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Two-wheeler major TVS Motor Company has entered into the super premium motorcycle by launching the TVS Apache RR 310- a 310 cc super-premium bike that the company has jointly developed with BMW Motorrad. The newly launched TVS Apache RR 310 will be introduced in the global market as well with the company eyeing sales to the tune of 10,000 units in its first year itself.

The new bike is priced at Rs 2.05 lakh (ex-showroom) with prices varying across states. TVS Motor's entry into the new segment comes four years after a tie-up agreement between the Indian motorcycle major and Germany's BMW Motorrad.

The much-awaited TVS Apache RR 310 will be launched in just two days from now. The Hosur-based manufacturer has recently released a couple of teaser videos that made the enthusiasts countrywide even more excited about the bike. Now, to spice up the scene, even more, a video is doing rounds on the internet that gives a hint of the performance of the upcoming TVS flagship. In the footage, one can see a Bajaj Dominar 400 chasing a TVS Apache RR 310 test mule on an open expressway. The Apache rider had maintained a lead right from the beginning but after pushing the bike hard for a few minutes, the Dominar rider manages to get close to the former in order to get a closer look of the motorcycle. In no time, the TVS rider notices this and whacks open the throttle.

TVS Motor Company, India’s fourth-largest two-wheeler maker, is banking on rural buying in south India to sustain its double-digit growth momentum and plans to invest Rs 600 crore to expand its product range and distribution network.

Demand for the brand remains strong, the company said, with retail volumes growing over 20% during Dusshera and Diwali and the momentum is expected to continue. TVS Motor’s two-wheeler sales grew 14% in the first half of the financial year, exceeding the market rate.

TVS Group begins EV journey with Tesla
Posted on 17th November 2017
CHENNAI: In Tesla's race into the future, there is an Indian partner fastening its belt.

TVS group's auto-component maker Sundram Fasteners has begun its electric vehicle (EV) journey with an order from Elon Musk-founded carmaker Tesla to supply key parts in gear transmission and equivalents of radiator caps in a development that the company believes will ignite its own gradual transition to the EV era.

TVS Q2 net profit up 20% at Rs213 crore
Posted on 1st November 2017
New Delhi: TVS Motor Co. Ltd on Wednesday posted 20.2% rise in net profit at Rs213.16 crore for the second quarter ended 30 September, aided by robust sales across domestic as well as export markets.

The company had reported a net profit of Rs177.39 crore during the same period of previous fiscal. Its revenue rose to Rs4,097.99 crore during the second quarter, as against Rs3,465.69 crore during the same period of previous fiscal, TVS Motor said in a regulatory filing.

Mumbai: TVS Motor Co. on Friday said it has got into an exclusive distribution partnership for its two-wheelers with Motoplex S.A.S. of Grupo Bonanza, an automobile business house in the Dominican Republic. Hosur-based TVS is looking to strengthen its presence in the Caribbean region, it said in a statement.

As per the partnership, Motoplex will build and operate 40 TVS dealerships to sell the latter’s two-wheelers in the Dominican Republic. The first dealership under the alliance was inaugurated in capital Santo Domingo on Friday. The company currently sells its WEGO scooter, the TVS Sport bike and a dozen high-performance bikes under the Apache RTR series, in the Dominican Republic.

Demand for economy segment motorcycles — an indicator of the demand scenario in the rural market — is again on the rise in the first six months of the current financial year after staying subdued in the last three fiscals due to inadequate rainfall, the adverse impact of the demonetisation move and a ban imposed by the Supreme Court over the sale of BS III vehicles. In April-August, most of the Hero MotoCorp and TVS Motor offerings in the segment showed an improvement.

Leading two-wheeler manufacturer TVS Motor Company Ltd said it is prepared to export its latest bike model - TVS Victor Premium Edition depending on the market demand.

“As and when the demand happens, we would be keen to export this model. TVS is already exporting to 60 countries”, said Kendraj Joshi, senior manager, TVS Motor Company Ltd.

Honda Motorcycles and Scooters India (HMSI), the country’s largest scooter manufacturer, has managed to increase its market share in the motorcycle segment to 17% in the April-August period of the current fiscal, compared with 13% in the corresponding period last year.

As a result the Japanese two-wheeler manufacturer has overtaken Bajaj Auto and TVS Motors in motorcycle sales to grab the second spot in terms of unit sales in states like Bihar, Jharkhand, Uttar Pradesh and Odisha.

TVS, ASK join hands for realty fund
Posted on 4th September 2017
TVS Emerald, the real estate arm of TVS Motor Company and ASK Property Investment Advisors (ASK PIA) have partnered to set up Rs 400 crore real estate investment platform. ASK PIA is the real estate private equity manager of ASK Group.

Both partners will jointly infuse money. The capital raised will be invested in affordable mid-income housing projects, ASK said in a release on Monday.

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