Yamaha Celebrates A Decade Of R3 Globally With Price Reduction For R3 And MT-03 Models
- By MT Bureau
- January 31, 2025
India Yamaha Motor (IYM) Pvt. Ltd. has announced a price reduction of up to INR 110,000 on its flagship models – the Yamaha R3 and MT-03 – with effect from 1 February 2025.
The new pricing of the Yamaha R3 is INR 359,900 (ex-showroom, Delhi), and it comes in two colour options: Yamaha Black and Icon Blue. The MT-03, on the other hand, is now priced at INR 349,900 (ex-showroom, Delhi) and is available in Midnight Cyan and Midnight Black colour variants. It is notable for its aggressive look and street performance. These models are currently offered at amazing pricing and are renowned for their exceptional performance and Yamaha's distinctive racing DNA. This pricing change demonstrates Yamaha's dedication to its clientele and the high-end motorcycle market as the company commemorates 10 years of the R3 legacy worldwide.
Because of its classic design, thrilling performance and track-oriented accuracy, the Yamaha R3 has developed a cult following among riding enthusiasts worldwide over the past decade. The R3 provides an exhilarating riding experience because to its lightweight diamond frame, aerodynamic design modelled after Yamaha's legendary YZR-M1 and potent 321-cc engine. It is the ideal partner for track and road aficionados because to its innovative braking system, athletic riding position and 50/50 weight distribution.
The aggressive design and torque-focused performance of the Yamaha MT-03, a hyper-naked streetfighter, make it stand out. With its mass-forward bodywork that accentuates its distinctive character, twin-eye LED headlamps and an upright riding stance, it is designed for agility and everyday use. The MT-03's small design and mono-cross rear suspension provide unparalleled manoeuvrability in city traffic, while its 321-cc engine, which powers the R3, ensures exhilarating acceleration and smooth performance.
TVS Motor Co Reports INR 13 Billion Net Profit For Q3 FY2026
- By MT Bureau
- January 28, 2026
TVS Motor Company, one of the leading two-wheeler and three-wheeler manufacturers, has reported its highest quarterly revenue and profits for Q3 FY2026.
The operating revenue grew by 37 percent to INR 124 billion, compared to INR 90 billion in the same quarter of the previous year. The company’s Operating EBITDA grew by 51 percent to INR 16 billion, achieving a margin of 13.1 percent, Profit before tax grew 57 percent to reach INR 13 billion.
The company achieved total sales of 1.54 million units across two-wheeler and three-wheeler segments, representing a 27 percent increase. Within this volume, motorcycle sales rose by 31 percent to 726,000 units, while scooter sales grew by 25 percent to 614,000 units. International two-wheeler business saw a 35 percent rise, reaching 366,000 units. Three-wheeler sales doubled to 60,000 units from 29,000 units in the previous year.
Electric vehicle (EV) sales reached a quarterly high of 106,000 units, a 40 percent increase over the 76,000 units sold in the quarter ended December 2024. For the cumulative nine-month period, operating revenue stood at INR 344.63 billion, a 29 percent growth. Profit after tax for the nine months reached INR 26.25 billion, as compared to INR 18.58 billion a year ago.
For 9-months of FY2026 sales volumes for two-wheelers and three-wheelers reached 4.32 million units, up from 3.52 million units. This included 2.01 million motorcycles and 1.75 million scooters. Cumulative EV sales for the nine months rose to 256,000 units. The company continues to expand its international presence, with nine-month export volumes exceeding 1 million units.
- India Yamaha Motor
- Yamaha Motor India Sales
- Yamaha Motor Research & Development India
- Yamaha Motor India
- Inagaki Junpei
- Hajime Aota
Yamaha Motor India Restructures to Consolidate Operations
- By MT Bureau
- January 28, 2026
India Yamaha Motor (IYM) has announced a restructuring initiative to reorganise its corporate framework. The company currently operates through four entities: India Yamaha Motor (IYM), Yamaha Motor India Sales (YMIS), Yamaha Motor Research & Development India (YMRI), and Yamaha Motor India (YMI). Under the plan, YMIS and YMI will consolidate into IYM.
