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Business Standard

TVS Motor Company divests its entire stake in TVS Digital

Consequent to the above, the TVS Digital has ceased to be a wholly owned subsidiary of the Company effective 16 September 2024.

The Economic Times

Troubled Tork Motors, backed by Ratan Tata and Bhavish Aggarwal, looking at stake sale to revive operations

The Pune-based electric motorcycle startup--backed by Ratan Tata, Bharat Forge and Ola's Bhavish Aggarwal--has sent out buyout proposals to two-wheeler companies including Kinetic Green, Hero MotoCorp, and TVS Motor Company for the potential deal, said people familiar with the matter. These companies said they are studying the proposals and would decide shortly.

Mint

Strong sales growth for Mahindra & Mahindra, TVS Motor Company: A positive sign for the Indian automotive industry

Indian Automotive Market Booms: Mahindra & Mahindra and TVS Motor company post impressive numbers

Business Standard

TVS Motor sales up 13% in Aug at 391,588 units; exports grow by 13%

TVS Motor Company on Sunday said its total sales increased 13 per cent year-on-year to 3,91,588 units in August as compared with the same month last year. The company had dispatched 3,45,848 units to its dealers in the same month last year, TVS Motor Company said in a statement. Total two-wheeler sales last month stood at 3,78,841 units as against 3,32,110 units recorded in August 2023, a growth of 14 per cent. Two-wheeler sales in the domestic market grew 13 per cent year-on-year to 2,89,073 units last month from 2,56,619 units in August 2023. Total exports registered a growth of 14 per cent with sales increasing from 87,515 units in August last year to 99,976 units last month.

Business Line

TVS Motor sales up 13% in August at 3,91,588 units

The company had dispatched 3,45,848 units to its dealers in the same month last year, TVS Motor Company said in a statement

Business Line

Narain Karthikeyan’s DriveX plans to more than double network & pre-owned 2W sales

DriveX, which retails about 2,500 used vehicles monthly, is backed by TVS Motor, which owns 48% stake in the company

Business Standard

TVS Motor Company launches TVS Raider 125 in Sri Lanka

TVS Motor Company launched its feature-rich TVS Raider 125 in Sri Lanka. The sporty motorcycle comes with first-inclass features such as an LCD digital speedometer, 3V iTouch Start, Animalistic LED headlamp and first-in-segment under-seat storage.

The Economic Times

Expect scooter segment to account for over 40 pc of two-wheeler sales: TVS Motor

TVS Motor Company CEO KN Radhakrishnan expects the scooter segment to grow and comprise around 40 per cent of total two-wheeler sales. The newly launched Jupiter 110 is expected to strengthen TVS's market position. The company's scooter sales have grown with a 12 per cent CAGR, outperforming the industry's 8 per cent.

Business Line

TVS Motor stock soars post Q1 numbers

TVS Motor Company reported a 23.4 per cent year-on-year increase in standalone net profit to ₹5,773 million for Q1 FY25, with revenue growing 16% to ₹83,756 million

Business Line

TVS Motor plans new launches in ICE & EV segments in Q2, posts strong numbers in Q1

The company reports its highest-ever revenue, EBITDA and profit in June 2024 quarter