Mahindra & Mahindra Ltd. (M&M) has announced that Mutares SE & Co. KGaA has submitted an irrevocable binding offer to acquire 50 percent equity and an 80 percent controlling stake in Peugeot Motocycles (PMTC). M&M will remain as the co-shareholder to support new product launches and the strong growth expected in the coming years. 

Expected to close in the first quarter of 2023 after consultation of the works councils and post the approval of antitrust authorities, the transaction will help M&M to find an effectively in Mutares to sustain the French legacy brand that PMTC is. 

Delighting customers for 124 years, PMTC is headquartered in Mandeure (France) and generates g revenues of approximately EUR 140 million. Manufacturing two and three-wheel scooters that are distributed across 3,000 points of sale in France and other countries, the company has a manufacturing unit at Mandeure. The company also has a joint venture with JNQQ (Jinan Qingqi Motorcycle Co., Ltd.) in China in addition to manufacturing partnerships with several large Asian players like THACO of Vietnam. 

Rajesh Jejurikar, Executive Director, Auto & Farm Sectors, M&M, expressed, “We are delighted to welcome Mutares to Peugeot Motocycles. Our efforts are directed towards sustaining this French legacy brand that has been delighting customers for 124 years. With an established track-record of transforming companies across Europe, coupled with their expertise in the automotive business, Mutares is an ideal partner to strengthen and grow the brand with continuing support from M&M”.

Suzuki Motorcycle India, the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, has launched the OBD2-compliant CY2025 Suzuki Hayabusa.

The flagship motorcycle is available in three dual-tone colour combinations - Metallic Mat Steel Green/Glass Sparkle Black, Glass Sparkle Black/Metallic Mat Titanium Silver and Metallic Mystic Silver/Pearl Vigor Blue- and will be available at INR 1.69 million (ex-showroom Delhi).

The Suzuki Hayabusa is powered by a 1,340 cc in-line 4-cylinder fuel-injected, liquid-cooled DOHC engine, features two Suzuki Ram Air Direct (SRAD) ducts to boost performance, Twin Swirl Combustion Chamber (TSCC) promotes faster and more efficient burning of the fuel-air mixture. The motorcycle is equipped with KYB inverted front forks, BATTLAX HYPERSPORTS 22 tyres, and Brembo Stylema 4-piston front brake calipers

In terms of tech, the Hayabusa comes with Power Mode Selector, Launch Control System, Bi-directional Quick Shift System, Cruise Control and Motion Track Traction Control (TC). It also features Suzuki Easy Start System, Low RPM Assist and LED lighting among others.

Deepak Mutreja, Vice-President – Sales & Marketing, Suzuki Motorcycle India, said, “The Suzuki Hayabusa holds a special place in the hearts of motorcycle enthusiasts across the globe. With the introduction of three new colour combinations and the transition to the OBD-2B compliance, we look forward to captivating customers with a product that stays true to its legacy while meeting today’s riding needs.”

Honda Motorcycle & Scooter India has launched the 2025 CB350, CB350 H’ness and CB350RS with new colour options starting at INR 210,500.

Mechanically unchanged, the CB350 series uses the 348.36 cc, air-cooled, single-cylinder BSVI OBD2B complaint PGM-FI engine. Fully compliant with E20 fuel, the engine produces 15.5 kW power at 5,500 RPM and 30 Nm of peak torque at 3,000 RPM in CB350 H’ness & CB350RS. For CB350 the torque output is 29.5 Nm at 3,000 RPM. Transmission duties are handled by a five-speed gearbox.

The new CB350 range is available at all Honda BigWing dealerships across India.

TVS Motor Company, a leading manufacturer of two-wheelers and three-wheelers, has attained two new milestones for the TVS Apache motorcycle brand.

First introduced in 2005, the sporty TVS Apache motorcycle marked the company’s entry in the premium segment. It was targeted towards young customers and took inspiration from TVS Racing heritage. The company has announced that in addition to celebrating the 20th anniversary milestone for the Apache motorcycle, the brand has also crossed the 6 million sales milestone.

The TVS Apache is currently sold in more than 60 countries, including LATAM, Africa and Europe. Furthermore, TVS Apache is said to be the first two-wheeler brand in the country that offers factory customisation build-to-order (BTO) option.

Sudarshan Venu, Managing Director, TVS Motor Company, said, "We are immensely grateful to the over 6 million passionate riders of TVS Apache for their unwavering trust and enthusiasm over the last 20 years. Their love for performance and adrenaline has propelled TVS Apache to become one of the fastest-growing sports motorcycle brands globally. This milestone belongs to every member of the TVSM family – our engineers, designers, factory teams, dealers, suppliers and partners – who push the limits of innovation every day. TVS Apache’s enduring success emanates from cutting-edge racing technology, precision engineering, and unmatched performance. It is a testament to our relentless commitment to empowering the new generation of young riders who live and breathe the thrill of motorcycling.”

Vimal Sumbly, Head – Premium Business, TVS Motor Company, said, “TVS Apache has been at the forefront of premium motorcycling, embodying our strategic vision of building a brand rooted in racing excellence and innovation. Over the past 20 years, Apache has redefined performance motorcycling and has created a thriving ecosystem through the Apache Owners Group, uniting passionate riders globally. Crossing the 6 million customer milestone is a testament to the brand’s relentless pursuit of excellence, pioneering segment-first innovations, and delivering unparalleled consumer experiences. As we move forward, we remain committed to pushing the boundaries of performance, technology, and community engagement to shape the future of premium motorcycling. Apache is more than a motorcycle – it’s a movement, a legacy and a community of racing enthusiasts.”

Honda Motorcycle & Scooter India (HMSI), a leading manufacturer of scooters and motorcycles in the country, has announced its wholesales numbers for March 2025 and FY2025.

The company sold a total of 427,448 two-wheelers last month, which includes 401,411 units in the domestic market and 26,037 units exported.

For FY2025, the company shared it recorded 19 percent YoY growth with sales of 5.83 million two-wheelers, which includes 5.32 million units in the domestic market and 505,012 units exported.

During the fiscal, the company expanded its alternative energy portfolio with the introduction of the Activa e: & QC1 in the electric scooter segment and the introduction of the CB300F flex-fuel motorcycle, which is the country’s first 300cc flex-fuel motorcycle.

To support its e-scooter, the company also joined hands with Honda Power Pack Energy India for its battery swapping network.