Archive for the ‘TVS’ Category

TVS plans to go to Mexico and Argentina with bikes

TVS Wego

Money control is reporting TVS will venture into Argentina and Mexico with its motorcycles. It will soon begin exporting its bikes to new markets and push the export market share to 18% from the current 10%.

TVS is also planning assembly lines in Bangladesh and Columbia in the next two years. It might produce three-wheelers in those locations. It will export the autorickshaws from India to parts of Asia and Africa where public transport is still in a very ancient stage.

TVS plans to sell at least 4.8 lakh units of scooters in FY11, 1.8 lakh more than what it managed the previous year. It hopes its Wego and Scooty range will help achieve this goal.

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Entry posted on July 14th, 2010 and filed under TVS

TVS revives Max 100R as MAX-4R

TVS MAX-4RThe TVS Max 100R was at the helm of the 2-stroke commuter motorcycles in the 90s. As the regulations tightened, 2-stroke motorcycles went from endangered to extinct.

The Max 100R was laid to rest earlier this decade, but it didn’t take TVS too long to realize that the rural areas of India was smitten by the Max. The company, as we reported earlier, has revived the Max 100R with a 4-stroke engine borrowed from the Star City. The 110cc engine delivers 8 Bhp of power and 8.3 Nm of torque.

As this motorcycle is for the rural areas of India and simplicity is the keyword, the 4 speed gearbox will fit the bill. The Max-4R will not be popular for its styling or features. It will be suitable to carry loads of up to 200kg over long distances. It will have comfortable seats, a powerful headlamp, quad shock absorbers that will provide it the capability to ply in areas where roads are only a distant dream. The engine and gearbox will be modified to return maximum fuel economy.

The bike, according to our friends at IndianCarsBikes, will cost 40,000 rupees on-road in TVS’s hometown Chennai.

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Entry posted on July 13th, 2010 and filed under TVS

TVS posts 36 percent growth in sales in June 2010

TVS Jive

TVS Motor Company has registered an overall growth of 36 % in its two-wheeler sales for the month of June 2010. The company had a sale of 1,56,685 two-wheelers as compared to 1,15,448 units in June last year.

The company has recorded a 33 % increase in domestic two-wheeler sales as compared to June 2009 with a figure of 1,39,905 units. The company had a 44 % and 42 % growth in motorcycle and scooter sales with sales figures of 66,452 units and 36,742 units respectively.

The company also had a 66 % growth in exports in June with a figure of 16,780 units as compared to 10,087 units in June 2009. The cumulative sales of the company in the April-June quarter witnessed a growth of 31 % with a sales figure of 4,56,041 units.

TVS Motor company after having achieved growth in sales across all segments of the two-wheeler market in which it operates in the month of June, is now gearing up to unleash a new product into the Indian two-wheeler space this month.

This model is expected to be launched in the volume 100 cc segment of the Indian two-wheeler market and should definitely help in further boosting TVS”s monthly sales figures.

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Entry posted on July 3rd, 2010 and filed under TVS

War between Indian and Chinese bike makers to rage on

indian bike companies versus chinese bike companies

Competition between Indian bike manufacturers and new foreign players is heating up in the Indian market as well as international arena.

Chinese bike manufacturers are looking to enter the lucrative Indian two-wheeler market and compete with home grown majors like Bajaj, Hero Honda and TVS. The Chinese with their extreme cost cutting strategies can offer competitive products at cut-throat prices.

Would this be a cause of concern to the Indian bike makers? Market analysts say no. They think that the Chinese manufacturers can’t give quality products and the Indian bike market, unlike the car market is quite quality sensitive and and native bike maker needn’t have worries about the advent of Chinese bike majors.

Baja Motorcycles recently got a Chinese patent for its ExhausTec technology. Also Bajaj had setup a bike manufacturing unit in China is said to be manufacturing low cost bikes with almost 100% localization. These low cost bikes have been branded ‘Boxer’ and Bajaj is selling these bikes in Africa and Latin Americas. Nigeria is one of the biggest markets in Africa for Bajaj.

