TVS’s Stall at the Auto Expo 2012 : BikeAdvice |  |
- TVS’s Stall at the Auto Expo 2012
- Hero Motocorp Q3 Profits Rise By 43%
- Indian Bikes Sales Figure December 2011
- Bajaj Auto Q3 Net Profit Up 19%
| TVS’s Stall at the Auto Expo 2012 Posted: 20 Jan 2012 05:14 AM PST
Original Source: TVS's Stall at the Auto Expo 2012 from BikeAdvice.in Right besides the Honda's stall, TVS's was one stall which was full of glitz and gamour. Though they did not officially launch any product as such but had many interesting bits to lure people to their show, obviously apart from girls! Apart from their concept scooter Qube and off roader TVS RTR250fx which we have already reported, TVS had a lot of other stuff on display. 1) TVS displayed the 150cc step-thru Tormax Launched in Indonesia sometime back, Tormax 150 has a lot of technical advancements going in its favor. For one, it is a 3 valve liquid cooled 150cc engine which produces 13.2 PS of max power @ 8000 rpm. The other is its monoshock suspension. It weighs only 112 kgs. This makes me wonder, why ain't the 3 valve, liquid cooling and mono-suspension has not made to any of TVS bikes in India. This step-thru in Black-yellow combo was showcased by TVS. I don't feel it would make it into a market which is not known for step thrus, however the technology I am sure would make it to TVS bikes very soon. 2) TVS displayed the Automatic Transmission Technology TVS had kept the engine which deploys the new 'TVS Automatic Transmission' on display. TVS has indigenously developed this tech and it employs Automatic Transmission in place of the conventional Continuously Variable Transmission Technology known as CVT. According to TVS this technology will enhance fuel efficiency by 20 percent. It allows change of gears effortlessly through electronic control. It also comes with an innovative ECU (Electronic Control Unit) which helps in enhancing the performance and fuel efficiency of the engine. TVS has high plans of applying this innovative technology on many forthcoming products. 3) TVS displays refreshed Star City TVS had also on display a refreshed Star City which had some snazzy graphics running all around the body of the bike. In a combo of black, white & green the bike did look fresh. 4) TVS displays 125cc Radeon 125DX Also on display was an unknown (at least to me) motorcycle called as Radeon 125DX. By the badging it looked like a 125cc motorcycle. Ironically, it looks exactly the same as the new Jive in its new refreshing colors with a changed badge. I don't know if TVS wants to gauge public response and launch this in India. 5) TVS Wego in metallic finish TVS also displayed a metallic finished spanking new orangish red colored unisex scooter Wego. 6) Scooty Streak in black color The 90cc Scooty Streak had a black-green color combo on display 7) Scooty Pep+ in new color The predominantly female oriented scooter Scooty Pep+ had a new color combo on display. The scooter in white with red graphics was on display. There was also a tinge of silver all across the scooter. Apart from these, their regular models like the TVS Sport ES, Apache RTR160 HyperEdge yellow, Apache RTR180 in matt grey and Apache RTR 180 ABS in white were also showcased. Incidentally, TVS did not have on display their clutchless wonder Jive and the controversial 125cc Flame. By, |
| Hero Motocorp Q3 Profits Rise By 43% Posted: 20 Jan 2012 02:24 AM PST
Original Source: Hero Motocorp Q3 Profits Rise By 43% from BikeAdvice.in I know so many people who were very sure that the Hero group will not be able to sustain the momentum in which they were doing business in the Indian market following the split with the Honda group. Hero MotoCorp, world's largest two – wheeler manufacturing company has posted its highest ever profits for a quarter with a growth rate of 43 per cent, despite the fact that its turnover (INR 6,031 crore) touched the highest in this period of 3 months. The Net sales for the company in this period went up by 17 per cent, as two-wheeler sales for the three month period peaked at 15.89 lakh units. HMC has managed to sell a little over half a million units every month in this quarter. "We are well in line to meet our guidance for over six million unit sales in the fiscal 2012," Mr Pawan Munjal, Managing Director & Chief Executive Officer, Hero MotoCorp said. The two-wheeler maker’s EBITDA margin in the third quarter stood 15.6 per cent, though raw material costs were up 19 per cent to Rs 4,453 crore. "In FY12, the industry has been facing constraints of rising fuel prices, high interest rates and a sharp rupee depreciation, leading to increased input costs impacting the margin. He then added, "We have also seen a softening in commodity prices of late, which has, however, been offset by the rupee depreciation. While we expect market demand for two-wheelers to remain stable, a lot will depend on the overall economic and political scenario, going forward." Business Line has recently reported that 'the profits could have been even higher, if not for about Rs 180 crore royalty reportedly paid