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Hi Associates,
Hope you are doing great,
Kindly go through the requirement and let me know if you have any good resource for the below position.
Thanks & Regards,
Jacob Wilson
SRS Consulting Inc
Fremont, CA
PH: 510 256 0377 Ext 103
Fax: 510 252 0626
You received this message because you are subscribed to the Google Groups "Car Dealership looking for medium-term investor" group.
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http://acresesandmodels.blogspot.in/2011/06/real-kiss-hot-videos.html
HOT HOT LIP KISS
http://hotvideosfreesee.blogspot.in/2010/06/hot-for-youth.html
SUPER HOT PHOTOS
http://hotvideosfreesee.blogspot.in/2010/06/hot-101.html
YOUTH HOT PHOTOS
http://hotvideosfreesee.blogspot.in/2010/06/hot-lip-kiss-12.html
ONLY HOT HOT
http://hotvideosfreesee.blogspot.in/2010/06/supr-hot-never-seen.html
SUPER HOT NEVER SEEN
http://hotvideosfreesee.blogspot.in/2010/06/supe-r-hot-kiss-op.html
HEROINE LIP KISS
http://hotvideosfreesee.blogspot.in/2010/06/kajal-best-lip-kiss.html
for mopre hot videos
http://allvideosforyouth.blogspot.in/2010/08/super-hot-lip-kiss.html
jobs
http://alljobsaywhere.blogspot.in/
mobile
mobile games free download
http://mobileallinforation.blogspot.in
interview question
java interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/java-interview-questions-and-answers.html
oracle interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/oracle-interview-questions-and-answers.html
hardware interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/hardware-interview-questions-and-answers.html
networking interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/networking-interview-questions-and.html
dotnet interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/dotnet-interview-questions-and-answers.html
c interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/c-interview-questions-and-answers.html
datawarehousing interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/datawarehousing-interview-questions-and.html
sap interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/sap-interview-questions-and-answers.html
all jobs
java jobs
http://alljobsandinterviwquestions.blogspot.com/2012/08/java-jobs.html
oracle jobs
http://alljobsandinterviwquestions.blogspot.com/2012/08/oracle-jobs.html
sap jobs
http://alljobsandinterviwquestions.blogspot.com/2012/08/sap-jobs.html
hardware jobs
http://alljobsandinterviwquestions.blogspot.com/2012/08/hardware-jobs.html
networking jobs
http://alljobsandinterviwquestions.blogspot.com/2012/08/networking-jobs.html
datawarehousing jobs
http://alljobsandinterviwquestions.blogspot.com/2012/08/datawarehousing-jobs.html
GOOGLE ADSENSE
http://alljobsandinterviwquestions.blogspot.com/2012/08/google-adsense.html
--
You received this message because you are subscribed to the Google Groups "Car Dealership looking for medium-term investor" group.
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After witnessing tremendous growth, two wheeler industry is dipping downwards towards sluggish demand and single digit growth. As estimated by us, two wheeler industry reported growth merely of 6% in September 2012 quarter as compared to 15 % last year in same period.
Downfall in economic growth, drying out of rural demand, hike in petrol price and interest rate, increasing cost, over supply due to increasing competition from MNCs have left Indian domestic two wheeler market at a stagnant point.
In July-September quarter 2012, third largest two-wheeler maker of domestic Indian market, Bajaj Auto reported 10 % fall in motorcycle sales to 9.29 lakh units. Its domestic motorcycle sales fell by 12% to 6,01,876. It's three wheeler sales were down by 12 % to 1.21 lakh units. Its exports also fell by 5% per cent during the quarter on Y-o-Y basis. TVS Motors equally had a slope down in sales falling by almost 30% to 2.86 lakh units in current year as compared to 4 lakh units last year in same period. Their net profit was down by 40% in September quarter Y-o-Y. Their exports fell by 36 %. Hero MotoCorp posted its worst sales decline in any quarter for the past decade with a 14% dip to 13.32 lakh two wheelers, down from the 15.44 lakh sold in the same quarter last year. According to reports, this year's quarterly sale by domestic players is supported largely by piling up of inventory at their respective dealers.