Indian bike makers can’t produce low cost bikes that compromises on quality and this the reason why Chinese manufacturers who sell low quality bikes at dirt cheap prices in all developing markets overtake Indian companies and hold more than 70% market share in the low cost bikes segment all over the world.

With TVS planning exports to Latin America and Africa and Bajaj already playing in the international arena, it would be interesting to see how Indian bike manufacturers tackle their Chinese competitors in price sensitive developing markets.

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Entry posted on July 1st, 2010 and filed under Bajaj, TVS

TVS banks on Wego to boost sales, will launch a new bike this month

tvs wego

TVS Motors the country third largest motorcycle manufacturer launched it Wego gearless scooter in Chandigarh last week. With the Wego automatic scooter, TVS has the widest range of scooters in India yet Honda is the segment leader with more than 50% market share.

The TVS Wego comes with a 110cc engine that puts out 8hp and would compete with the Honda Activa, Hero Honda Pleasure and the Suzuki Access 125. The Wego unlike its competitors would be marketed as a unisex offering. TVS has developed this scooter hoping that it would appeal to both the sexes.

TVS also launched the Jive which is the world’s first Clutchless geared bike. TVS’s motive behind the Jive and the Wego is to introduce new products for stress-free commuting. TVS is banking on these to products to drive TVS’s sales this year.

When Indian Motos Blog contacted TVS, we got a confirmation of TVS’s new bike that would be launched in the coming weeks. We expect the new bike to be the legendary Max R 100’s successor which would comply with BS3 emission norms, but this bike wouldn’t be called a Max R 100 and could be a radical product in the commuter bike segment.

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Entry posted on July 1st, 2010 and filed under TVS

TVS aims to sell 4.8 lakh scooters this fiscal

TVS Wego

Tamil Nadu based TVS Motor have ambitious plans for their scooters. The company sells the Scooty and Wego in India and is eying Honda’s 50+ percent market share in the gearless scooter segment.

The company shifted its focus from electric scooters to combustion models. It even plans to put a new motorcycle on the market in the following weeks.

The way forward for TVS is developing scooters that will appeal to the younger buyers as well. Sure, the Wego is a stylish commuter, but it’s not going to woo the younger population. The Hero Honda Pleasure is a type of model which TVS has to imitate. It could use the Wego’s base to construct one that will appeal to both the sexes.

TVS has may have been focusing very aggressively on the motorcycle segment and its three-wheeler plans for the past many months now but the company is now getting equally aggressive about its plans for the scooters segment as well.

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Entry posted on June 29th, 2010 and filed under TVS

TVS to enter Argentina and Mexico to boost exports

TVS Apache RTR 180

TVS Motor Company has plans to enter the two-wheeler markets of Argentina and Mexico in order to give a boost to its export figures. TVS will be launching two of its flagship brands, namely Star and Apache into the Argentinean and Mexican two-wheeler markets in order to gain a foothold in these markets.

H.S Goindi, President, Sales, Service and Marketing, TVS Motor Company -

We see tremendous opportunity for growth in exports in these countries. The growth rate is higher primarily because during the same time last year there was a recession hitting these countries and hence the sales were lower and the primary sales from India were even lower. So, that is the reason for the growth rate

The company expects its exports to contribute 25% of its total sales over the next 4-5 years from the current levels of 14-15%. The company also aims to have an 18-20% market share in all of its export markets from the current level of 10%. In order to be able to cater to the demands of the future, the company will be investing Rs. 150-180 crore over the period of the next one year to boost capacity at its manufacturing facilities in Hosur and Mysore.

TVS Motor Company already has a presence in markets of the SAARC countries, and recently showcased its Apache RTR 180 motorcycle and Qube 2.0 concept scooter at the ongoing business fair in Indonesia. The company is also gearing up to unleash its products into the markets of Columbia and Bangladesh over the next couple of years.

