Royal Enfield sales fall 49% to 27294 units in May from 53,298 units in April
The Chennai-based company reported domestic sales of 20,073 units and exports of 7221 units in May 2021.
Eicher Motors Limited
Company limited by Shares (2)Eicher Motors Limited Overview
INDIA HO
New DelhiCIN
L34102DL1982PLC129877TYPE
PublicCATEGORY
Company limited by SharesSUB-CATEGORY
Non-govt companyWEBSITE
http://www.eicher.inFOUNDED
14 Oct,1982PAID-UP CAPITAL
272,220,490AUTHORISED CAPITAL
310,100,000Eicher Motors Limited in News
VE Commercial Vehicles sales dip 19% in December at 5,042 units
Sales of Volvo trucks, however, reported a growth of 7.3 per cent at 132 units in December 2019.
Royal Enfield begins production at Vallam Vadagal facility
Spread over 50 acres, the Vallam Vadagal plant will be Royal Enfield s third manufacturing facility, and will manufacture Royal Enfield motorcycles for India and international markets, Eicher Motors said in a statement.
Royal Enfield sales up 21% at 64,459 units in July
The company has sold 2,48,457 units in the 2017-18 fiscal so far excluding the exports. Units exported so far in the year stood at 6,418.
VECV sales marginally down at 4,359 units in July
The company, a joint venture between Volvo Group and Eicher Motors, had sold 4,374 units in the same month last year.
Auto sector riding cyclical recovery
Edelweiss Securities believes that the traditional auto sector valuation framework is undergoing a change, reflecting business dynamics (growth and cash flows), individual company domination and prospects, and drawing parallels with consumers facing businesses across sectors (from banking to commodities).
Royal Enfield flags off Himalayan Odyssey 2017
Himalayan Odyssey 2017 saw 61 motorcyclists including 6 women riders embark on a journey where they will be traversing some of the roughest terrains and mountain passes, covering a distance of over 2,400 kilometres in 18 days on their Royal Enfield motorcycles.
Eicher Polaris to begin exports to Nepal and Bangladesh
Following the rising demand for Multix since its launch in June 2015, the company is increasing its footprint into the metros and to all states by adding more dealers.
Volvo starts sourcing industrial engines from India
India is already the exclusive manufacturing hub for the 5-8 litre, medium-duty Euro VI engines for automotive applications for Volvo's home base in Europe.
Eicher Polaris looks to sell Multix in metros, overseas
As part of its international foray, the company will roll out Multix in Nepal next month while it is also exploring opportunities in Bangladesh and African countries.
Royal Enfield announces Himalayan Odyssey 2017
India's leading motorcycle maker Royal Enfield has announced the dates for Himalayan Odyssey, where bikers will traverse a distance of 2210 km from Delhi to Ladakh region of Jammu and Kashmir.
Auto companies fly past Dalal Street on growth optimism
Analysts are observing more caution in predicting single-digit volume growth for the year.
Eicher Motors is all-time favourite, it has generated 2000% returns: Jonathan Schiessl
We are telling investors that a decent selloff would be a good time to build out positions
Upward revision in volume forecast to help sustain premium valuation of Eicher Motors
The waiting period of the Classic 350, the highest selling motorcycle model of the company, has come down to two months at the end of March 2017 quarter.
Third generation takes over reigns at MRF
Current MD Arun Mammen, brother of KM Mammen, has been reappointed vice chairman and MD. The new MD has already had a nearly 14-year stint in various important roles in the company. He joined the company’s board as whole time director seven years ago when he was vice-president, corporate planning and development. Before that he worked in various departments of the company including project execution, production, finance and planning.
Royal Enfield revving up to buy Ducati?
Ducati is arguably the most iconic brand among high-performance motorcycles. And it could soon be owned by an Indian company. Royal Enfield is understood to have been approached to acquire Italian superbike maker Ducati, owned by Germany’s embattled Volkswagen group.
India is now the world’s biggest two-wheeler market
Besides rising incomes and growing infrastructure in rural areas, one big reason for the spurt in sales has been women commuters who like the ease of zipping in and out of chaotic city traffic on their gearless scooters. For Honda, which leads the scooter market, the share of women is at 35%.
BS-III ban to shave Rs 600 crore off two-wheeler makers margins
When the ruling came the two-wheeler industry had an inventory of 6,70,000 units of BS-III models, amounting to Rs 3,800 crore which is half of monthly sales of the industry.
BS-III impact: Rebates, freebies help 2-wheeler makers clear inventory
Many shops in metros such as Mumbai, Delhi and Bengaluru ran out of stocks while one Hero dealer in Mumbai had to call in cops to manage the crowds.
Volvo CEO Martin Lundstedt meets PM Modi
The two industry leaders were believe to have briefed Modi about the partnership being forged by the two companies at a global level.
Directors of Eicher Motors Limited
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Manvi Sinha | Unlock to View | Unlock to View | Director | 13 Feb,2015 |
| Manhar Kapoor | Unlock to View | Unlock to View | Company Secratary | 09 May,2014 |
| Manepanda Joyappa Subbaiah | Unlock to View | Unlock to View | Director | 30 Apr,2009 |
| Prateek Jalan | Unlock to View | Unlock to View | Director | 28 Apr,2008 |
| Siddhartha Vikram Lal | Unlock to View | Unlock to View | Director | 01 May,2006 |
| Srinivasan Sandilya | Unlock to View | Unlock to View | Director | 26 Oct,1999 |
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