High cost of BS-VI compliant two-wheelers will negate new model launches and impact uptake in India, says GlobalData
12.12.2019: Following the news that the cumulative two-wheeler sales of the top four original equipment manufacturers (OEMs) in India declined 16.5% year-on-year in November 2019; Animesh Kumar, Director of Automotive Consultin
|
Following the news that the cumulative two-wheeler sales of the top four original equipment manufacturers (OEMs) in India declined 16.5% year-on-year in November 2019; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “After a satisfactory festive season in October where most OEMs witnessed high dispatch volume, November turned out to be sluggish, with the two-wheeler industry witnessing a significant decline in sales.
“The cumulative sales volume of top four OEMs i.e., Hero MotoCorp, TVS Motor Co, Bajaj Auto and Suzuki Motorcycles India, declined to just over 936,000 units in November 2019 compared to more than 1,121,000 units in November 2018. Slowing economic growth, stringent auto financing and the cost-burden from the bundled insurance package have marred the two-wheeler market the entire year.
“However, the fact that the two-wheeler companies managed to knock down significant BS-IV inventory between September and November 2019 is a major positive. Honda Motorcycle and Scooter India (HMSI) claims to have reduced its inventory to just 24 days in November 2019. November remained a month focused on further inventory reduction of BS-IV vehicles, production planning and launch of new BS-VI variants. The significant inventory reduction five months ahead of implementation will help in smooth transition to BS-VI.
“BS-VI two-wheeler variants that debuted in November include Honda SP125, Hero Splendor iSmart, Yamaha FZ-FI and Yamaha FZS-FI. Most OEMs have either launched or announced their BS-VI variants for flagship models. Honda Activa 125 BS-VI was launched in September; Jawa motorcycles are already equipped with a BS-VI compliant engine, while Royal Enfield Himalayan BS-VI will be launched in January 2020.
Some of the top selling BS-VI compliant two-wheelers available for sale include Honda Activa 125 BS-VI, Honda SP125 (replacing Honda CB Shine SP), TVS Jupiter BS-VI, TVS Apache RTR 200 4V, TVS Apache RTR 160 4V, Hero Honda Splendor iSmart, Yamaha FZ-FI, Yamaha FZS-FI and Vespa 125.
“Though BS-VI models boast of higher torque and mileage, the fact that the current BS-VI models are 8-14% costlier may discourage pocket-conscious customers. Overall, the prices of two-wheelers are expected to witness a 10-15% increase post the implementation of BS-VI.
While the two-wheeler manufacturers are aggressively changing their portfolio in preparation of the implementation of BS-VI emission norms in April 2020, the short-term outlook is unlikely to be promising due to factors including shaky economic situation, poor consumer sentiments, difficulty in securing loans and increase in cost of ownership.”
GlobalData
Permanent-URL:
|
Android Auto™ - BMW to offer wireless integration from mid-2020
11.12.2019
|
| Android Auto comes to BMWThe BMW Group is extending the reach of seamless connectivity in its vehicles with the introduction of Android Auto™ starting in mid-2020. Android Auto, the latest digital and user-centric servic more >> |
Volkswagen Group - Further improvement in mood among employees
11.12.2019
|
| 2019 Stimmungsbarometer (opinion barometer): Improvements in culture, integrity and cooperation Kilian: “We are on the right track with our corporate and leadership culture” Volkswagen employees see the company on the right trac more >> |
SEAT - Enjoy the benefits of CNG on your Christmas holiday roadtrip, facts and figures
11.12.2019
|
| Christmas with CNG• A 2,611 kilometre road trip through four European countries in a cost-saving, compressed natural gas Arona TGI• Christmas markets in France and Switzerland, white truffle in northern Italy and a dip in 37 °C hot springs in the Eastern Pyrenees• &nbs more >> |
FORD releases Global Trend Report 2020
11.12.2019
|
| Loneliness, uncertainty and the importance of trust are dominant themes in this year's report, yet Ford's Chief Futurist uncovers pockets of opportunity for businesses and people to connect and thrive.• The 2020 Looking Further with Ford Tre more >> |
Abarth becomes Official Vehicle Partner of Dubai Autodrome
11.12.2019
|
| • Abarth to be official vehicle partner of Dubai's first fully integrated motorsports complex.• For the first time Abarth is an official vehicle partner with an autodrome.National A more >> |
Update for the Audi RS 5 Coupé and Audi RS 5 Sportback
10.12.2019
|
| RS 5 Coupé* and RS 5 Sportback* feature a tauter exterior design New operating concept with a large MMI touch display Twin-turbo V6 with 331 kW (450 PS) and 600 Nm (442.5 lb-ft) of torque, 0–100 km/h (62.1 mph) in 3.9 seconds more >> |
Street Art Cruising in Miami with the BMW M850i xDrive Convertible.
