TVS Apache RTR Fi Promotional Video….
Tuesday, November 18th, 2008
TVS Apache RTR Fi Promotional Video….
Low Sale in October
Tuesday, November 4th, 2008Car and two wheeler sales in India took a dip in the month of October. Although the companies had been eyeing the festive season to move their stocks and clear their inventories, but the ongoing economic scenario compelled the small car segment buyer away from the market. The auspicious day of “Dhanteras” marked sales of 15000 units across the country which was lesser than last year’s sales of 17000 units on the same day.
Maruti Suzuki and Tata Motors have already reported a drop in sales in the month of October 2008. These two car manufacturers have stated that the market is seriously hurt by the rising interest rates and the overall credit crunch in the market. Maruti reported sale of 64,490 units in October 2008 as against 69,415 units last year.
On the other hand, the major two-wheeler manufacturers, Hero Honda, Bajaj and TVS Motors have also reported a decline in their sales in the month of October 2008. On the brighter side, the exports figures have lent a serious support to the sales figures of especially Bajaj and TVS Motors.
[Via: cartradeindia]
TVS Motor Q2 revenues up by 23.2%
Friday, October 31st, 2008 TVS Motor Company has reported a 23.2% increase in its revenues for the July-September quarter, FY2008-09, at Rs 1,034 crore, compared to Rs 839 crore in the corresponding quarter of the previous year.
Despite increasing input costs, the lack of availability of retail finance and a general downturn in the economic scenario, TVS posted profit before tax of Rs 13.9 crore and profit after tax of Rs 10.4 crore, compared to Rs 16.9 crore and Rs 11.9 crore in Q2, FY2007-08 (which had the benefit of Rs 10.2 crore (net) on account of exceptional items.)
TVS also recorded a growth in its two-wheeler sales, with 181,000 bikes being sold in Q2, compared with 144,000 units sold in Q2 last year. TVS scooters clocked sales of 77,000 units, compared to 76,000 units sold in the corresponding period last year. The company reached a significant milestone in July this year, when it reached the two-million mark in the sales of the TVS Scooty.
TVS exported 55,000 two-wheelers in Q2, an increase of more than 50% over the corresponding period last year. The company now exports its two-wheelers to more than 54 countries worldwide.
[Via: indiaautomotive]
TVS Motor scales down investment plans
Monday, October 27th, 2008India’s third-largest two-wheeler manufacturer, TVS Motor Company Ltd. is scaling down its investment plans in India, owing to weaker demand and tight availability of consumer finance.
TVS, which was earlier planning to invest about Rs 1 billion per annum on expansion, will now only invest about Rs 750 million per year for the next two years. ‘We have seen low growth and will only invest for new models and R&D projects now,’ said Venu Srinivasan, Chairman and Managing Director, TVS Motor. ‘There is no significant investment in capacity. Given the turbulent conditions, we would trim our investments,’ he added.
TVS Motor had recorded a 19 percent increase in total two-wheeler sales in September this year, but the company expects growth to slow down in the near future, primarily due to lack of availability of finance. ‘We don’t expect improvements till the end of 2009, as the global economy is slowing down. The crisis in the west is affecting us here, nobody is really willing to lend,’ said Srinivasan.
TVS Motor’s two-wheeler sales up by 19%
Thursday, October 2nd, 2008TVS has reported a 19% growth in the sales of its two-wheelers in September 2008, at 137,246 units, versus 115,091 units in the year ago period.
During the month, the company’s motorcycle sales went up by 32% at 71,278 units, compared to 53,991 units recorded in September last year. TVS scooters, however, showed a marginal decline, at 27,108 units, as against 27,199 units in September last year. TVS also exported 18,229 units in September this year, against 13,036 units in the corresponding period last year, an increase of almost 40%.