Its appears as if TVS has big plans going into the future and by spreading its wings into the various two-wheeler markets of the world, it will definitely become one of the major players in the worldwide two-wheeler space. The company also has big plans for its Indian operations as well, with the launch of exciting products such as the RTR 180 ABS and Scooty Streak Hybrid in the near future.

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Entry posted on June 23rd, 2010 and filed under TVS

TVS electric vehicle plans not halted

Scooty TeenzScooty Teenz

TVS has not taken any decision to permanently halt its Electric Vehicle (EV) plans. Media reports claimed that TVS had shelved its future Electric Vehicle plans and had also stopped the production of its one-and-only electric offering, the Scooty Teenz Electric.

H.S Goindi, President, Sales, Service and Marketing, TVS to WheelsUnplugged -

The report is not true. We have not shelved our plans. It’s very much on track. It’s just that we are not going the whole hog and instead watching the market carefully

H.S Goindi, President, Sales, Service and Marketing, TVS to PTI -

We have an electric three-wheeler, which we had planned to introduce but there is no market for such products. So we don’t have any plans to launch it now. The market is not good for electric two-wheelers. So we are concentrating on our regular scooters and motorcycles

IMB had earlier reported about TVS having temporarily stopped the production of its TVS Scooty Teenz Electric scooter due to issues with the vehicle’s battery. But, TVS had never said that they have completely shelved their future EV plans. This report further affirms the previous statement and keeps alive hopes of exciting products such as the TVS Scooty Streak hybrid from TVS in the near future.

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Entry posted on June 23rd, 2010 and filed under TVS

Official – No TVS Scooty Hybrid in 2010

TVS Scooty Streak Hybrid

TVS Motor Company has no plans of launching the Scooty Hybrid, which it showcased at the 2010 Auto Expo, this year. When IMB contacted a senior TVS Motor Company Official, he told us that they have the capability of developing vehicles using the hybrid technology and that they demonstrated it at the Auto Expo. But they are still studying the technology and its pros and cons and conducting tests to ascertain its feasibility.

The official also told us that they will definitely launch a vehicle using the hybrid technology, but only when they feel that the time is right and the market is ready for such a product, since currently the price of the hybrid technology and in turn a hybrid vehicle’s price is high. The company is working to make technology more affordable and thereby more acceptable to the wallets of consumers.

This move from TVS to delay the launch of the Scooty Hybrid, in order to make the technology and the product more affordable seems sensible since they would not have found many takers for such a product if they had priced it too high and that would have been catastrophic for such a promising product.

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Entry posted on June 17th, 2010 and filed under TVS

TVS showcases Apache RTR 180 in Indonesia

TVS Apache RTR 180

TVS Motor Company has showcased its flagship Apache RTR 180 motorcycle at the ongoing Jakarta Fair in Indonesia. The company could be using this opportunity to gauge customer response towards the bike and the generated data can be analyzed to determine the best possible time for it introduction in the Indonesian market this year.

TVS already sells its Apache RTR 160 motorcycle in the Indonesian market along with the step-thrus Neo and Rockz. The Apache 180 will be a valuable addition to the TVS Indonesian lineup, considering the bike has done very well in the Indian market.

The Apache RTR 180 is a well-priced, affordable 180cc performance bike which offers razor-sharp handling and braking performance to its rider along with a seat of the pants riding experience. The bike is one of the better performance bikes available in the Indian market. TVS had also showcased an Apache RTR 180 fitted with an ABS system at this year’s Auto Expo in Delhi, which will be launched in India.

As of now, TVS has not announced any prices for the Apache RTR 180 which will be sold in the Indonesian market, but one thing for certain is that the Indonesian buyers will receive the same RTR 180 which we have here in India.

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Entry posted on June 16th, 2010 and filed under TVS
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