10.12.2019
|
|
On the occasion of Art Basel held in the Sunshine State, BMW is accompanying artists Alexandre Arrechea and Spencer "MAR" Guilburt on their discovery tour through the city decorated with numerous world-famous murals - BMW is also official partner of Art Basel in Miami Beach in 2019. more >> |
BMW Group recognised worldwide as outstanding employer
09.12.2019
|
| - Tops national and international most attractive employer rankings - Ilka Horstmeier: “Employer attractiveness extremely important in recruiting the best talents” From Germany to China, the BMW Group has once again more >> |
New icon for BMW M Customer Racing: BMW M4 GT3 to take to the track in 2022
07.12.2019
|
| The customer racing range of products in the BMW M Motorsport programme is getting a new top-of-the-range model. From the 2022 season, privateers and privateer teams around the world will have the opportunity to do battle for wins and titles in a GT3 model based on the next generation of the BMW M4. The BMW M4 GT3 will be the new top vehicle in the customer racing offering. more >> |
FPT Industrial and Giorgio Moroder get behind the mixing board
07.12.2019
|
| ...and closer to releasing the sound of the future for the next generation of enginesIt all started with a teaser in April in Munich: during a special and exclusive eveni more >> |
M-Sport Evaluation Centre takes shape
06.12.2019
|
| M-Sport’s state-of-the-art Evaluation Centre is taking shape with the multi-million-pound facility at the firm’s Dovenby Hall Estate near Cockermouth in Cumbria on course for completion next autumn.Work on the self-contained workshop beg more >> |
The new VW Golf gets off to a flying start
06.12.2019
|
| The new model is digitalised, with excellent connectivity and intuitive controls. Four new equipment lines will ensure maximum individual style in future The new Golf will be launched with four engines – more are to follow early in the new year Golf 1.5 TSI with 96 kW/130 PS1 high-tech petrol engine is available from €27,510 in more >> |
Volkswagen Passenger Cars introduces new maintenance concept
06.12.2019
|
| With the new Golf 8, Volkswagen is introducing a new maintenance concept for its models. Start with Golf 8, all other models to follow in the course of 2020 Inspection service interval in Europe1 doubled to 24 months more >> |
Automotive interiors will drive cross-industry developments, says GlobalData
06.12.2019
|
| Megatrend interior concepts in the automotive industry could transfer to other transport sectors as consumers demand higher quality standards, says GlobalData, a leading data and analytics company.Rail and aviation sectors have been used to multiple users of the same product, namely passengers sitting in the same seats and using the same facilities more >> |
Acura’s Super Rare First SUV Reimagined with Super Handling All-Wheel Drive
05.12.2019
|
| Acura to debut restomod SLX luxury-sport utility vehicle – “Super Handling SLX” at the RADwood celebration of '80s and '90s automotive lifestyle 1st Acura SUV upgraded with brand’s latest performance tech: Acura Super Handling All-Wheel Drive™, a race-tuned 350-horsepower 2.0-liter VTEC® Turbo and 1 more >> |
The battery system - Key components for a new era
05.12.2019
|
| Volkswagen Group Components produces high-voltage battery systems for all electric vehicles built on the MEBplatform in the Volkswagen Group. Production at Component division’s site in Brunswick has already started more >> |
Kia Motors officially opens new India production facility
05.12.2019
|
| • Kia plans to strengthen its innovative brand image and digital leadership o Introduction of fully digitized sales and service channel for customerso Kia expanding its future mobility business through various partnerships• Kia to expand the product por more >> |
JETTA brand successfully launched in Chinese market
05.12.2019
|
| The new JETTA SUV VS5 The vehicle is not sold in Germany. Volkswagen sub-brand JETTA records most successful recent brand launch in China, with almost 30,000 deliveries in first three months. Sales board more >> |
Personnel changes at Volkswagen Design
05.12.2019
|
| Klaus Bischoff to take over as Head of Group Design Jozef Kabaň to become Chief Designer at the Volkswagen brand Michael Mauer to concentrate on his responsibilities as Head of Design at Porsche There are to be more >> |
Production of the VW T-Roc Cabriolet begins in Osnabrück
04.12.2019
|
| The vehicle is not yet on sale. The Volkswagen brand's only convertible starts coming off the line today Efficient production facility for the T-Roc Cabriolet1 built for a high double-digit million euro amount more >> |
Artisans with millimetric precision
04.12.2019
|
| DUAL TRAINING• Highly skilled craftsmen hand-shape the die castings that create the different parts of SEAT models• Die makers perform more than 2,000 verifications to avoid any kind of imperfection• Dual Training is key to preparing new generations and ensuring that this artis more >> |
Hyundai's new Venue is a very good place to be in the small SUV segment
04.12.2019
|
| Hyundai's latest addition to its sports utility range has arrived in South Africa, offering the perfect fit for those seeking a seamless combination of style and versatility. The Venue, first introduced at the New York Motor Show earlier this year, joins its larger siblings with its practical and convenient features in a compact package. more >> |
