Tag Archives: Consecutive

New car and bike sales decline for ninth consecutive month

With nine straight months of declining sales, it is no surprise that sales in July 2019 across vehicle segments – passenger vehicles and two-wheelers – are not worth writing home about. Instead, they point to an urgent need for a growth stimulus – ideally a GST rate cut from the existing 28 percent to 18 percent – to revive sales. Else, ... Read More »

HTC Posts Seventh Consecutive Quarterly Loss

Taiwan’s HTC on Tuesday announced worse than expected fourth-quarter results and analysts said its much-hyped virtual reality products had failed significantly to boost the struggling smartphone maker. Revenue from October to December was down 13.62 percent year-on-year to TWD 22.2 billion ($720 million or roughly Rs. 4,820 crores). The net loss was TWD 3.1 billion, an improvement on the year-before ... Read More »

Harley-Davidson India Leads Market For Sixth Consecutive Year

Harley-Davidson India has completed six successful years and continues to lead the premium two-wheeler market by holding 60 per cent market share in the 601+cc motorcycle segment. Harley-Davidson India’s market share is as per Society of India Automobile Manufacturers (SIAM). The company said in a release that Harley-Davidson India will remain focussed on bringing new riders into the sport of ... Read More »