The transition brings sales, marketing, finance, administration and manufacturing capabilities under one structure. YMRI will remain an independent entity focused on engineering and mobility solutions. The restructuring aims to simplify operations, strengthen governance, and remove redundancies across the organisation.
Hajime Aota, Chairman of the YMIG Group, will also serve as Managing Director of IYM. Inagaki Junpei remains Managing Director of YMRI to lead the company's technology agenda.
The Japanese company has stated that the transition will not impact customers, partners, or employees. The move is designed to unify manufacturing and corporate operations while maintaining a research and development engine.
Mr Hajime Aota, Chairman of YMIG Group and Managing Director of India Yamaha Motor, said, “This transition reflects our strong commitment to sustainable growth and value creation. By aligning our structure with our long-term vision, we are empowering our teams to innovate faster and respond to market needs with greater agility. India is a key pillar in Yamaha Motor’s global strategy, and this initiative will help us strengthen our brand further, deepen market penetration, and reach a wider customer base”.
Suzuki Motorcycle India To Host Suzuki Matsuri In Hyderabad
- By MT Bureau
- January 24, 2026
Suzuki Motorcycle India (SMIPL), one of the leading two-wheeler manufacturers in the country, will host its motorcycling festival, Suzuki Matsuri, in Hyderabad on 25 January 2026. The event is scheduled to take place at the Chicane Circuit in Shameerpet and serves as a community platform for two-wheeler owners and enthusiasts.
The festival features track experiences where attendees can test the Suzuki V-Strom SX on an urban enduro course and evaluate the Suzuki Avenis for agility. The company will also display its product portfolio, including scooters, motorcycles, and big bikes. A central feature of the event is the Suzuki e-Access, the brand's first electric two-wheeler, which will be available for test rides and on-the-spot bookings with retail finance and rental options.
The Hyderabad edition marks the production of 10 million units by SMIPL. The company will honour the owner of the 10 millionth vehicle, a Suzuki Access, during the celebrations. Off-track activities include stunt shows by professional riders on Suzuki big-bikes, interactions with influencers and art zones featuring helmet and caricature artists.
Registered participants can access free service check-ups for their Suzuki vehicles and purchase official merchandise. The event includes lucky draws and a social media contest for attendees. Music performances by Dharmik, Threeory Band and DJ Kim are scheduled throughout the day.
Deepak Mutreja, Vice-President – Sales, Marketing, Suzuki Motorcycle India, said, “Following successful editions in Delhi, Bengaluru and Mumbai that attracted over 10,000 participants, we are excited to bring Suzuki Matsuri to the City of Nizams. Hyderabad has been home to an enthusiastic and fast‑growing riding community, and Suzuki Matsuri is our way of celebrating this spirit together. With multiple on‑ground activities, rider engagements and immersive entertainment, we look forward to offering customers and fans an unforgettable festival experience that reflects the energy and excitement of the Suzuki brand.”
Yamaha Issues Recall For 306,635 Scooters In India
- By MT Bureau
- January 23, 2026
India Yamaha Motor (IYM) has initiated a voluntary recall of 306,635 units of its 125cc hybrid scooter models. The campaign affects the RayZR 125 Fi Hybrid and Fascino 125 Fi Hybrid models manufactured between 2 May 2024 and 3 September 2025. The action is effective immediately and focuses on addressing a technical issue identified in the braking system.
The recall was prompted by a concern regarding the front brake caliper, which may exhibit limited function under specific operating conditions in certain units. To rectify this, India Yamaha Motor said it will replace the component at no cost to the owners of the affected vehicles. The work will be carried out at Yamaha showrooms across the country.
Owners can check if their vehicle is part of the recall by visiting the India Yamaha Motor website. Under the service and maintenance section, users are required to enter their Chassis Number in the 'Scooter 125' category to confirm eligibility and view instructions for the replacement process.
The company stated that the recall is part of its commitment to product safety and quality. There are no reports in the announcement of incidents resulting from the identified brake caliper concern.
According to the official communication from India Yamaha Motor: "Customer safety remains Yamaha’s highest priority. This voluntary recall has been initiated to address a potential concern wherein it has been identified that, under certain operating conditions, the front brake caliper exhibits limited function in select units of the RayZR 125 Fi Hybrid and Fascino 125 Fi Hybrid scooter models".

Comments (0)
ADD COMMENT