Escape from everyday life the sustainable way in the new MINI Cooper SE
04.12.2019
|
| Classic city traffic was yesterday, today we have urban driving fun which is soon to be electric in unmistakable MINI style. The new MINI Cooper SE (combined fuel consumption: 0.0 l/100 km; combined power consumption: 16.8 – 14.8 kWh/100 km; combined CO2 emissions: 0 g/km) will go on the road in spring 2020. more >> |
Opel Corsa-e Can Considerably Reduce Running Costs
04.12.2019
|
| Overview: comparison of electricity, petrol and diesel at a glance E-advantage: less service and maintenance, lower energy costs, tax benefit When it comes to low running costs, it is har more >> |
FPT Industrial, IVECO and NIKOLA Motors unveil the NIKOLA TRE Prototype
03.12.2019
|
| FPT Industrial, IVECO and NIKOLA unveiled the prototype of their first battery electric vehicle (BEV) for European markets, the NIKOLA Tre – just three months after the announcement of the partnershipThe battery electric NIKOLA Tre will be launched a more >> |
Daimler Mobility AG and Geely Technology Group inaugurate ‘StarRides’ Premium Ride-Hailing Service in Hangzhou
03.12.2019
|
| Premium ride-hailing joint venture launch operations in Chinese metropolis Hangzhou Premium ride-hailing service to be named StarRides Service to be launched with fleet of 100 vehicles including Mercedes-Benz S-Class, E-Class and V-Class vehicles Operations to b more >> |
SKODA utilises LED headlights
03.12.2019
|
| Innovative lighting technology for maximum safety: › Interactive LED headlights and tail lights make driving in the darker months safer and more comfortable› Full LED matrix headlights for the flagship SUPERB and the new OC more >> |
SAGMJ appoints new Chairman of the AutoTrader South African Car of the Year Competition
02.12.2019
|
| For the past two years the South African Guild of Motoring Journalists (SAGMJ) has had an ongoing transformation strategy to build and strengthen the SAGMJ in terms of its service delivery to the industry. more >> |
Rugged and Adventure-Ready 2020 Honda Passport Arrives at Dealerships
02.12.2019
|
|
Passport combines exceptional on-road comfort with robust off-road capability Top-class safety performance with standard Honda Sensing® and top collision-safety ratings more >> |
Renault announces appointment of SVP, Global Marketing Director
02.12.2019
|
| As of 2 December 2019, Xavier Martinet is appointed SVP, Global Marketing Director Groupe Renault reporting to Olivier Murguet, EVP, Regions and Sales and Acting Deputy CEO, Groupe Renault. more >> |
Renault- Nissan- Mitsubishi accelerate operational efficiency of the Alliance
29.11.2019
|
| ... and will appoint Alliance general secretaryRenault-Nissan-Mitsubishi, the world’s leading automotive alliance, held its monthly Alliance Operating Board Meeting in Boulogne-Billancourt, France, attended by Jean-Dominique Sena more >> |
All-electric AIWAYS U5 to go on sale in South Korea
29.11.2019
|
| • AIWAYS agrees partnership with South Korean distributor, Prime Automobile • U5 available in China in December, in selected European markets next year AIWAY more >> |
Technical update for the Audi e-tron
28.11.2019
|
| Better efficiency and longer range: Standard efficiency measures cut consumption Customers enjoy an extra 25 kilometers (15.5 mi) of range in the WLTP cycle more >> |
Point S opens its first point of sale in Singapore
28.11.2019
|
| Point S, the global tire and auto maintenance specialist, continues to expand in Asia and announces the opening of its first point of sale in Singapore, Sin Ming Industrial Region. In Singapore, Point S has moved closer to the BCC Automotive group, whi more >> |
The New Opel Corsa, a true individualization artist
28.11.2019
|
| Free choice: more personalization options than any other Corsa before Sporty, stylish, fresh: “BiColor” alloys with spoke clips, GS Line body kit, mirror covers In more >> |
LEXUS - The safety revolution
28.11.2019
|
| Democratizing safety to achieve Zero Traffic AccidentLexus celebrates 30 years of amazingIt’s not so long ago that the safety provisions in cars – even those at the top end of the market – did little except more >> |
Volkswagen delivers 100,000th e-Golf
28.11.2019
|
| Anniversary verhicle: The 100,000 e-Golf was handed over to Maik Jaehde (3rd from right) in the Transparent Factory Dresden at the end of November. e-Golf1 was launched in 2014 and is one of the most successful battery electric vehicles in Europe more >> |
CUPRA opens its first CUPRA Garage worldwide in Mexico
27.11.2019
|
| The CUPRA brand makes its debut in Mexico with the launch of the CUPRA Ateca The CUPRA Garage is located in an exclusive part of Mexico City CUPRA also opens six CUPRA Corners in the Mexican market Mexican premiere of the CUPRA Formentor and the CUPRA Ateca Limited Edition more >> |
Audi concludes fundamental agreement with Works Council on economic and forward-looking realignment
26.11.2019
|
| Platform-oriented allocation of models to plants and optimized plant capacities to make German sites sustainably fit for the future Job guarantee for AUDI AG employees agreed upon for the next decade Positive impact on earnings totaling around 6 billion euros until 2029 more >> |
