Sales of passenger vehicles in the local market declined for the second straight month in August, on a high base, and with carmakers reducing dispatches to rationalise stocks at dealerships. According to industry estimates around 350,000-355,000 cars, sedans and utility vehicles were dispatched from factories to dealerships last month, which is a decline of 1.7-3% … Read more
The two-wheeler industry is expected to witness robust sales in the upcoming festive season, riding on the back of strong revival in rural demand and bountiful monsoon so far, according to TVS Motor Company Senior Vice President – Head Commuter Business Aniruddha Haldar. In an interaction with PTI, he noted that the growth in the … Read more
New Delhi: TVS Motor Company plans to expand the sales of its electric vehicles to both developing and developed markets, betting big on India’s potential to emerge as a major export hub for electric two-wheelers, according to Director and CEO KN Radhakrishnan. The company will leverage on its plant in Indonesia to cater to other … Read more
TVS Motor Company expects to grow faster than the competition across domestic and international markets this fiscal riding on the back of new product launches and strengthening of operations across key regions, according to CEO KN Radhakrishnan. He noted that in the domestic market, the company expects growth momentum to continue with normal monsoons likely … Read more
While Nifty ended with week-on-week gains of 0.7%, it was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 8,364 crore on screen, which included both buying and selling actions. In the largecap segment, 15 companies witnessed significant block deals on the screen … Read more
TVS Motor Company on Thursday reported a 9 per cent increase in total sales at 3,54,140 units in July as compared to 3,25,977 units in the same month last year. Total two-wheelers sales were at 3,39,676 units during the month under review against 3,12,307 units in July 2023, a growth of 9 per cent, TVS … Read more
British bike maker Norton Motorcycles, part of the TVS Motor Company, on Wednesday said it plans to launch six new products over the next three years with an eye on increasing sales through sales partners in the US, Germany, France, Italy and India. TVS Motor has committed 200 million pounds in new product development, facilities, … Read more
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 — … Read more
Passenger vehicle sales in India stayed in the slow lane for the third straight month in June mainly due to a high base and easing of post-pandemic pent-up demand. June sales rose 3.7% from a year earlier but fell marginally from May. As per industry estimates, 340,784 cars, sedans and utility vehicles were sold last … Read more
Indian market is expected to trade higher on Tuesday tracking positive global cues. The Nifty future closed negative with marginal losses of 0.08% at 23,001 levels on Monday. India VIX was down by 6.82% from 21.71 to 23.19 levels. On the options front, the maximum Call OI is placed at 23500 and then towards 23000 … Read more