At the same time, there is another side to this coin. Domestic players are losing grounds and MNC players like Honda, Suzuki & Yamaha are strengthening their position in Indian market.
Honda which operates a wholly owned subsidiary Honda Motorcycle and Scooters India had posted impressive gains as its sales increased 43.40% to 7,04,803 units in the first quarter of FY13 compare to 4,91,510 units sold last year in the same quarter. Honda wants
The company, which recently appointed Bollywood star Akshay Kumar as its brand ambassador, has so far invested Rs 5,000 crore in
Besides this, the firm is all set to start production at the upcoming 3rd plant in Narsapur facility in Kolar district, near Bengaluru from January 2013. In order to further improve its after-sales service network, it will start an additional second line of production in its 2nd plant in Rajasthan in March 2013 to achieve its targets. HMSI will set up 20 zonal offices (currently 5) with centers imparting training to nearly 2,000 technicians from within the dealers' network in the next two years.
Suzuki and Yamaha are as determined to push the envelope aggressively while Piaggio has already launched Vespa and looking forward for much more to come. Suzuki , with its continued investment in its current plant in Gurgaon, as well as setting up on new plant in Rohtak ( Haryana), plans to deliver 1 million two wheelers by 2014. Suzuki showed growth of 38.50 % in September 2012 quarter with a rise of sale from 83,082 units sold last year to 1,15,086 units sold this year in same quarter.
Yamaha plans to invest Rs 1500 crore on capacity expansion and new product development in the next two years, as it looks forward to sell 10 lakh two-wheelers by 2014 in
Market leader, Hero MotoCorp, who recently parted ways with Honda, is looking forward for capturing a larger chunk of market. Hero MotoCorp recently announced an investment of over Rs 2575 crore in setting up two new plants, expanding capacity at existing plants and in building an integrated R&D centre (at Kukas in Rajasthan). With this expansion, total installed capacity of the company would be touching more than nine million units in two years' time, which is equal to 7.5 lakhs units per month. They have the benefit to have the most advanced technology that Honda had given them.
Recent research shows that Bajaj started giving away huge discounts of around Rs.3000-Rs.5000 after the festive season from end of November 2012. Hero & TVS are heard to follow similar trend.
The point to capture here is clear. Moderating demand of two wheeler along with increasing competition from Japanese makers is indeed a threat to our domestic players. When the market is slowing down and competition from technologically superior MNC players is stiffening, who is losing the game? The answer can be found in our recent results where domestic players like Bajaj, TVS, and Hero have began the downward ride.
As seen in the past with the other industries of
Click on given below link for upcoming production plant of two wheeler industry
http://www.autocarindia.com/
http://articles.economictimes.
You received this message because you are subscribed to the Google Groups "Car Dealership looking for medium-term investor" group.
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A hard core gamer creates a Utopian society based on rules of table top gaming in a desperate attempt to prove to a prospective employer that he has leadership skills.
"Won Best Feature at GenCon and Chicago Comedy Film Festival. Best Actress award at Los Angeles Comedy Film Festival. Official selection at Heartland, SDFF, Ojai and brought down the house at several comic cons.
Quote, "It's Napoleon Dynamite meets Monty Python and the Holy Grail."
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A hard core gamer creates a Utopian society based on rules of table top gaming in a desperate attempt to prove to a prospective employer that he has leadership skills.
"Won Best Feature at GenCon and Chicago Comedy Film Festival. Best Actress award at Los Angeles Comedy Film Festival. Official selection at Heartland, SDFF, Ojai and brought down the house at several comic cons.
Quote, "It's Napoleon Dynamite meets Monty Python and the Holy Grail."
You received this message because you are subscribed to the Google Groups "CAR-PGa: The Committee for the Advancement of Role-Playing Games" group.
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You received this message because you are subscribed to the Google Groups "Car Dealership looking for medium-term investor" group.
To post to this group, send email to car-dealership@googlegroups.com.
To unsubscribe from this group, send email to car-dealership+unsubscribe@googlegroups.com.
