- European Rally Championship 2024
- 2024 FIA European Rally Championship
- Team MRF Tyres
- MRF Tyres
- Rajd Śląska
Team MRF Tyres Wins Rally Silesia - Rajd Śląska - Poland 2024
- By MT Bureau
- October 14, 2024
Team MRF Tyres has won the final round of European Rally Championship 2024 at the Rally of Silesia, Poland. Andrea Mabellini and Virginia Lenzi (ITA) steered the team to victory, participating in Škoda Fabia RS Rally2, and became the eighth different winner of the eight round 2024 FIA European Rally Championship.
Mabellini's maiden European career triumph was made possible by the exceptional performance of the Italian crew, who was placed second in the last championship round at the JDS Machinery Rali Ceredigion. As the first Italian to win a European rally outside of Italy in 13 years, this is a noteworthy outcome. With this outcome, Mabellini concluded the season in fourth position, just a few points below third place, and made a substantial contribution to Team MRF Tyres' second-place finish in the rankings.
As the only driver to fight two-time European champion and former WRC driver Hayden Paddon, Mabellini was in the running from the beginning, finishing second in the opening show stage. After a fierce duel that lasted down to the tenths of a second, Mabellini's triumph on SS11 on Day 2 marked a turning point and put him in the lead. The pivotal moment came three stages from the finish: following a largely dry rally, the rain and shifting weather conditions made tyre selection extremely important. Mabellini showed maturity by driving with both speed and precision while Team MRF Tyres made no mistakes. By the finish, he had increased his advantage from a slim 1.9-second cushion to 18.3 seconds.
Amaury Molle (B) and Alex Dubois (FRA) of Team MRF Tyres also finished in Katowice with their Škoda Fabia Rally2 Evo. After an accident at the Barum Czech Rally Zlín two months ago, the Belgian driver returned and showed steady performance. Molle fought hard to restore confidence and consistency, achieving outstanding times, including sixth on SS11, despite the extremely unpredictable circumstances.
Mabellini said, “I’m extremely happy. I want to thank Team MRF Tyres for believing in me from the start. We’ve worked hard together, and achieving this result is a huge satisfaction for all of us. A big thanks also to Virginia, who understands me perfectly, guides me, and without whom I wouldn’t be able to give my best, and to everyone who supported us from Italy. It’s been an incredible weekend, a season finale to remember. We’re enjoying this moment.”
Molle said, “It’s been a weekend full of positives. I know it will take time to fully regain my rhythm and the confidence to push at 100 percent, but I felt a great connection with the car, and Alex and I did a good job, improving stage by stage. We made a small mistake on the final stage but that doesn’t change our outlook on the weekend’s result. Thanks to Team MRF Tyres for this opportunity; now we have the winter to prepare and focus on our 2025 season.”
Eicher Motors Reports INR 15.73 Billion Net Profit For Q2 FY2027
- By MT Bureau
- November 14, 2026
Eicher Motors announced its financial results for Q2 FY2027, reporting revenue from operations of INR 74.22 billion, representing a 20 percent increase YoY, EBITDA grew 16 percent to INR 17.60 billion, while profit after tax rose 15 percent to INR 15.73 billion.
During the quarter, Royal Enfield sold 376,722 motorcycles, a 15 percent YoY growth. The company also introduced the Himalayan 440, the Classic 350 Gorkha Edition and expanded the Flying Flea C6 electric motorcycle across European cities including Paris, Barcelona, Rome, Berlin, and London, alongside ranking first in the two-wheeler category in the 2026 Federation of Automobile Dealers Associations Dealer Satisfaction Survey.
On the other hand, VE Commercial Vehicles (VECV) reported revenue of INR 75.69 billion, up 24 percent, with EBITDA rising 23 percent to INR 5.88 billion and profit after tax reaching INR 3.42 billion on sales of 28,071 units, representing a 28.2 percent increase.
B Govindarajan, Managing Director, Eicher Motors and CEO, Royal Enfield, said, “Q2 of FY27 has been the best-ever quarter for Eicher Motors, with both Royal Enfield and VECV delivering solid performances. At Royal Enfield, the robust demand across domestic and key international markets drove our highest-ever quarterly and festive wholesales across September and October. This reflects the strength of our portfolio and growing affinity for the brand, even as market conditions continue to evolve. During the quarter we launched the Himalayan 440, which received exceptional demand, and introduced the Classic 350 Gorkha Edition, along with several other portfolio refreshes. Our international markets continued to grow, supported by new launches and deeper engagement with riders. A significant milestone was the introduction of the Flying Flea C6, our first electric motorcycle, across five cities in Europe and the UK, building on its growing presence in India. Our community and culture engagements expanded in reach and format through initiatives such as One Ride where over 150,000 riders across 60 countries participated for the cause of Snow Leopard Conservation. Looking ahead, our focus remains on scaling up production to ensure inventory readiness and deepening our engagement with the community across the globe.”
