| TVS Motor Company Related news |
TVS Sport sets a new record for ‘highest fuel efficiency on a motorcycle ‘at 76.4 kpl
Posted on 7th September 2019 |
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TVS Motor Company has announced that its 100cc motorcycle, TVS Sport, has set a new record of the ‘highest fuel efficiency delivered by a motorcycle on the Golden Quadrilateral’ in the India Book of Records and Asia Book of Records. “This feat was achieved by Pavitra Patro who completed the Golden Quadrilateral, and chose TVS Sport to complete this record. The ride saw Pavitra traverse 6,377-km across the country to achieve the record with an on-road mileage of 76.4kpl,” the company said in a statement. |
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TVS Motor's Singapore arm invests USD 3.2 mn in analytics firm Predictronics
Posted on 17th August 2019 |
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New Delhi: TVS Motor Company on Saturday said its Singapore arm has invested USD 3.2 million in US-based Predictronics Corporation which specialises in providing end-to-end predictive maintenance analytics solutions. TVS Motor (Singapore) Pte Ltd, a wholly owned subsidiary, has signed definitive agreements with Predictronics Corporation, a US corporation, headquartered in Cincinnati, Ohio, the company said in a statement. |
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Bajaj Auto, TVS Motor offer zero-interest loans to woo customers
Posted on 6th August 2019 |
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With sales subdued and inventory with dealers piling up, two-wheeler makers like Bajaj Auto and TVS Motor have started facilitating zero-interest loans in select states to woo buyers. Meanwhile, Hero MotoCorp has dropped the interest on loans to 7% from the prevailing 10-12%. Manufacturers are offering these soft loans via their finance arms — TVS Credit, Hero FinCorp and Bajaj Auto Finance. The offer is currently available in some markets. |
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TVS Motor July sales down 13 pc at 2,79,465 units
Posted on 1st August 2019 |
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New Delhi: TVS Motor Co Thursday reported 12.98 per cent decline in total sales at 2,79,465 units in July. The company, which makes two-wheelers and three-wheelers, had sold 3,21,179 units in the same month last year, TVS Motor Co said in a statement. Total two-wheeler sales during the month stood at 2,65,679 units as against 3,07,856 units in July 2018, down 13.7 per cent. |
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Bajaj Auto, TVS Motor reduce prices to combat subdued sales
Posted on 24th July 2019 |
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In an effort to combat subdued sales, Bajaj Auto and TVS Motor Co are taking measures like trimming prices by anywhere between Rs 500 and Rs 2,000 on some products. For their part, some dealers are also sacrificing a part of their margins. Prices of two-wheelers have risen over the past year on several counts, including higher insurance costs and because vehicles needed to fitted with anti-lock braking systems from April 1, 2019. |
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TVS Motor hits over two-year low on weak Q1 results
Posted on 23rd July 2019 |
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Shares of TVS Motor Company hit an over two-year low of Rs 361, down 5 per cent in Tuesday's early morning trade on the BSE after reporting a 3 per cent decline in net profit at Rs 142 crore for the first quarter of fiscal 2020 (Q1FY20), on muted volume, and higher depreciation, interest cost and tax rate. The stock hit its lowest level since January 3, 2017. |
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Pragmatic policy likely on electric two-wheelers in a few months: TVS Motor
Posted on 22nd July 2019 |
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TVS Motor Chairman and Managing Director Venu Srinivasan said on Monday that the industry is in talks with the government on NITI Aayog's proposal to switch over to electric vehicles by 2025 and hopes to see a pragmatic policy to come through the next few months. Asserting that hybrid vehicles would be a better option in terms of environment-friendliness, he told shareholders today that the company would be coming out with an electric two-wheeler in the near future. |
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TVS Motors unveils first ethanol-based bike, to be priced at Rs 1.2 lakh
Posted on 13th July 2019 |
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TVS Motor Company on Friday unveiled India’s first ethanol-based motorcycle — TVS Apache RTR 200 Fi E100 — even as there is no commercial fuel pump in the country selling ethanol-mixed fuel. The company plans to launch the vehicle at a price of Rs 1.2 lakh in Maharashtra, Uttar Pradesh and Karnataka ethanol being readily available in these states, though it is not for private consumption. |
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From Hero MotoCorp to TVS, two-wheeler sales remain in reverse gear
Posted on 3rd July 2019 |
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Reflecting the broad-based slowdown in consumption, two-wheeler sales in India for scooters and motorcycles, showed no signs of turning the corner in June, as most companies crimped dispatches to align demand to supply. Combined sales of top six makers skidded 11% to 1,608,395 units during the month over the same period a year ago, showed monthly sales data released by companies. |
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TVS Motor gets patent for rear fuel tank in scooters
Posted on 28th June 2019 |
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Chennai-based two-wheeler major TVS Motor has been granted a patent for the rear fuel tank for scooters, an innovation it spearheaded in the industry, to help riders easily perform refuelling without having to open the seat. The company is one of the auto firms that introduced the rear fuel tank for scooters with external filler cap in brands such as Wego, Jupiter and NTorq, bringing innovation to the conventional way of placing the fuel tank beneath the seat. |
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