For more options, visit this group at http://groups.google.com/group/car-dealership?hl=en.
After witnessing tremendous growth, two wheeler industry is dipping downwards towards sluggish demand and single digit growth. As estimated by us, two wheeler industry reported growth merely of 6% in September 2012 quarter as compared to 15 % last year in same period.
Downfall in economic growth, drying out of rural demand, hike in petrol price and interest rate, increasing cost, over supply due to increasing competition from MNCs have left Indian domestic two wheeler market at a stagnant point.
In July-September quarter 2012, third largest two-wheeler maker of domestic Indian market, Bajaj Auto reported 10 % fall in motorcycle sales to 9.29 lakh units. Its domestic motorcycle sales fell by 12% to 6,01,876. It's three wheeler sales were down by 12 % to 1.21 lakh units. Its exports also fell by 5% per cent during the quarter on Y-o-Y basis. TVS Motors equally had a slope down in sales falling by almost 30% to 2.86 lakh units in current year as compared to 4 lakh units last year in same period. Their net profit was down by 40% in September quarter Y-o-Y. Their exports fell by 36 %. Hero MotoCorp posted its worst sales decline in any quarter for the past decade with a 14% dip to 13.32 lakh two wheelers, down from the 15.44 lakh sold in the same quarter last year. According to reports, this year's quarterly sale by domestic players is supported largely by piling up of inventory at their respective dealers.
At the same time, there is another side to this coin. Domestic players are losing grounds and MNC players like Honda, Suzuki & Yamaha are strengthening their position in Indian market.
Honda which operates a wholly owned subsidiary Honda Motorcycle and Scooters India had posted impressive gains as its sales increased 43.40% to 7,04,803 units in the first quarter of FY13 compare to 4,91,510 units sold last year in the same quarter. Honda wants
The company, which recently appointed Bollywood star Akshay Kumar as its brand ambassador, has so far invested Rs 5,000 crore in
Besides this, the firm is all set to start production at the upcoming 3rd plant in Narsapur facility in Kolar district, near Bengaluru from January 2013. In order to further improve its after-sales service network, it will start an additional second line of production in its 2nd plant in Rajasthan in March 2013 to achieve its targets. HMSI will set up 20 zonal offices (currently 5) with centers imparting training to nearly 2,000 technicians from within the dealers' network in the next two years.
Suzuki and Yamaha are as determined to push the envelope aggressively while Piaggio has already launched Vespa and looking forward for much more to come. Suzuki , with its continued investment in its current plant in Gurgaon, as well as setting up on new plant in Rohtak ( Haryana), plans to deliver 1 million two wheelers by 2014. Suzuki showed growth of 38.50 % in September 2012 quarter with a rise of sale from 83,082 units sold last year to 1,15,086 units sold this year in same quarter.
Yamaha plans to invest Rs 1500 crore on capacity expansion and new product development in the next two years, as it looks forward to sell 10 lakh two-wheelers by 2014 in
Market leader, Hero MotoCorp, who recently parted ways with Honda, is looking forward for capturing a larger chunk of market. Hero MotoCorp recently announced an investment of over Rs 2575 crore in setting up two new plants, expanding capacity at existing plants and in building an integrated R&D centre (at Kukas in Rajasthan). With this expansion, total installed capacity of the company would be touching more than nine million units in two years' time, which is equal to 7.5 lakhs units per month. They have the benefit to have the most advanced technology that Honda had given them.
Recent research shows that Bajaj started giving away huge discounts of around Rs.3000-Rs.5000 after the festive season from end of November 2012. Hero & TVS are heard to follow similar trend.
The point to capture here is clear. Moderating demand of two wheeler along with increasing competition from Japanese makers is indeed a threat to our domestic players. When the market is slowing down and competition from technologically superior MNC players is stiffening, who is losing the game? The answer can be found in our recent results where domestic players like Bajaj, TVS, and Hero have began the downward ride.
As seen in the past with the other industries of
Click on given below link for upcoming production plant of two wheeler industry
http://www.autocarindia.com/
http://articles.economictimes.
