Page 10 - Tvs Motor

Tamil Nadu campaign to celebrate state's business titans, industrial legacy

Corporate leaders to speak about their companies in campaign curated by CII

Two wheeler year-end discounts flat, riding on inventory liquidation

The recent festive season saw robust growth in two-wheeler sales, reaching 2,893,107 units, marking a 20.71 per cent increase compared to the previous year

TVS Motor says aiming for bigger market share in premium motorbike segment

Two and three-wheeler manufacturer TVS Motor is aiming to capture a bigger market share in the premium motorcycle segment, an official of the company said on Wednesday. The company enjoys the number two position in the premium motorbike segment in India, which is growing at 10 per cent at present, he said. Motorcycles having an engine displacement of 150 cc and above are categorised in the premium segment. "We enjoy the number two position in the premium segment in the Indian motorcycle market. We aim to have a bigger market share in this category," Vimal Sumbly, head (premium business) of TVS Motor said. Launching the TVS Apache RTR 310 in Kolkata, Sumbly said the company now offers premium motorcycles ranging from 160 cc to 310 cc displacements. "Our aim is to increase the volume of the premium motorcycle segment in the country. Now premiumisation in the motorcycle segment is taking place at a faster pace with improvement in infrastructure and rise in disposable incomes," he tol

TVS Motor launches new variant TVS Apache RTR 160 4V at Rs 1.34 lakh

Two and three-wheeler manufacturer TVS Motor has launched the TVS Apache 160 4V motorcycle equipped with Dual Channel ABS and Voice Assist, widening its product portfolio. The new bike, priced at Rs 1,34,990 (ex-showroom Tamil Nadu) was in line with TVS Motor's commitment to safety while experiencing the joy of riding a motorcycle. The bike was launched at the third edition of TVS Motosoul - the flagship motorcycle festival by TVS Motor in Goa. The occasion also marked the extension of TVS Motor and Petronas' collaboration for the next season. "The focus of the partnership will also be on introducing co-branded merchandise that aligns with the values and identity of both the brands.", a company statement said. TVS Motor Company entered into a partnership with Petronas in 2022 and has completed two seasons with 80 per cent wins across different race formats. The partnership would also focus on introducing co-branded merchandise. "TVS Motosoul is a platform that offers a complete

TVS Motor donates Rs 3 crore for cyclone relief work in Tamil Nadu

TVS Motor Company on Saturday said it has donated Rs 3 crore to the Chief Minister's Relief Fund to aid relief work in the wake of flooding and damage caused by cyclone Michaung in Tamil Nadu. The money will be used to provide necessary flood relief and support for the communities that have been badly affected by the cyclone, the company said in a statement. "The floods have unleashed severe hardship on the community, and we would like to do our part to support the community," TVS Motor Co Managing Director Sudarshan Venu said. The company said it will also offer additional service support for its customers in the flood-hit districts of Tamil Nadu.

TVS Motor Company joins hands with Emil Frey for key European markets

This partnership signifies a significant step towards global expansion for TVS Motor Company, leveraging Emil Frey's extensive distribution network and deep market insights in Europe

TVS Motor posts 21% increase in total dispatches at 4,34,714 units

TVS Motor Company on Wednesday reported a 21 per cent increase in total dispatches to 4,34,714 units in October, its highest-ever monthly sales. The company sold 3,60,288 units in October last year, TVS Motor Company said in a statement. Two-wheeler sales were at 4,20,610 units in October as against 3,44,630 units in the year-ago period, up 22 per cent, it added. Domestic two-wheeler sales grew 25 per cent to 344,957 units in October as against 2,75,934 units a year ago. Motorcycles posted a growth of 23 per cent at 2,01,965 units last month, up from 1,64,568 units in October 2022, while scooter clocked 1,65,135 units as against 1,35,190 units, an increase of 22 per cent. TVS Motor Co said it sold 20,153 units of iQube electric scooter in October 2023 as against sales of 8,103 units in the same month last year. Three-wheeler sales were down to 14,104 units last month as compared to 15,658 units, it added. Total exports registered a growth of 6 per cent at 87,952 units in October

e2W registration: Share of top 4 races to 90% in Oct from 72% in January

In June, e2W registrations declined to 44,000 as companies increased the prices of their models

Stocks to Watch: TVS Motor, RIL, Tata Motors, Marico, DLF, Triveni Eng, P&G

Stocks to watch on October 31, 2023: Reliance Jio has made a contrarian call vis-a-vis competitors by deciding not to raise the 5G tariff, which is currently at the same level as 4G

TVS Motor posts marginal rise in Q2 consolidated net profit to Rs 386 crore

During the quarter under review, the company's revenue from operations increased by 16 per cent to Rs 9,932.82 crore as against Rs 8,560.76 crore in the July to September quarter of FY23

TVS Motor onboards ION Mobility to enter sports scooter sector in Indonesia

TVS Motor Company on Wednesday announced it is extending collaboration with Singapore-based tech startup ION Mobility for its entry in the sports scooter segment in Indonesia. The entry will be through Project Dynamo, ION Mobility's conceptual adaptation of TVS Motor's premium flagship crossover electric two-wheeler TVS X. The two partners will deepen their collaboration through Project Dynamo, which began in February 2023 after TVS Motor led ION Mobility's USD 18.7-million Series A funding as a strategic investor. "After successfully introducing its M1-S electric motorcycle, ION Mobility will enter the sports scooter market segment by unveiling Project Dynamo at the Indonesia Motorcycle Show," TVS Motor said in a release. The five-day Indonesia Motorcycle Show (IMOS) commences on Wednesday in Jakarta. Through this project, ION aims to capture the needs of Indonesian riders who prioritise performance and speed while improving upon the advantages of efficient and environment-friend

TVS Motor, BMW commence production of first electric bike CE 02 at TN plant

The factory located about 70 kms from Bengaluru, was engaged in the production of vehicles co-developed by the two auto companies

TVS September sales: Total sales up 6% at 402,553 units; exports up 8% YoY

Motorcycle sales for the company went up 10 per cent with TVS selling 169,322 units in September 2022 to 186,438 units in September 2023

TVS Motor announces India's first racing tournament for electric 2-wheelers

Event will be exclusively for company's Apache RTE motorcycles that will make debut

TVS Motor Aug sales: 2W sales up 5% to 332,110 units, overall sales up 4%

Motorcycles registered sales of 153,047 units in August 2023 as against 157,118 units for the same period last year

TVS Motor revs up with strong outlook, market share gains, new launches

Two-wheeler company's margin gains among factors that should be monitored: Analysts

Stocks to Watch: Reliance, Coforge, GAIL, Vascon, Sugar stocks, P&G Health

Stocks to Watch on August 24, 2023: Coforge promoter Hulst BV is looking to offload its entire 26.63% stake in the firm via a block deal; India may ban sugar exports for the first time in 7 years

Govt tells Ola, Hero Moto, TVS, Ather to pay customers Rs 278 cr by Nov

Move underscores Centre's resolve to ensure compliance with subsidy norms and protect interests of consumers

IT, HDFC Bank, M&M send Sensex 202 pts down; Adani Ent gains 4%, RIL 1%

Stock Market LIVE: IT pocket led losses on the Sensex with HCL Tech, TCS, Wipro, Tech M and Infosys falling up to 1.2 per cent

TVS Supply Chain public issue on August 10, price band set at Rs 187-197

The total issue size is set at Rs 880 crore, including fresh issue aggregates up to Rs 600 crore, and an offer for sale of 14.23 million equity shares