[Via: indiaautomotive]
TVS Motor aims 15 per cent of premium bike segment
Wednesday, September 24th, 2008TVS Motor Company has said that its is expecting to garner a 15 per cent marketshare in India in the premium bike segment. The company has revealed that at least 2.5 lakh Apache RTR bikes have been sold in the country since its launch three years back. As against 4 per cent year-on-year growth in the premium bike segment, TVS has registered a growth of about 32 per cent in this segment.
India’s third largest two-wheeler company has said all this on the sidelines of a mass delivery function hosted by them on 19th September in Hyderabad wherein about 250 bikes were handed over to customers. Currently, Andhra Pradesh is currently the second largest market for premium bikes in India after Delhi.
According to a senior representative of TVS Motor Company, Apache is the result of TVS’s racing heritage and has been designed to woo youngsters both on looks and performance. He also added that nearly 60,000 to 70,000 bikes are sold on an average, depending on the market trends. He also said that the newly-launched Apache RTR Fi will help the company in enhancing its marketshare in the premium bike segment in India. The model is currently sold in selected cities and would be available countrywide shortly.
TVS Motor Company posts 11% growth in August 2008
Monday, September 1st, 2008TVS Motor Company has posted 11% growth registering total two wheeler sales of 114,321 units in August 2008 against 102,734 units in the corresponding period of the previous year. During the month, the company’s motorcycle sales posted 13% growth recording 52,304 units in comparison to 46,235 units recorded in August 2007.
Sales witnessed a quantum increase with notable contributions across models including the fuel injected Apache RTR Fi , which the company launched in the month of July 2008. Scooters posted 3% growth recording 25,392 units as against 24,645 units during the same period of the previous year.
Promotional Video of TVS Apache Fi
During the month, the company has roped in the glamorous Indian tennis star, Sania Mirza to be the brand ambassador of it’s Scooty brand. The brand has always strived to bring out the best in young ladies and empower them with independence and self-sufficiency. The company chose to associate with Sania as brand ambassador since she emanates these qualities. As part of the agreement, Sania Mirza will be the face of the brand and will feature in commercials and other aspects of the brand.
Exports continued its upward growth trend, posting an increase of a 51% registering 18,083 units of two wheelers in August 2008 as against 12,006 units in the corresponding period of the previous year.
[Via: Indiafirstedition]
TVS TO LAUNCH APACHE RTR MENACE 180CC
Friday, August 29th, 2008TVS is on prowl now. Sidelined by Bajaj and Hero Honda in the market, the company saw drop in revenues and sales during the last fiscal year. Wanting to make ammends now the company plans to launch new models of their existing portfolio in every three to six months starting with the Apache 160 RTR Fi launched just recently.
Next in line is the Apache RTR Menace which will come with a 180cc engine and unlike Bajaj which made a mistake by not visually differenciating the 150cc and 180cc Pulsar’s, the Apache Menace will come with some cosmetic upgrades too.The company reportedly is also working on 200cc version of the Apache and that might come in the market with ABS!
The Apache RTR Menace is expected to be launced during the festive season in October or November.
[Via: Cubiccapacity]
Scooty Pep recognized as fairer sex’s affinity
Friday, August 29th, 2008TVS recently rolled out the onemillionth Scooty Pep scooterette out of its Mysore plant. While its predecessor, the 60cc TVS Scooty took all of eleven years to accomplish this feat, its four-stroke cousin has managed to reach the mark in six years of production.
The timing of the launch of the Scooty Pep in 2002 could not have been better. Its predecessor, the 60cc two-stroke TVS Scooty, was on the waning side of its life cycle in a market moving rapidly towards 4-stroke machines. Six years down the line, the product has hit the golden mark in automotive production - ten lakh Scooty Peps produced and running errands on Indian roads.
TVS is also going to launch a face lifted scooty in future and has named it Scooty Streak . It will hit the showrooms during the festive season. Along with the scooty streak, TVS plans to launch a new scooter early 2009. TVS scooty streak will be priced around Rs40000. Scooty streak will be the TVS answer to Honda’s Aviator , Suzuki’s access and Kinetic’s flyte.
