Friday, April 1, 2011

TVS Motor Company posts 28% growth in March 2011

Cumulative sales grows 33%; crosses two million units

Hosur, April 1, 2011: Consistent contributions from all segments of the two and three wheeler industries during the current fiscal has enabled TVS Motor Company to achieve its stated guidance of two million in sales. The company registered an overall growth of 28% in the month of March 2011 with sales of 191,208 units as against 149,194 units in the same month of the previous year.
The company's cumulative sales grew 33% with sales of 2,046,668 units for the period April 2010 to March 2011 against 1,536,919 units registered in the previous comparable period.
Two Wheeler
Total two wheeler sales of the company grew by 27% recording sales of 186,781 units in March 2011 against 146,763 units registered in March 2010.
Cumulative two wheeler sales for the period April 2010 to March 2011 grew by 32% with sales of 2,006,808 units over 1,521,939 units in April to March 2010.
Domestic sales of the company increased by 28% registering sales of 162,719 units in March 2011 against 126,696 units reported in March 2010.
Scooter sales continued to impress, growing by 50% with sales of 42,655 units compared to 28,504 units recorded in March 2010. Motorcycles grew 24% accounting for sales of 79,642 units in March 2011 as against 64,147 units in March 2010.
Exports
Exports increased 31% over the same month of the previous year accounting for 26,979 units as against 20,585 units in the previous year. During the month, the company exported 24,062 units of two wheelers against 20,067 units in March 2010.
Three Wheeler
In March 2011, the company sold 4,427 units of three wheelers as against 2,431 units in the comparable month of the previous year. Cumulative three wheeler sales for the period April 2010 to March 2011 grew by 166% with sales of 39,860 units against 14,980 units.

Source-Tvs Motors

Saturday, March 12, 2011

TVS Apache RTR 180 ABS , Launched @ 79k

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LAUNCHED! TVS Apache RTR 180 ABS

Anti-lock Braking System makes its production debut on an Indian motorcycle.We've been waiting for the TVS Apache RTR 180 with ABS for a while now and it's finally here! TVS has gone and launched their flagship bike with Anti-lock Braking System. The bike will come priced at Rs 78,880, ex-showroom, New Delhi. The company has declared that this is only the introductory price of the motorcycle, so prices are subject to change, soon. The RTR 180 ABS comes at a premium of approximately Rs 9,000 over the regular 180.
The bike is available only in white colour and comes with differentiating orange decals.
TVS has also declared that if the bike is successful, they will come out with an ABS variant of the Apache RTR 160 as well. The company's plans for a 200cc + motorcycle also continue, but they haven't announced a timeline for it yet.
Source-Bsmotoring.com

Monday, March 7, 2011

TVS Motor clocks 24% growth in February 2011

Highest ever exports and 3 Wheeler Sales ; Scooters grow 49 %, Domestic Sales up 25%

Hosur, March 1, 2011: Significant growth from across all segments backed by strong contributions from scooters, buoyant exports and domestic sales has facilitated 24% growth in overall sales for TVS Motor Company during the month of February 2011. The company sold 177,412 units in February 2011 against 142,676 units in the same month of the previous year. The company's cumulative sales for the period April 2010 to February 2011 stood at 1,855,460 units.
Two Wheeler
Total two wheeler sales of the company recorded a growth of 23 % with sales of 173,200 units in February 2011 against 140,544 units reported in February 2010.
Cumulative two wheeler sales for the period April 2010 to February 2011 increased by 32% with sales of 1,820,027 units over 1,375,176 units in April to February 2010.
Domestic sales of the company grew by 25% with sales of 151,526 units in February 2011 against 121,403 units registered in February 2010.
Scooter sales continued to impress growing by 49% with sales of 40,335 units as against 27,017 units recorded in February 2010. Motorcycles grew by 13% growth accounting for sales of 71,462 units in February 2011 as against 63,394 units in February 2010.
Exports
Exports accounted for 24,036 units of overall sales, increasing 13% over the same month of the previous year, with two wheelers accounting for 21,674 units.
Three Wheeler
Three wheeler sales of the company touched a new high in February 2011with sales of 4,212 units of three wheelers against 2,132 units sold in the comparable month of the previous year. Cumulative three wheeler sales for the period April 2010 to February 2011 grew by 181% with sales of 35,433 units against 12,549 units.

