Business Standard

TVS Motor Company Ltd News

TVS to invest 200 mn pounds in Norton Motorcycles; India launch on plan

The Solihull, UK-based company seeks to expand in the US, Germany, France, Italy, and India, TVS said

TVS to invest 200 mn pounds in Norton Motorcycles; India launch on plan
Updated On : 17 Jul 2024 | 4:54 PM IST

Affordable models take Bajaj, TVS closer to Ola Electric in e2W market

In July, their combined share surges past Ola's

Affordable models take Bajaj, TVS closer to Ola Electric in e2W market
Updated On : 13 Jul 2024 | 12:04 AM IST

After launch of Bajaj Freedom 125, TVS may roll out its own CNG bike

The CNG fuel option in the commuter segment offers a reduced fuel bill for the consumer

After launch of Bajaj Freedom 125, TVS may roll out its own CNG bike
Updated On : 10 Jul 2024 | 7:50 PM IST

TVS Motor unveils Apache RTR 160 Racing Edition, priced at Rs 128,000

Two- and three-wheeler maker TVS Motor Company on Wednesday widened its product portfolio with the launch of its popular motorcycle TVS Apache 2024 RTR 160 Racing Edition at Rs 1.28 lakh (ex-showroom Delhi). Equipped with a host of features, the motorcycle comes with an exclusive matte black colour, red alloy wheels, three ride modes -- sport, urban and rain, digital Liquid Crystal Display (LCD) cluster and LED head and tail lamps, among others. "The TVS Apache series has consistently led the way in innovation, and bringing state-of-the-art technology to enthusiasts. With a robust community of 5.5 million TVS Apache riders worldwide, the launch underscores the company's dedication to delivering aspirational products that reflect TVS Motor's racing heritage and engineering excellence," company head, Business - Premium, Vimal Sumbly said in a press release. "..the all new 2024 TVS Apache RTR 160 Racing Edition is ready to set new standards in its segment, offering unmatched performanc

TVS Motor unveils Apache RTR 160 Racing Edition, priced at Rs 128,000
Updated On : 10 Jul 2024 | 3:44 PM IST

TVS Motor stock gains on launching 2024 Apache RTR 160-racing edition

The 2024 TVS Apache RTR 160 Racing Edition will be offered at an ex-showroom price of Rs 1,28,720 in Delhi

TVS Motor stock gains on launching 2024 Apache RTR 160-racing edition
Updated On : 10 Jul 2024 | 2:04 PM IST

TVS Motor recalls select units of iQube electric two-wheeler for inspection

TVS Motor Company on Friday said it is recalling a select set of iQube electric two-wheeler units for a "proactive inspection". The company will inspect the bridge tube of units that were manufactured between July 10, 2023 and September 9, 2023 to ensure that the vehicle's ride handling is good over extended usage, it said in a statement. The company will also carry out any rectification, if required, on affected scooters at zero cost to the customer, it added. The company or its dealer partners will individually contact customers, TVS Motor said.

TVS Motor recalls select units of iQube electric two-wheeler for inspection
Updated On : 07 Jun 2024 | 11:33 PM IST

5 stocks with long buildup: AU SFB, Marico, TVS Motor may surge up to 22%

Aditya Birla Fashion, AU Small Finance Bank, Metropolis, Marico and TVS Motor have seen steady rise in stock price, backed by rise in open interest, thus indicating long buildup at these counters in t

5 stocks with long buildup: AU SFB, Marico, TVS Motor may surge up to 22%
Updated On : 07 Jun 2024 | 9:50 AM IST

Auto shares rally up to 9%; Bajaj, Hero MotoCorp, M&M, TVS hit record highs

Analysts expect the 2-wheeler industry to have a healthy growth in FY25

Auto shares rally up to 9%; Bajaj, Hero MotoCorp, M&M, TVS hit record highs
Updated On : 05 Jun 2024 | 1:02 PM IST

M&M, Bajaj Auto: Nomura's preferred picks ahead of May sales data

May auto sales preview: Nomura analysts expect passenger vehicle (PV) wholesales to grow by 6 per cent on a year-on-year (Y-o-Y) basis to 355,000 units.

