More two-wheeler brands to skip Auto Expo 2020 - Report
The list of two-wheeler brands that will skip the 2020 Auto Expo expands, as more manufacturers reportedly withdraw from the biennial motoring event in Delhi NCR.
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The list of brands that will skip the motoring event which will be held from 7-12 February include:
- Hero MotoCorp
- TVS Motor Company
- Royal Enfield
- Bajaj Auto
- Honda Motorcycle and Scooter India
- Yamaha Motor India
- Jawa Motorcycles (Classic Legends)
- BMW Motorrad India
- Triumph Motorcycles India
- India Kawasaki Motor
- Ducati India
- Harley-Davidson India
- Motoroyale by Kinetic (MV Agusta, FB Mondial, SWM, Norton, Hyosung)
- Ather Energy
The slowdown in the sales and falling revenue can be cited as one of the reasons behind the decision of the manufacturers to skip Auto Expo 2020. The revision in the insurance structure and the mandatory addition of ABS/CBS safety tech to all two-wheelers resulted in a steep increase in price over the last year.
The manufacturers also faced the R&D cost to upgrade the vehicles to the upcoming BS-VI emission norms, which will result in further price increases. Moreover, the government has not provided any GST relief to the automobile industry, and the prices are not likely to come down soon. Therefore, manufacturers are avoiding any unnecessary expenses.
Hero MotoCorp said in a statement:
Participation in the Expo would require months of preparation and allocation of massive resources - both in terms of financial spends and manpower. In keeping with the prioritised objectives, the Company has decided after much deliberation, to skip the upcoming Auto Expo.
Most of the international brands would unveil their respective 2020 line-up over the next few months. Kawasaki has multiple launches scheduled on 23 October (Tokyo Motor Show) and 7 November (EICMA Motorcycle Show). Ducati will unveil its 2020 line-up, including the 208 hp Streetfighter V4, on 23 October. KTM has confirmed through a teaser video that its updated product portfolio will arrive on 5 November (EICMA Motorcycle Show).
Also Read: Bajaj Chetak electric scooter unveiled
While many prominent two-wheeler brands have decided to stay away from Auto Expo 2020, we expect to see many new, electric motorcycle and scooter manufacturers attend the at the biennial motoring event. The Government policies to boost electric mobility have resulted in an increase in electric two-wheeler brands in the Indian market. With major names missing from the show, the stalls would most likely be available at affordable rates.
[Source: AutocarIndia.com]
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