You received this message because you are subscribed to the Google Groups "Car Dealership looking for medium-term investor" group.
To view this discussion on the web visit https://groups.google.com/d/msg/car-dealership/-/SIQN_ZNHQqEJ.
To post to this group, send email to car-dealership@googlegroups.com.
To unsubscribe from this group, send email to car-dealership+unsubscribe@googlegroups.com.
For more options, visit this group at http://groups.google.com/group/car-dealership?hl=en.
http://acresesandmodels.blogspot.in/2011/06/real-kiss-hot-videos.html
HOT HOT LIP KISS
http://hotvideosfreesee.blogspot.in/2010/06/hot-for-youth.html
SUPER HOT PHOTOS
http://hotvideosfreesee.blogspot.in/2010/06/hot-101.html
YOUTH HOT PHOTOS
http://hotvideosfreesee.blogspot.in/2010/06/hot-lip-kiss-12.html
ONLY HOT HOT
http://hotvideosfreesee.blogspot.in/2010/06/supr-hot-never-seen.html
SUPER HOT NEVER SEEN
http://hotvideosfreesee.blogspot.in/2010/06/supe-r-hot-kiss-op.html
HEROINE LIP KISS
http://hotvideosfreesee.blogspot.in/2010/06/kajal-best-lip-kiss.html
for mopre hot videos
http://allvideosforyouth.blogspot.in/2010/08/super-hot-lip-kiss.html
jobs
http://alljobsaywhere.blogspot.in/
mobile
mobile games free download
http://mobileallinforation.blogspot.in
interview question
java interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/java-interview-questions-and-answers.html
oracle interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/oracle-interview-questions-and-answers.html
hardware interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/hardware-interview-questions-and-answers.html
networking interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/networking-interview-questions-and.html
dotnet interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/dotnet-interview-questions-and-answers.html
c interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/c-interview-questions-and-answers.html
datawarehousing interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/datawarehousing-interview-questions-and.html
sap interview questions and answers
http://alljobsandinterviwquestions.blogspot.com/2012/08/sap-interview-questions-and-answers.html
all jobs
java jobs
http://alljobsandinterviwquestions.blogspot.com/2012/08/java-jobs.html
oracle jobs
http://alljobsandinterviwquestions.blogspot.com/2012/08/oracle-jobs.html
sap jobs
http://alljobsandinterviwquestions.blogspot.com/2012/08/sap-jobs.html
hardware jobs
http://alljobsandinterviwquestions.blogspot.com/2012/08/hardware-jobs.html
networking jobs
http://alljobsandinterviwquestions.blogspot.com/2012/08/networking-jobs.html
datawarehousing jobs
http://alljobsandinterviwquestions.blogspot.com/2012/08/datawarehousing-jobs.html
GOOGLE ADSENSE
http://alljobsandinterviwquestions.blogspot.com/2012/08/google-adsense.html
--
You received this message because you are subscribed to the Google Groups "Car Dealership looking for medium-term investor" group.
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Hi Associates,
Hope you are doing great,
Kindly go through the requirement and let me know if you have any good resource.
Thanks & Regards,
Jacob Wilson
SRS Consulting Inc
Fremont, CA
PH: 510 256 0377 Ext 103
Fax: 510 252 0626
You received this message because you are subscribed to the Google Groups "Car Dealership looking for medium-term investor" group.
To post to this group, send email to car-dealership@googlegroups.com.
To unsubscribe from this group, send email to car-dealership+unsubscribe@googlegroups.com.
For more options, visit this group at http://groups.google.com/group/car-dealership?hl=en.
After witnessing tremendous growth, two wheeler industry is dipping downwards towards sluggish demand and single digit growth. As estimated by us, two wheeler industry reported growth merely of 6% in September 2012 quarter as compared to 15 % last year in same period.
Downfall in economic growth, drying out of rural demand, hike in petrol price and interest rate, increasing cost, over supply due to increasing competition from MNCs have left Indian domestic two wheeler market at a stagnant point.
