Travel
-
TVS Credit Registers a Growth of 20% in AUM in Q1 FY25 Versus Q1 FY24 and has Served Over 1.5 Crore Customers Till Date
TVS Credit Services Limited, one of India’s leading NBFCs, published its unaudited financial results for the quarter ended June 30, 2024. The Company reported Assets Under Management (AUM) of Rs. 26,351 Crore as of Jun’24, an increase of Rs. 4,427 Crore and a growth of 20% as compared to Jun’23. The Company’s Total Income increased by 19% year-on-year and stood…
Read More » -
TVS Motor Continues Strong Growth Momentum; Records Highest Revenue, EBITDA and PBT in Q1
TVS Motor Company’s Revenue from Operations in the quarter ended June 2024 is higher at Rs. 8,376 Crores, grew by 16% as against Rs. 7,218 Crores in the quarter ended June 2023. The Company posted its highest ever Operating EBITDA of Rs. 960 Crores with a growth of 26% for the first quarter of 2024-25 as against EBITDA of Rs.…
Read More » -
MotoHaus to Redefine Automotive Retail Experience with Diverse Range of High-Quality Motorcycles and Electric Scooters
MotoHaus, conceptualized and operated by KAW Veloce Motors Pvt. Ltd. (KVMPL), is set to revolutionize the automotive retail sector with its diverse selection of high-quality motorcycles and electric scooters. By offering both Electric and Internal Combustion Engine (ICE) motorcycles, MotoHaus aims to cater to the evolving preferences of motorcycle enthusiasts. The brand will proudly feature recently announced legendary names such…
Read More » -
AI Integration and New-age In-Vehicle Technologies the Next Gamechanger in the Automotive Sector
Emerging technologies such as ADAS, AI, cybersecurity for software-defined vehicles, electric vehicles, in-vehicle connectivity, and connected vehicles are at the forefront of the automotive industry, according to industry experts who gathered at the EV & AutoTech Innovation Forum, organized by Konnect Worldwide Business Media. The softwarisation of the automobile or the Software Defined Vehicle (SDV), garnered the attention of the…
Read More » -
Electric One to Unveil E1A Series EM005 Pro: A Stellar Product with Fastest Charging Facility(90 MIN) for the First Time in India
Electric One, India’s largest EV Super Stores chain and Electric two-wheeler manufacturer, is set to launch its brand new range of E1A Series EM005 Pro, a robust and roadworthy scooter poised to be a game-changer for consumers. This cutting-edge vehicle, which fully charges within 90 minutes, is set to revolutionize the industry. The E1A Series will be available for customers…
Read More » -
MakeMyTrip Partners with Ministry of Tourism for ‘India: The Homecoming’ Campaign
Online travel company MakeMyTrip has collaborated with the Ministry of Tourism to launch a campaign encouraging Indians around the world to reconnect with their heritage. The campaign, titled “India: The Homecoming,” has been introduced in the lead-up to the 78th Independence Day and is specifically aimed at the Indian diaspora. Union Minister of Tourism & Culture, Gajendra Singh Shekhawat, emphasized…
Read More » -
Polls, Heatwave, Impacted Logistics Sector in June 2024 – Shriram Mobility Bulletin
The heatwave, delayed monsoons, elections led to stress in rural hinterlands impacting logistics sector in June 2024 Passenger vehicle sales experienced a notable decline, falling by 6.77% (YoY) and 7.18% (MoM) Inventory levels at vehicle dealerships have reached an all-time high, ranging from 62 to 67 days Even as prices of used trucks have risen sharply (YoY), there was some…
Read More » -
TVS Motor Company’s Sales Grow By 33% in February 2024
Two-wheeler sales up by 34% Exports grew by 85% TVS Motor Company recorded monthly sales of 368,424 units in February 2024 with a growth of 33% as against 276,150 units in February 2023. Two-Wheeler Total two-wheelers registered a growth of 34% with sales increasing from 267,026 units in February 2023 to 357,810 units in February 2024. Domestic two-wheeler registered growth…
Read More » -
Hyundai Verna and Royal Enfield Himalayan Win Top Honours at car&bike Awards 2024The 2024 car&bike Awards were held at Sofitel BKC, Mumbai on February 27th, 2024. In its 19th edition, celebrating the best cars and bikes to be launched in calendar year 2023, Hyundai’s all-new sedan Verna and Royal Enfield’s adventure bike, the new Himalayan emerged with maximum scores. A 7-member jury, each for cars and bikes, consisting of senior automotive journalists…
Read More » -
Prime Minister at the TVS Motor Pavilion, Company Showcases its Global Foray in Future Mobility
Only OEM in India to design, develop, and manufacture EV motor, battery, BMS, infotainment and VCU: end-to-end EV technology Company reiterated its commitment to invest INR 5,000 crore for future technologies, products, and digital capabilities TVS Motor Company (TVSM) – a leading global automaker that operates in the two and three-wheeler segments – showcased a suite of its made in…
Read More »