Source- Tvs Motor Company

Tuesday, February 15, 2011

TVS Motor posts 30% growth in January 2011

Scooters up 60%, Domestic Sales grow 30%

Hosur, February 1, 2011: Quantum increase in sales of scooters coupled with sustained demand and strong domestic sales have enabled TVS Motor Company to post an overall sales growth of 30% in January 2011. The company sold 165,152 units in January 2011 against 127,288 units in the same month of the previous year. The company therefore registered cumulative sales of 1,678,048 units for the period April 2010 to January 2011.
Two Wheeler
Total two wheeler sales of the company grew by 29% with sales of 161,725 units in January 2011 against 125,578 units registered in January 2010. Cumulative two wheeler sales for the period April 2010 to January 2011 increased by 33% with sales of 1,646,827 units over 1,234,632 units in April to January 2010.
Domestic sales of the company recorded a growth of 30% with sales of 142,227 units in January 2011 against 109,504 units reported in January 2010.
Scooter sales posted an impressive growth of 60% with sales of 40,736 units as against 25,509 units recorded in January 2010. Motorcycles accounted for 24% growth with sales of 67,721 units in January 2011 as against 54,698 units in January 2010.
In January 2011, the company exported 19,498 units of two wheelers against 16,074 units registered in January 2010.
Three Wheeler
The company sold 3,427 units of three wheelers in January 2011 against 1,710 units sold in the comparable month of the previous year. Cumulative three wheeler sales for the period April 2010 to January 2011 grew by 200% with sales of 31,221 units against 10,417 units.
During the month, TVS Wego won the prestigious "Scooter of the Year Award" at the following award ceremonies on merits of its design elegance, engine efficiency, smoothness of handling and ride quality:

  • CNBC TV18 Overdrive Awards 2011
  • NDTV Car and Bike Awards 2011
  • Bike India Awards 2011
  • Business Standard Motoring Awards 2011
  • Source- TVS MOTOR'S

Friday, January 21, 2011

TVS Motor Company Revenue Grows 51 % in Q3

Board declares 50% interim dividend on enhanced capital of Rs. 47.51 cr
Third quarter PBT and PAT grows 177 % and 137 % respectively;
Cumulative PBT and PAT grows 171% and 128% respectively

Chennai, January 20, 2011: Sustained growth across all product segments has enabled TVS Motor Company to achieve strong revenue growth of 51% in the third quarter with sales revenue growing from Rs. 1089 crore in the quarter ended December 2009 to Rs. 1647 crore in the quarter ended December 2010.
Profit before tax, during the quarter under review, grew by 177% from Rs. 25.41 crore recorded in December 2009 to Rs. 70.29 crore in the current quarter. Profit after tax grew by 137% from Rs. 23.54 crore in the previous comparable quarter to Rs. 55.75 crore in the quarter under review.
Cumulative profit after tax for nine months ended December 2010 grew at 128% from Rs.66.20 crore to Rs.150.90 crore. The directors have declared an interim dividend of Re. 0.50 per share on the enhanced capital of Rs.47.51 crore as compared to Re. 0.70 per share on the then capital of Rs. 23.75 crore.
Total two-wheeler sales of the company grew at 39% in the third quarter, increasing from 3.72 lakh units in the third quarter of the previous year to 5.18 lakh units in the current quarter.
Motorcycle sales grew at 40% from 1.51 lakh units in the quarter ended December 2009 to 2.11 lakh units in the reporting quarter. Scooters continued its upward growth, increasing by 64% from 0.76 lakh units in the quarter ended December 2009 to 1.24 lakh units in the current quarter.
Two wheeler exports registered 17% growth with sales increasing from 43,696 units in the quarter ended December 2009 to 51,394 units in the current quarter.
The company's three wheeler sales during the quarter grew 212% from 3,225 units in the quarter ended December 2009 to 10,079 units in the quarter ended December 2010.
At the end of the quarter under review, PT TVS Motor Company Indonesia sold 14,809 units (April '10 to December '10) in comparison with 10,448 units (April '09 to December '09) registering a growth of 42% over the same period of the previous year. Expansion of dealerships has been a key focus area and the company has added two new provinces to the existing thirteen. Upgraded models of TVS RockZ and TVS Apache will be launched in the fourth quarter. With improved sales network and product portfolio, PT. TVS is expected to vastly improve its performance in 2011-12.
TVS Wego has won the prestigious "Scooter of the Year Award" at the recently concluded CNBC TV18 Overdrive Awards 2011, NDTV Car and Bike Awards 2011, Bike India Awards 2011 and Business Standard Motoring Awards 2011. Eminent panels of jury members including auto enthusiasts and industry experts chose TVS Wego on merits of its design elegance, engine efficiency, smoothness of handling and ride quality.

Source:- TVS Motors

Saturday, January 15, 2011

TVS APACHE RTR180 SPECIFICATIONS OUT!

The good folks at biking world are carrying some stuff about the TVS Apache RTR180 ABS. The stuff we’re talking about are the specifications of the ABS system that will make it onto the RTR180. What we find difficult to fathom is the modest increase in price of the ABS version when compared to the non ABS version of the Apache RTR180, which at INR 3000 seems a little too inexpensive to be taken seriously.

In comparision, the C-ABS system that the 2011 Honda CBR250R will come with is a full INR 30,000 costlier than the non ABS version. So, the pricing bit still remains a grey area although it would a be a terrific feat of sorts if TVS Motors does indeed manage to price the ABS version of the Apache RTR180 at just INR 3,000 over the non ABS variant. Meanwhile, here are a few specs of the Apache RTR180 ABS and a video of the Apache RTR180 ABS in action.

TVS Apache RTR 180 ABS Features:

  • No Wheel skidding
  • Better brake performance on wet roads
  • Very safe regardless of rider skill
  • Rear wheel lift-off protection (RLP)
  • Independent control

TVS Apache RTR 180 ABS Specifications:

  • Function: ABS + RLP
  • Hydraulic: 4 Valves, pump & LPA
  • Electronic: 12 V
  • ECU: Integrated
  • Valves: Digital Control
  • Communication: K-Line