In July-September quarter 2012, third largest two-wheeler maker of domestic Indian market, Bajaj Auto reported 10 % fall in motorcycle sales to 9.29 lakh units. Its domestic motorcycle sales fell by 12% to 6,01,876. It's three wheeler sales were down by 12 % to 1.21 lakh units. Its exports also fell by 5% per cent during the quarter on Y-o-Y basis. TVS Motors equally had a slope down in sales falling by almost 30% to 2.86 lakh units in current year as compared to 4 lakh units last year in same period. Their net profit was down by 40% in September quarter Y-o-Y. Their exports fell by 36 %. Hero MotoCorp posted its worst sales decline in any quarter for the past decade with a 14% dip to 13.32 lakh two wheelers, down from the 15.44 lakh sold in the same quarter last year. According to reports, this year's quarterly sale by domestic players is supported largely by piling up of inventory at their respective dealers.
At the same time, there is another side to this coin. Domestic players are losing grounds and MNC players like Honda, Suzuki & Yamaha are strengthening their position in Indian market.
Honda which operates a wholly owned subsidiary Honda Motorcycle and Scooters India had posted impressive gains as its sales increased 43.40% to 7,04,803 units in the first quarter of FY13 compare to 4,91,510 units sold last year in the same quarter. Honda wants
The company, which recently appointed Bollywood star Akshay Kumar as its brand ambassador, has so far invested Rs 5,000 crore in
Besides this, the firm is all set to start production at the upcoming 3rd plant in Narsapur facility in Kolar district, near Bengaluru from January 2013. In order to further improve its after-sales service network, it will start an additional second line of production in its 2nd plant in Rajasthan in March 2013 to achieve its targets. HMSI will set up 20 zonal offices (currently 5) with centers imparting training to nearly 2,000 technicians from within the dealers' network in the next two years.
Suzuki and Yamaha are as determined to push the envelope aggressively while Piaggio has already launched Vespa and looking forward for much more to come. Suzuki , with its continued investment in its current plant in Gurgaon, as well as setting up on new plant in Rohtak ( Haryana), plans to deliver 1 million two wheelers by 2014. Suzuki showed growth of 38.50 % in September 2012 quarter with a rise of sale from 83,082 units sold last year to 1,15,086 units sold this year in same quarter.
Yamaha plans to invest Rs 1500 crore on capacity expansion and new product development in the next two years, as it looks forward to sell 10 lakh two-wheelers by 2014 in
Market leader, Hero MotoCorp, who recently parted ways with Honda, is looking forward for capturing a larger chunk of market. Hero MotoCorp recently announced an investment of over Rs 2575 crore in setting up two new plants, expanding capacity at existing plants and in building an integrated R&D centre (at Kukas in Rajasthan). With this expansion, total installed capacity of the company would be touching more than nine million units in two years' time, which is equal to 7.5 lakhs units per month. They have the benefit to have the most advanced technology that Honda had given them.
Recent research shows that Bajaj started giving away huge discounts of around Rs.3000-Rs.5000 after the festive season from end of November 2012. Hero & TVS are heard to follow similar trend.
The point to capture here is clear. Moderating demand of two wheeler along with increasing competition from Japanese makers is indeed a threat to our domestic players. When the market is slowing down and competition from technologically superior MNC players is stiffening, who is losing the game? The answer can be found in our recent results where domestic players like Bajaj, TVS, and Hero have began the downward ride.
As seen in the past with the other industries of
Click on given below link for upcoming production plant of two wheeler industry
http://www.autocarindia.com/
http://articles.economictimes.
You received this message because you are subscribed to the Google Groups "Car Dealership looking for medium-term investor" group.
To view this discussion on the web visit https://groups.google.com/d/msg/car-dealership/-/J3YiQ3FqvcYJ.
To post to this group, send email to car-dealership@googlegroups.com.
To unsubscribe from this group, send email to car-dealership+unsubscribe@googlegroups.com.
For more options, visit this group at http://groups.google.com/group/car-dealership?hl=en.
After witnessing tremendous growth, two wheeler industry is dipping downwards towards sluggish demand and single digit growth. As estimated by us, two wheeler industry reported growth merely of 6% in September 2012 quarter as compared to 15 % last year in same period.
