to which Honda predicted a 50% fall in its sales like we had reported earlier. But this is a blessing for competition as consumers want to ride back home in a brand new two-wheel this festive season. Now that they can't get a Honda soon some of them are opting for the second best option.
Sources close to Honda disclosed that because of the 50% drop in daily production at HMSI factory, the waiting period for Honda scooters now stands at around two months. But he feels that the customers who want to buy a Honda are willing to wait to get delivery of their two wheelers.
Other manufacturers like Bajaj say that there are people who must have a new vehicle for the Diwali season. So there's a palpable spillover in the increased demand for Bajaj models. The other Japanese two-wheeler maker Suzuki added that they were confident of touching 31,000 units both for September and October, which represents a 40% growth against similar period last year. Most two-wheeler manufacturers, including Honda achieve around 10% of their yearly sales during the festive months between September and October.
[Via: BIKE-India]
Yamaha India registers 192% sales hike
On the back of its two new bikes - the FZ16 and YZF R15 - India Yamaha Motor Ltd. registered sales growth of 192% during January 2009, at 18,320 units, as compared to 6,284 units in January 2008. After years of producing dull, lacklustre products in India, Yamaha finally seems to be back on track in the country, and is committed to launching more new bikes that have been engineered specifically for the Indian market.
[Via: indiaautomotive]
Yamaha to recall over 50,000 bikes
Two-wheeler giant, Yamaha Motor Co. will recall a staggering 53,814 motorcycles due to one minor accident. The Japanese firm will rectify the defect in rear-wheel shock absorbers of all the recalled motorcycles. The motorcycle firm revealed in a statement that the affected model is Yamaha TW200 built between 1987 and 2001. This model was not officially launched in India.
Six reports were registered with Yamaha complaining about the joint part's lack of tenacity. The problem could result in a breakdown of the part and a loss of stability. As mentioned above one rider in the accident was slightly injured when a TW200E motorcycle with the defect scraped a guardrail.
[Via: Bikeindia]
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