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Eicher Motors’ Royal Enfield launches Bullet 500 ABS

Eicher Motors’ two-wheeler division — Royal Enfield has launched Bullet 500 ABS in the Indian market priced around Rs 1.86 lakh ex-showroom, Delhi. The non-ABS version is priced at Rs 1.73 lakh. This unit is a dual-channel system similar to that seen on other Royal Enfield ABS bikes. Eicher Motors is an India-based company, which is engaged in manufacturing automobile ... Read More »

Eicher Motors’ motorcycle division reports 6% fall in November sales

Eicher Motors’ motorcycle division has reported 6% fall in sales at 65744 units in November 2018 as compared to 70126 motorcycles sold in November 2017. During November 2018, the number of motorcycles exported decreased by 69% to 718 units from 2350 units in November 2017. Eicher Motors is an India-based company, which is engaged in manufacturing automobile products and related ... Read More »

Eicher Motors reports 6% rise in Q2 consolidated net profit

Eicher Motors has reported results for second quarter ended September 30, 2018. The company has reported a fall of 1.04% in its net profit at Rs 481.37 crore for the quarter under review as compared to Rs 486.44 crore for the same quarter in the previous year. However, total income of the company increased by 11.90% at Rs 2,499.34 crore ... Read More »

Eicher Motors’ arm to set up new manufacturing facility at Bhopal

Eicher Motors’ unlisted subsidiary — VE Commercial Vehicles (VECV) has decided to set up a new manufacturing facility at Bhopal. The existing capacity is 90,000 vehicles and the proposed capacity addition is 40,000 vehicles. The Period within which the proposed capacity is to be added is 18‐24 months. The investment required for setting up new manufacturing facility is Rs 400 ... Read More »