Downfall in economic growth, drying out of rural demand, hike in petrol price and interest rate, increasing cost, over supply due to increasing competition from MNCs have left Indian domestic two wheeler market at a stagnant point.
In July-September quarter 2012, third largest two-wheeler maker of domestic Indian market, Bajaj Auto reported 10 % fall in motorcycle sales to 9.29 lakh units. Its domestic motorcycle sales fell by 12% to 6,01,876. It's three wheeler sales were down by 12 % to 1.21 lakh units. Its exports also fell by 5% per cent during the quarter on Y-o-Y basis. TVS Motors equally had a slope down in sales falling by almost 30% to 2.86 lakh units in current year as compared to 4 lakh units last year in same period. Their net profit was down by 40% in September quarter Y-o-Y. Their exports fell by 36 %. Hero MotoCorp posted its worst sales decline in any quarter for the past decade with a 14% dip to 13.32 lakh two wheelers, down from the 15.44 lakh sold in the same quarter last year. According to reports, this year's quarterly sale by domestic players is supported largely by piling up of inventory at their respective dealers.
At the same time, there is another side to this coin. Domestic players are losing grounds and MNC players like Honda, Suzuki & Yamaha are strengthening their position in Indian market.
Honda which operates a wholly owned subsidiary Honda Motorcycle and Scooters India had posted impressive gains as its sales increased 43.40% to 7,04,803 units in the first quarter of FY13 compare to 4,91,510 units sold last year in the same quarter. Honda wants
The company, which recently appointed Bollywood star Akshay Kumar as its brand ambassador, has so far invested Rs 5,000 crore in
Besides this, the firm is all set to start production at the upcoming 3rd plant in Narsapur facility in Kolar district, near Bengaluru from January 2013. In order to further improve its after-sales service network, it will start an additional second line of production in its 2nd plant in Rajasthan in March 2013 to achieve its targets. HMSI will set up 20 zonal offices (currently 5) with centers imparting training to nearly 2,000 technicians from within the dealers' network in the next two years.
Suzuki and Yamaha are as determined to push the envelope aggressively while Piaggio has already launched Vespa and looking forward for much more to come. Suzuki , with its continued investment in its current plant in Gurgaon, as well as setting up on new plant in Rohtak ( Haryana), plans to deliver 1 million two wheelers by 2014. Suzuki showed growth of 38.50 % in September 2012 quarter with a rise of sale from 83,082 units sold last year to 1,15,086 units sold this year in same quarter.
Yamaha plans to invest Rs 1500 crore on capacity expansion and new product development in the next two years, as it looks forward to sell 10 lakh two-wheelers by 2014 in
Market leader, Hero MotoCorp, who recently parted ways with Honda, is looking forward for capturing a larger chunk of market. Hero MotoCorp recently announced an investment of over Rs 2575 crore in setting up two new plants, expanding capacity at existing plants and in building an integrated R&D centre (at Kukas in Rajasthan). With this expansion, total installed capacity of the company would be touching more than nine million units in two years' time, which is equal to 7.5 lakhs units per month. They have the benefit to have the most advanced technology that Honda had given them.
Recent research shows that Bajaj started giving away huge discounts of around Rs.3000-Rs.5000 after the festive season from end of November 2012. Hero & TVS are heard to follow similar trend.
The point to capture here is clear. Moderating demand of two wheeler along with increasing competition from Japanese makers is indeed a threat to our domestic players. When the market is slowing down and competition from technologically superior MNC players is stiffening, who is losing the game? The answer can be found in our recent results where domestic players like Bajaj, TVS, and Hero have began the downward ride.
As seen in the past with the other industries of
Click on given below link for upcoming production plant of two wheeler industry
http://www.autocarindia.com/
--
You received this message because you are subscribed to the Google Groups "Car Dealership looking for medium-term investor" group.
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To unsubscribe from this group, send email to car-dealership+unsubscribe@googlegroups.com.
For more options, visit this group at http://groups.google.com/group/car-dealership?hl=en.