M&M, Bajaj Auto: Nomura's preferred picks ahead of May sales data
Updated On : 31 May 2024 | 10:54 AM IST

TVS Motor starts operations in Italy, to introduce range of scooters, bikes

TVS Motor Company Ltd on Wednesday said it has started its operations in Italy with plans to introduce a range of both conventional as well as electric scooters and motorcycles. The company is expanding its operations in Italy via its branch office, TVS Motor Italia, headed by Giovanni Notarbartolo di Furnari, TVS Motor Co said in a regulatory filing. Furnari brings extensive experience from senior managerial roles in major automotive companies in Italy, Latin America, the UAE, and Europe, it added. "Our move into Italy is a strategic step towards our global ambitions," TVS Motor Co President, Head Group Strategy, Sharad Mohan Mishra said. The company will introduce its TVS Apache 310 Series bike, available in RR and RTR versions, that has been developed in collaboration with BMW. Other products lined up for the Italian market include TVS Ronin 250 - a 'modern-retro' lifestyle motorcycle; commuter bike TVS Raider; mid-range scooter TVS NTorq and scooter TVS Jupiter 125, along with

TVS Motor starts operations in Italy, to introduce range of scooters, bikes
Updated On : 15 May 2024 | 6:26 PM IST

TVS Motor launches new TVS iQube e-scooter; price starts from Rs 94,999

Two and three-wheeler maker TVS Motor has rolled out a new range of its popular electric scooter, TVS iQube, widening its product portfolio, the company said. With the launch of new variants, the TVS iQube portfolio begins at an introductory price of Rs 94,999 ex-showroom, the company said. The TVS iQube is now available in 3 battery options -- 2.2 kWh, 3.4kWh and 5.1 kWh, being the largest battery pack in the segment. The company is ready to deliver TVS iQube ST to customers, TVS Motor Company said. As a frontrunner in sustainable mobility solutions, TVS Motor Company reaffirms its commitment to the EV segment with trustworthy, innovative and delightful products. Furthering this vision and in an endeavour to making EV accessible to all, with new 2.2kWh battery variant, TVS iQube series now starts at an introductory effective ex-showroom price of Rs 94,999 which will further help reduce the total cost of ownership for the customers, the city-based company said in a statement on ..

TVS Motor launches new TVS iQube e-scooter; price starts from Rs 94,999
Updated On : 14 May 2024 | 10:51 AM IST

TVS Motor expects 25-30% of 2-wheeler sales to come from EVs: MD Sudarshan

TVS Motor Company expects electric vehicles to account for 25-30 per cent of its total two-wheeler sales in the next two to three years, according to Managing Director Sudarshan Venu. The company, which had earlier this year reiterated its commitment to invest Rs 5,000 crore towards design, development and deployment of future technologies, products, and digital capabilities, is betting big on electric mobility and may even look at electric bicycle and cargo three-wheelers, to have a full range of products. "EV sales will only go up...We believe that 25-30 per cent of TVS' (two-wheeler) sales will be EV (electric vehicles) in two to three years' time. We are investing to embrace that future and to launch exciting and aspirational products that will delight customers to buy them," Venu told PTI. In FY24, the company's EV sales grew by 101 per cent at 1.94 lakh units as against 97,000 units during 2022-23. TVS sold 19.9 lakh units of motorcycles and 15.7 lakh scooters in FY24. Venu s

TVS Motor expects 25-30% of 2-wheeler sales to come from EVs: MD Sudarshan
Updated On : 10 May 2024 | 12:27 AM IST

Auto index hits new high in weak market; TVS Motor, Hero MotoCorp surge 6%

Auto stocks: Thus far in the calendar year 2024, the BSE Auto index has rallied 23 per cent as against 1.1 per cent gain in the S&P BSE Sensex

Auto index hits new high in weak market; TVS Motor, Hero MotoCorp surge 6%
Updated On : 09 May 2024 | 1:31 PM IST

TVS Motor stock rises 6% after Q4 results meet street estimates

TVS Motor's profit zoomed 18.3 per cent on a year-on-year (Y-o-Y) basis to Rs 485.4 crore in March quarter of financial year 2024 (Q4FY24), from Rs 410 crore in the same quarter a year ago (Q4FY23)

