The evolution of wheels led to the revolution in the field of transportation. Centuries later much has changed. Today the scene is completely different. The word ‘automobile’ is a next big thing. Automobile industry has grown on a large scale. Automobile industry comprises of two-wheeler, three wheeler and four-wheelers.
Two wheelers section is of three types: scooters, mopeds and motorcycles. Scooters provide quick and easy transportation. It rules the heart of Indian masses and comprises of the major part of transportation. Its popularity can be attributed to affordability and easy maneuvering on the jam packed Indian roads. Bajaj Chetak, Honda Eterno, Kinetic Blaze and LML Select II are some of the long list of scooters available.
Modes or scooterettes are light weight and easy to drive- tailor made to satisfy the needs of working women and college-going-girls. The Automobile Products in India (API) first started the manufacturer of mopeds from 1955. It constitute about one-fourth share in the Indian two wheeler industry. TVS Scooty, Yo Smart, Kinetic Zing are some of the popular mopeds running on the roads.
Motorcycle rules the heart of the youth in India. There are several two-wheeler companies like the Yamaha, Kawasaki and Hero Honda that are ruling and the automobile market. Today, it the major segment of the Indian two-wheeler industry and shares the major percentage of the two-wheeler industry, followed by mopeds and scooters.
Three wheelers are the economical way of manufacturing, especially, in the developing countries. They are used greatly due to their easy maneuvering capabilities across the narrow lanes. Bajaj Auto and Piaggio are the leading three-wheeler manufacturers the Southeast Asian nations.
Cars rule the four wheelers sections in the auto industry. Nowadays cars are the status symbol. A car decides the worth of a person. Various big automobile industries are spurting in Japan, Korea, US and UK and expanding their niches to all over the world. The collaboration between giants is turning bigger with each passing day. The range of the cars varies from luxury cars to small cars and SUVs (sports utility vehicles) to MUV’s (multi utility vehicles). Famous four-wheeler industry includes Maruti, Tata, Hyundai, General Motors, Mercedes, Chevrolet, Audi and the list is endless.
For the automobile aficionados, the dream to drive on a swanky ad speedy motorcycle or a luxury car is possible. Buyers can take the car loan or bike loan, to drive their dream mean-machine. There are bike insurances, car insurances and even three-wheeler insurances, which provide the necessary coverage against the unforeseen incident or accidents.
Bike insurance minimizes risks and provides coverage for damages and injuries. Without insurance, the vehicle is left with serious damages. But with the help an insurance policy, bike owner can claim for compensation. It covers the cost of damage done to the vehicle.