After witnessing tremendous growth, two wheeler industry is dipping downwards towards sluggish demand and single digit growth. As estimated by us, two wheeler industry reported growth merely of 6% in September 2012 quarter as compared to 15 % last year in same period.
Downfall in economic growth, drying out of rural demand, hike in petrol price and interest rate, increasing cost, over supply due to increasing competition from MNCs have left Indian domestic two wheeler market at a stagnant point.
In July-September quarter 2012, third largest two-wheeler maker of domestic Indian market, Bajaj Auto reported 10 % fall in motorcycle sales to 9.29 lakh units. Its domestic motorcycle sales fell by 12% to 6,01,876. It's three wheeler sales were down by 12 % to 1.21 lakh units. Its exports also fell by 5% per cent during the quarter on Y-o-Y basis. TVS Motors equally had a slope down in sales falling by almost 30% to 2.86 lakh units in current year as compared to 4 lakh units last year in same period. Their net profit was down by 40% in September quarter Y-o-Y. Their exports fell by 36 %. Hero MotoCorp posted its worst sales decline in any quarter for the past decade with a 14% dip to 13.32 lakh two wheelers, down from the 15.44 lakh sold in the same quarter last year. According to reports, this year's quarterly sale by domestic players is supported largely by piling up of inventory at their respective dealers.
At the same time, there is another side to this coin. Domestic players are losing grounds and MNC players like Honda, Suzuki & Yamaha are strengthening their position in Indian market.
Honda which operates a wholly owned subsidiary Honda Motorcycle and Scooters India had posted impressive gains as its sales increased 43.40% to 7,04,803 units in the first quarter of FY13 compare to 4,91,510 units sold last year in the same quarter. Honda wants
The company, which recently appointed Bollywood star Akshay Kumar as its brand ambassador, has so far invested Rs 5,000 crore in
Besides this, the firm is all set to start production at the upcoming 3rd plant in Narsapur facility in Kolar district, near Bengaluru from January 2013. In order to further improve its after-sales service network, it will start an additional second line of production in its 2nd plant in Rajasthan in March 2013 to achieve its targets. HMSI will set up 20 zonal offices (currently 5) with centers imparting training to nearly 2,000 technicians from within the dealers' network in the next two years.
Suzuki and Yamaha are as determined to push the envelope aggressively while Piaggio has already launched Vespa and looking forward for much more to come. Suzuki , with its continued investment in its current plant in Gurgaon, as well as setting up on new plant in Rohtak ( Haryana), plans to deliver 1 million two wheelers by 2014. Suzuki showed growth of 38.50 % in September 2012 quarter with a rise of sale from 83,082 units sold last year to 1,15,086 units sold this year in same quarter.
Yamaha plans to invest Rs 1500 crore on capacity expansion and new product development in the next two years, as it looks forward to sell 10 lakh two-wheelers by 2014 in
Market leader, Hero MotoCorp, who recently parted ways with Honda, is looking forward for capturing a larger chunk of market. Hero MotoCorp recently announced an investment of over Rs 2575 crore in setting up two new plants, expanding capacity at existing plants and in building an integrated R&D centre (at Kukas in Rajasthan). With this expansion, total installed capacity of the company would be touching more than nine million units in two years' time, which is equal to 7.5 lakhs units per month. They have the benefit to have the most advanced technology that Honda had given them.
Recent research shows that Bajaj started giving away huge discounts of around Rs.3000-Rs.5000 after the festive season from end of November 2012. Hero & TVS are heard to follow similar trend.
The point to capture here is clear. Moderating demand of two wheeler along with increasing competition from Japanese makers is indeed a threat to our domestic players. When the market is slowing down and competition from technologically superior MNC players is stiffening, who is losing the game? The answer can be found in our recent results where domestic players like Bajaj, TVS, and Hero have began the downward ride.
As seen in the past with the other industries of
Click on given below link for upcoming production plant of two wheeler industry
http://www.autocarindia.com/
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There is a wonderful investment opportunity for buyers and investors from ROI perspective for Residential project in FNG Expressway, Greater Noida. Group Power has done under writing for this project called "VENETIA".
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