B Srinivas, MD and CEO, VECV, said, “VECV achieved its best-ever Q2 sales, with 28,071 units sold, an increase of 28.2 percent. Our Engineering Components and Power Solutions divisions also delivered strong growth. The recently launched Pro X passed 5,000 cumulative sales, a sign of both its strong reception among customers and their confidence in the Eicher brand. Volvo Buses and Volvo Trucks maintained healthy delivery levels, as customers increasingly see the value of world-class solutions in India’s fast-modernising transport landscape. Revenue from operations rose 24 percent YoY and profit after tax grew 37 percent over the same period, a result that reflects disciplined execution that overcame supply chain challenges and inflation pressures linked to the lingering West-Asian crisis. During the quarter, we reaffirmed our commitment to deliver industry-leading uptime to Eicher truck and bus customers with the inauguration of our state-of-the-art Uptime Next Center in Pithampur.”
TVS Motor Co’s Gaurav Gupta Resigns
- By MT Bureau
- November 13, 2026
Chennai-headquartered two-wheeler and three-wheeler company TVS Motor Company has announced a reshuffle in its senior leadership team.
Gaurav Gupta, President of India Two-Wheeler Business and Senior Management Personnel at TVS Motor Company, has resigned from his position, effective at the close of business on 24 December 2026, to pursue an external opportunity.
Concurrently, the company announced organisational changes effective 20 November 2026. Aniruddha Haldar, currently Senior Vice-President and Business Head for Commuter Mobility and Head of Corporate Brand and Media, will assume the expanded role of Senior Vice-President for People Mobility within the India Two-Wheeler Business.
A Rajkumar will continue as Senior Vice-President for Business Planning while taking on leadership of special projects in the Asian overseas business.
Madhu Prakash Singh, Vice-President for International Business, will expand his portfolio to include New Mobility Programmes alongside his mandate for the International Commuter Mobility Business.
Sheikh Mohammed Imran, Associate Vice-President for Retail Transformation in India, will additionally lead Retail Transformation for International Business to oversee retail capabilities across global markets.
BMW Motorrad India Launches F 450 GS Sport Variant At INR 590,000
- By MT Bureau
- November 06, 2026
BMW Motorrad India has introduced the 'Sport' variant of the BMW F 450 GS adventure motorcycle in India, priced at INR 590,000 (ex-showroom).
The BMW F 450 GS Sport features Racing Red paintwork, a clear Rallye windscreen, black hand protectors, off-road footrests, and a plastic engine guard. Technical and equipment additions to the Sport variant include Sport Suspension, Gear Shift Assistant Pro, and Riding Modes Pro.
The motorcycle is powered by a newly developed two-cylinder inline engine generating 48 hp and 43 Nm of torque. Standard electronic assistance systems and hardware include ABS Pro, Dynamic Traction Control, Dynamic Brake Control, Engine Drag Control, and a 6.5-inch TFT instrument display operated via a multi-controller interface.
Financing solutions offered through BMW India Financial Services include monthly instalments starting at INR 9,999. The motorcycle comes with a standard warranty covering three years with unlimited kilometres, with options to extend coverage to a fourth and fifth year alongside 24x7 roadside assistance.
Hero MotoCorp Launches Xtreme 125R Stealth Edition With TFT Instrument Cluster At INR 116,250
- By MT Bureau
- November 06, 2026
Hero MotoCorp, the world’s largest two-wheeler manufacturer, has launched the Xtreme 125R Stealth Edition with TFT, introducing technology and safety features to its sporty 125cc motorcycle segment. The model is available across Hero MotoCorp dealerships nationwide at a price of INR 116,250 (ex-showroom, pan-India).
The new variant incorporates a 4.2-inch TFT instrument display with Bluetooth connectivity, integrating turn-by-turn navigation, call and SMS notifications and music playback controls.
The motorcycle features a Tyre Pressure Monitoring System (TPMS) providing real-time pressure readouts and system alerts, marking the introduction of the technology to the 125cc motorcycle category. Visual updates include coloured alloy wheels and a Midnight Black paint finish with Pearl Red accents. The model retains its existing mechanical specifications, featuring dual-channel ABS, cruise control, and three selectable riding modes comprising Rain, Road, and Sport.
Ashutosh Varma, CBO – India Business Unit, Hero MotoCorp, said, "The sporty 125cc segment continues to evolve rapidly, driven by young customers who seek motorcycles that reflect their aspirations—not just through performance and design, but also through advanced technology. The Xtreme 125R has already established itself as a benchmark in the category by bringing premium engineering and segment-leading features. The new Stealth Edition with TFT, further raises the bar by making connected technology and intelligent safety features even more accessible while creating lasting value for our customers and empowering them to truly Live Xtreme."

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