TVS Motor stock rises 6% after Q4 results meet street estimates
Updated On : 09 May 2024 | 12:51 PM IST

TVS Motor Q4 result: Net profit up 15% to Rs 387 cr, revenue jumps 25%

TVS Motor Q4 result: The company's revenue from operations jumped to Rs 10,042 crore in Q4FY24 compared with Rs 8,031 crore in the fourth quarter of FY23

TVS Motor Q4 result: Net profit up 15% to Rs 387 cr, revenue jumps 25%
Updated On : 08 May 2024 | 5:56 PM IST

TVS Motor sales rise 25% to 383,615 units in Apr, Motorcycle sales up 24%

TVS Motor, which manufactures two-wheeler and three-wheeler vehicles, has registered a 25 per cent growth in sales in April, having sold 3,83,615 units this year compared to 3,06,224 units during the same month last year, the company said on Wednesday. Sales of total two-wheelers made in April this year went up by 27 per cent to 3,74,592 units, from 2,94,786 units sold in April 2023. Sales of two-wheelers in the domestic market also grew by 29 per cent to 3,01,449 units in April this year compared to 2,32,956 units sales made in same month of last year. Motorcycle sales recorded a growth of 24 per cent in April 2024 at 1,88,110 units, from 1,52,365 units retailed in April 2023. Sales of scooters in April 2024 grew by 34 per cent to 1,44,126 units as against 1,07,496 units made in April 2023. Meanwhile, sales of three-wheelers in April declined to 9,023 units compared to 11,438 units sold in the same month last year. In the electric vehicle business, sales surged to 17,403 units in

TVS Motor sales rise 25% to 383,615 units in Apr, Motorcycle sales up 24%
Updated On : 01 May 2024 | 5:47 PM IST

Auto, tyre shares on a roll; Nifty Auto, M&M scale new highs; here's why

Auto, tyre stock update: Shares of auto and tyre makers rallied up to 5 per cent in intra-day deals on Tuesday, lifting the Nifty Auto index to a new all-time high on upbeat outlook.

Auto, tyre shares on a roll; Nifty Auto, M&M scale new highs; here's why
Updated On : 30 Apr 2024 | 11:51 AM IST

Ola Impact: TVS Motor stock price can slide up to 14%, suggests chart

Among others, Bajaj Auto stock may slip up to 5 per cent, while Aether Industries is expected to trade on a range-bound note, technical charts indicate.

Ola Impact: TVS Motor stock price can slide up to 14%, suggests chart
Updated On : 16 Apr 2024 | 10:55 AM IST

TVS chairman emeritus Venu Srinivasan's family members ink non-compete pact

Family members of Chairman Emeritus of TVS Motor Company Venu Srinivasan have entered into an understanding to avoid competition and the usage of certain trademarks, including TVS, in defined business areas, the company said on Friday. A Memorandum of Understanding (MoU) was executed on March 21, 2024, by Venu Srinivasan, Chairman and Managing Director of TAFE - Tractors and Farm Equipment Ltd Mallika Srinivasan, Director of TVS Motor Co and Deputy Managing Director of TAFE Motors and Tractors Ltd Dr Lakshmi Venu, and Sudarshan Venu, Managing Director of TVS Motor Co. The company is not a party to this MoU, the TVS Motor Company said in a regulatory filing. Lakshmi Venu and Sudarshan Venu are children of Venu and Mallika Srinivasan. Under the MoU, Sudarshan Venu has agreed that he and persons controlled by him shall not use certain trademarks, including TVS, in relation to certain businesses including design, manufacturing and supply of aluminium and magnesium die castings or machi

TVS chairman emeritus Venu Srinivasan's family members ink non-compete pact
Updated On : 23 Mar 2024 | 7:01 AM IST

Stocks to Watch on March 21: Wipro, TVS Motor, Torrent Power, RVNL, Krystal

Stocks to Watch on March 21, 2024: Exicom Tele-Systems, Platinum Industries will release their Q3 results today

Stocks to Watch on March 21: Wipro, TVS Motor, Torrent Power, RVNL, Krystal
Updated On : 21 Mar 2024 | 8:02 AM IST