TVS Motor Company on Tuesday reported sales of 1,66,889 units in May, down 30 per cent from 2,38,983 units sold in April this year
Robert Hentschel named CEO of the Solihull-based motorcycle brand; Vittorio Urciuoli takes over as CTO
Stock trading at 74% premium to Hero at valuation of 24.5x its FY23 earnings
This came on the back of robust sales in the domestic and international markets.
Cumulative sales in March at the top five two-wheeler makers soared 75% to 1,421,600 units during the month against 808,692 units a year ago
With the acquisition of Mahindra First Choice, the subsidiary is driving its pan-India presence with tech solutions and tie-ups
Venu Srinivasan says Speth, an industry veteran, will mentor company in its international plans.
Entities controlled by various members of the TVS family may have executed, or will execute, similar deeds of adherence to become parties of the brand agreement.
By setting up massive capacities in a limited market against entrenched competition, founder Bhavish Aggarwal has his work cut out proving the sceptics wrong
Improving product mix and rising exports to aid margins
Chennai-based TVS Motor Company on Wednesday launched the 2021 edition of its motorcycle model Apache RTR 160 4V with price starting at Rs 1,07,270 (ex-showroom Delhi)
Scooter sales of the firm grew 56% to 95,525 units in February 2021 as against 60,633 units a year ago
2,000 sq ft marquee showroom to host range of two-wheelers, provide spare parts and feature a service facility; TVS to launch new 2021 TVS Apache RR 310 super-premium bike for racers
Family agreement in December spelled shareholding on families that run the $8.5 billion group.
Altizon Inc specialises in industrial internet of things for manufacturing units, deal will help drive digital transformation at TVS
Robust 56% spike in two-wheeler exports despite shortage of containers
TVS Motor Company on Thursday reported a 84.7 per cent increase in consolidated net profit at Rs 289.69 crore for the third quarter ended December, riding on the back of higher sales
On the outlook, he said, the company will invest around Rs 500 crore in Fiscal 2022 in product development, technology, marketing, international expansion among others
InterGlobe Aviation reported a net loss of Rs 620 crore in the third quarter of pandemic-struck 2020-21 financial year
During the nine-month period, focused working capital management and improved operating performance helped the Company generate free cash flow of Rs 1,616 crore