The local assembly unit in Argentina will be based at Grupo Simpa’s facility located in Campana, Buenos Aires. To begin with, the plant will locally assemble three motorcycle models - the Royal Enfield Himalayan, the Interceptor 650 and the Continental GT 650 - starting this month. … [Read more...] about Royal Enfield to set up an assembly unit in Argentina, its first outside of India
Triumph launches Rocket 3 GT at Rs 18.4 lakhBritish motorcycle manufacturer Triumph Motorcycles has launched the Rocket 3 GT in India. The GT motorcycle comes with a price tag of Rs 18.4 lakh (ex-showroom, Delhi), which is just over Rs 40,000 than its predecessor, the Rocket 3 R.GT gets heated grips, a flyscreen and an adjustable backrest for the pillion. Powering the Rocket 3 GT will be the same 2.5-litre, 3-cylinder engine that does duty on the R as well. This engine churns out 167 PS of power at 6,000 rpm and 221 Nm of torque at 4,000 rpm. … [Read more...] about This week in auto: Tractors become first to beat previous year’s sales even as cars, bikes struggle
Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Tata Motors shares fall 5% even as HSBC upgrades the stock and raises the target
“The big picture to me is GM may have come to the realization that they want EVs to come fast and furious,” explains Michelle Krebs, executive analyst at Cox Automotive. “They pretty much said, ‘We’re not doing hybrids and not investing in gas engines.’ At the moment, at least in the U.S., the EV future is farther off. For the future, it’s more use of GM batteries, proliferate EVs, bring down the cost of the batteries.” … [Read more...] about Nikola and General Motors are now partners. Check out this electric pickup truck!
Motorcycles continued to lead demand, with sales improving 10 percent to 9.37 lakh. Scooter demand declined yet again, falling by 12 percent to 4.56 lakh. Easy on pocket and low on power, mopeds outpaced the industry, recording a growth of 26 percent at 70,126 units. … [Read more...] about Car, SUV sales hit high gear in Aug; bikes, scooters scrape through