FADA has found that at the overall industry level, viability Is the biggest concern of auto dealers across all segments of the Industry. Dealers attach a high importance of 27% on business viability, where OEMs need to exhibit greater sensitivity, particularly since the current satisfaction level on this factor is weak.
According to the Society of Manufacturers of Electric Vehicles, the e-two wheeler category which sold 1,43,000 units in FY20-21, sold a mere 25,000 units in Q1 of this fiscal due to the Covid induced second wave lockdown. But in the nearly five weeks since the new subsidies made mid-range and premium e-two wheelers like the Hero Optima, Okinawa Praise Pro and Ather 450X and the Ampere Magnus and Zeal cheaper by Rs 18,000-Rs 20,000, the creamy layer of the market has seen a boom.
The company has developed two versions of BS-VI Fi platforms: namely, RT-Fi (Race Tuned Fuel injection) and ET-Fi (Ecothrust Fuel injection).
The TVS iQube Electric is a green and fun-to-ride urban scooter. It is powered by a next-gen TVS SmartXonnect platform with an advanced electric drivetrain.
"Having successfully worked together for over five decades, ZF will continue its technology license and supply agreements with Brakes India," Brakes India said in a statement.
It may be noted that during May 2021 auto plants and dealers were forced to shut down due to the Covid-19 second wave in the country. This impacted the entire two-wheeler industry which has been on an overall month-on-month decline in the domestic sales volumes.
“Both factories will only start functioning fully from June 1 onwards,” said CITU state president A Soundararajan. When contacted, the Apollo Tyre spokesman said: “The Oragadam plant is operational with less than 50% workforce and following all safety protocols.” JK did not comment.
While strong quarterly growth in the last fiscal comes on the back of robust two-wheeler sales in the domestic and international markets, key factors such as good product mix, higher demand for premium scooters and bikes, improved export volumes and material cost reduction efforts contributed to improved operating margins.
Top companies have factories in the state, include Tata Motors, LG Electronics, Bajaj Auto, Mercedes-Benz, Mahindra & Mahindra, Whirlpool, Jeep, Volkswagen and Skoda, apart from a large number of component and ancillary suppliers across industry segments.
Venu Srinivasan, Chairman of TVS Motor Company, will become Chairman Emeritus effective January 2023, and Sir Ralf will succeed him as Chairman, the company said in a statement.
The Single-Channel ABS variant of the motorcycle will offer three ride modes, adjustable suspension and adjustable levers. The motorcycle is also available in Dual-Channel ABS variant with the same set of features and ride modes.
The company has also sold its entire stake aggregating 100% of Optionally Convertible Redeemable Preference Shares in Auto Digitech Private Limited (ADPL), a wholly-owned subsidiary of MFCS, for a consideration of Rs 13.5 crore to TVS Automobile Solutions.
This challenge in the supply chain can be mitigated with effective technology-based planning, according to a recent EY India report titled ‘Semiconductor supplies hitting vehicle sales: How Supply Chain challenges can be effectively managed through Digital Technology & Solutions for planning’.
The agency will be responsible for the social media campaigns of the TVS StaR City+, TVS Sport, and TVS Jupiter brands...
In the top ten two-wheeler chart, Hero held three positions while Honda, Bajaj and TVS had two each and Suzuki one.
TVS Group chairman Venu Srinivasan expects business to come back to last year’s levels this month, including components business.
"TVS Motor is excited to see the progress and developments made by the UV team and we are confident that these actions will go a long way towards establishing a greener future for India," said Manu Saxena, vice president, future mobility and dealer transformation, TVS Motor Company.
The new TVS Jupiter ZX also comes with an all-in-one lock to operate the ignition, steering lock, seat lock and fuel tank cap with a single keyhole, along with a disc brake for rider safety.
According to SFHL, the strategic investment in MIND would enable the company to facilitate the sharing of manufacturing excellence, systems and automation, together with MIND's composite manufacturing expertise, and support its expansion in the rapidly growing composite materials space.
Bajaj Auto is the No. 1 or 2 in more than a dozen African markets, with a cumulative market share of 40% of the 2.4-2.7 million two-wheelers sold there.
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Dilip Kumar | Unlock to View | Unlock to View | Director | 12 Sep,2016 |
| Ramachandhran Dinesh | Unlock to View | Unlock to View | Director | 04 Sep,2014 |
| Guruvayoor Balakrishnan Prabhat | Unlock to View | Unlock to View | Director | 04 Sep,2014 |
| Vinod Krishnan | Unlock to View | Unlock to View | Managing Director | 24 Jul,2006 |
A service, in its core sense, means an action of helping or doing work for someone. In Automotive industry, a service is an assistance or advice given to customers during and after the sale of product. In ETAutolytics, a service includes other services like technology translation, the support to obtain the certificates and logistics solutions as well, along with IT infrastructure maintenance (middleware).
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