Page 23 - Tvs Motor

Two-wheeler major TVS Motor's sales jump 26% in Oct to 398,427 units

Motorcycle sales have seen a growth of 20% to 150,429 units, from 125,409 units in Oct 2017

TVS Motor expands portfolio in Argentina, unveils super premium bikes

Firm appoints exclusive distributor; its products are being assembled in the industrial park of Tigre, and sold through a network of over 100 dealers across the country

TVS Motor Company appoints K N Radhakrishnan as its director and CEO

In 2004, Radhakrishnan was promoted as Executive Vice President of TVS Motor and in 2008 became its President

TVS Motor: Sept sales moderate, expect volume uptick during Diwali season

The company is banking on a strong portfolio and rural growth to outperform the sector

TVS Motor's Q2 net profit sees marginal decline; total income rises 22%

During the quarter ended September 30, 2018, the overall two-wheeler sales of the Company including exports grew by 13.6% to 1.05 mn units from 0.92 mn units in the Q2FY18

TVS teams up with Torino Motors; will open 40 two-wheeler stores in Mexico

In the first year of the association, Torino Motors will work with TVS Motor to open 40 exclusive stores in the country for the distribution of two-wheelers

TVS Motor launches new TVS Radeon, to address rural commuter demand

The new 110cc motorcycle will expand the company's offerings in the segment

TVS Motor pumps additional Rs 60 million into e-vehicle firm Ultraviolette

The additional investment will be deployed for continued product engineering and further expansion of Ultraviolette Automotive's core R&D team and facility

For now, TVS will focus on BS-VI and not electric: Venu Srinivasan

Expects two-wheeler industry to grow by 10 % in 2018-19

TVS Motor Q1 profit up 13% on higher sales, but falls short of estimates

Overall two-wheeler sales, including exports, rose 14% with motorcycle sales outpacing scooter sales

TVS Motor: Higher volumes, premium launches seen as key drivers of earnings

A key trigger for the stock is the premiumisation of its portfolio

TVS Motor: Double-digit margin still a dream

Operating profit margins at 7% way below estimates

TVS Motor Company Q4 profit misses expectations, rises 31% to Rs 1.66 bn

The company's total exports grew by 45.3 per cent to 1.61 lakh units in the fourth quarter of 2017-18 as compared to 1.11 lakh units in the year-ago period

TVS NTORQ 125cc scooter launched, price in India pegged at Rs 58,750

Scooter has a fully-digital instrument cluster and smartphone connectivity; its aggressive pricing could give it an egde over competition

TVS buys 14.8% stake in electric two-wheeler firm Ultraviolette for Rs 5 cr

TVS Motor has acquired a minority stake in Bengaluru-based electric two-wheeler and energy infrastucture start up Ultraviolette Automotive Pvt Ltd.The company will acquire 14.78 per cent stake, or 6750 equity shares of Rs 10 each for Rs 7409 per share. The total cost of acquisition would be around Rs 5 crore, according to a company filing with the exchanges. Ultraviolette, founded on December 18, 2015, is aiming to build an ecosystem that addresses the transportation needs of an urban environment. According to reports, it is into designing and developing a motorcycle and battery packs, which could have modern premium looks. It has reported a total revenud of Rs 3.21 lakh in 2016-17, shooting up from Rs 31,570 in 2015-16.The investment comes in line with the automakers' efforts to bring in clean energy technology to substitute the traditional fuels amidst growing concerns over a depleting environmental health. It may be noted that in October 2016, Hero MotoCorp has acquired 26-30 per ..

TVS Motor scores on volumes, market share

Cost control initiatives should improve margins

TVS revs up on the premium track

The company sharpens the pitch on design and style to get a grip on the high-end bike market, hopes to leverage its alliance with BMW

TVS Motor profit up 20%, co declares interim dividend

The two-wheeler majors margin was 8.7 per cent, which was higher than the market estimate

TVS Motor in the fast lane

The TVS Motor stock has been hitting successive 52-week highs on strong volume performance in September and market share gains in the two wheeler space. In addition to the sales, the company is expected to post strong September quarter results. And, the road ahead, too, is looking good. Volumes in September month for TVS Motor were up 23 per cent year-on-year, led by a 43 per cent increase in scooter despatches. Scooters account for 34 per cent of the company's volumes currently. The increasing scooterisation being witnessed by the industry is expected to help TVS gain on the volumes and market share fronts. Share of scooters in two wheeler industry's volumes increased by 400 basis points year-on-year to 34 per cent in the June quarter led by the southern region. Scooters now account for 45 per cent of two wheeler sales in this region. For TVS Motor, its market share in the scooter segment increased by 50 basis points year-on-year to 13.8 per cent. The scooter portfolio of TVS ...

TVS Motor acquires entire stake of TVS MS

The move will make TVS Credit Services, an NBFC, its subsidiary