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TVS Motor, the two-wheeler major, said it would close this financial year, 2016-17 (ending this month), with a 14.3 per cent market share, close to its target of 15 per cent.

Also, that it would launch a new motorcycle and scooter brand, and that it had plans to invest Rs 350 crore in the coming financial year.


 
Two-wheeler auto-major TVS Motor said it would close financial year 2017 with a 14.3 per cent market share, close to its target of 15 per cent. The company also said it would be launching one new bike and scooter and that it had plans to invest Rs 350 crore in financial year 2018.

K N Radhakrishnan, CEO, TVS Motor, said that during the third quarter, the company's market share was 15 per cent. But from November to February, due to demonetisation, poor monsoon and other factors, the industry slowed down and so did the company's growth.


 
TVS Motor has bagged a patent for its antilock brake system (ABS) for motorcycles. The new system helps to overcome the problems, defects and drawbacks encountered in the previous models. The company is currently using the ABS technology in its high-end motorcycle TVS Apache, in collaboration with German component manufacturer Continental Corporation.

The company says that the presence of ABS in a motorcycle prevents locking of the front and rear wheels by automatically regulating the braking force acting on the front and rear wheels at the time of braking operation.


TVS launches BS-IV compliant Jupiter
Posted on 14th March 2017
 
TVS Motor has launched its BS-IV compliant TVS Jupiter and added two new colours — Jade Green and Mystic Gold.

The refreshed scooter is now BS IV compliant, with Auto Headlamp On (AHO) and equipped with Sync Braking System (SBS), the feature, previously available on ZX range will now be available on the Base variant as well.


 
TVS Motor Company has moved higher by 5.5% to Rs 402 on the National Stock Exchange (NSE), after the company reported a better than expected 10% year on year (YoY) growth in net profit at Rs 133 crore for the quarter ended December (Q3FY17).

Revenues from operations grew by 3% YoY to Rs 3,240 in Q3FY17 as against Rs 3,151 crore recorded in the quarter ended December 2015. EBITDA (earnings before interest, tax, depreciation and amortization) margin remained unchanged at 6.7% during the quarter.


 
Giving a major fillip to its innovation-packed product line-up, Chennai-based auto major TVS Motor Co has been granted an Indian patent for automatic hybrid transmission (AHT) system for two-wheelers. The invention for which exclusivity has now been provided by Chennai patent office is related to a system involving a combination of a fixed speed transmission mechanism (FSTM) and a continuously variable transmission mechanism (CVTM).

 
TVS Motor has reported a 33.4 per cent growth in profit during the quarter ended September 2016 at Rs 177.39 crore, as against Rs 132.96 crore in the corresponding period last year.

The company has reported a revenue growth of 20.6 per cent for the quarter ended September 2016. Total revenue grew to Rs 3,726.31 crore in the quarter ended September 2016, as against Rs 3,089.42 crore recorded in the quarter ended September 2015.


 
TVS Motor reported 30.1 per cent growth in two wheeler sales, an increase from 220,971 units recorded in September 2015 to 287,449 units in September 2016.

Domestic two wheeler sales grew by 33.6 per cent, increasing from 190,063 units in September 2015 to 253,974 units in September 2016.


 
TVS Motor Company announced the completion of Himalayan Highs Season 2 on Tuesday, with 11 women riders from across India riding to the world's highest motorable road, Khardung La, on TVS Scooty Zest 110.

Led by Anam Hashim, the solo rider of Himalayan Highs Season 1, the entourage earned themselves a place in India Book of Records for being the first group of women riders to conquer Khardung La on a 110cc scooter.


 
TVS Motor announced that the company has commenced manufacturing products for BMW at its Hosur facility.

K N Radhakrishnan, president & CEO, TVS Motor said that first product will be launched after October by BMW, and TVS will launch its product by end of fiscal.


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