to erstwhile Japanese partner Honda in the quarter. This is part of the Rs 2,400-crore royalty payable till June 2014 under a licensing agreement.' Royalties were expected by the company's side to go up, with the yen appreciating by as much as 20 per cent during this period. Hero MotoCorp plans to launch three new models in the next few months — the 110cc Passion X Pro, a 110cc scooter, Maestro, and a 125cc bike, Ignitor. However, the company displayed all these models in the Delhi Auto Expo 2012. Hero MotoCorp has also decided to strengthen its Research And Development (R&D) facilities in order to take the company to the next level and to sustain its position in the Indian market on the long run. The company is also concentrating a lot on the Hybrid technology, which has got a great potential out here. Hero Leap which was showcased in the Auto Expo is another example for the company's efforts of thinking big. The company has also been in discussion with international design houses and technology suppliers for collaboration to develop new models. Leave your thoughts about the company's future in the box below. Regards, |
| Indian Bikes Sales Figure December 2011 Posted: 20 Jan 2012 12:41 AM PST
Original Source: Indian Bikes Sales Figure December 2011 from BikeAdvice.in Hero MotoCorp: The world's no. 1 two wheeler company has posted growth of 7.82% in the month of December 2011 compared to December 2010. The company has sold 5,40,276 units of two wheeler in the month of December 2011 compared to 5,01,111 units of two wheeler sold in the month of December 2010. This is by far company's highest ever sales for December till the date. On the month on month basis the sales is up by 0.65%. The company sold 5,36,772 units in the month of November 2011. Hero Honda Pleasure is continuously crossing 35,000 units a month mark. The company has reported sales of 46,63,238 units for the period of April to December 2011 up by 18.12% compared to 39,47,983 units during the same period last year. The company sold record 6,117,599 units of two-wheelers in the period January-December 2011, a growth of 19.2% over the calendar year of 2010 when it had sold 5,134,549 two-wheelers. Hero MotoCorp Senior Vice President (Marketing and Sales), Mr Anil Dua, commented "The year 2011 has been extremely positive and eventful for the company. We donned a new brand identity this year and introduced the country's first on-road, off-road bike Impulse, our first model to be launched under the new Hero brand name. Throughout the year, our sales performance has made consistent progress. We reached new milestones early this year with record sales and managed to keep it in excess of half a million units per month. Going forward, we intend to further consolidate our leadership position with new launches combined with focused communication and network expansion." The first nine months figure suggest that the company will easily achieve its 6 million units target. The company has launched three new products in Auto Expo 2012, Passion Xpro, Maestro & Ignitor under its new brand identity Hero. It also showcased its first hybrid concept scooter LEAP. The company is also looking for establishing fourth plant which will become operational by second half of financial year 2012-13. Beside this the company is looking to expand its present capacity of 6.15 million units to 7.0 million units. Bajaj AutoCountry's second largest two wheeler maker, Bajaj Auto has reported growth of 8.22% in the month of December 2011. The company has sold 2,63,699 units of motorcycle in the month of December 2011 compared to 2,43,675 units in the month of December 2010. This is by far company's highest ever monthly sales for December month in company's history. The company exported 1,19,708 units in the month of December 2011 up by 25.50% compared to 95,388 units in the month of December 2010. On the month on month basis sales is down by 20.56%. The company sold 3,31,967 units in the month of November 2011. The company's total sales stood at 3,05,690 units in the month of December 2011 up by 10.44% compared to 2,76,803 units in the month of December 2010. The company has sold 29,37,157 units of two wheeler during April to December 2011 period up by 15.17% compared to 25,50,372 units sold during the same period last year. Combined sales of brand Pulsar have crossed 5 million marks which is remarkable for Bajaj Auto. The December month sales figure suggested that the company has flat sales for domestic market. There is also concern that the company will not achieve its 4.6 million unit target which was revised to 4.5 million units and now further revised to 4.4 million units. The company may achieve 20% growth in value terms but it would not achieve the same in volume front. The company still bullish for the year 2012 as its' going to launch three new motorcycle, starting with Duke 200 on 24th January. TVS MotorsTVS Motors has posted de growth of 0.27% in the month of December 2011. The company has sold 1,67,905 units in the month of December 2011 compared to 1,68,359 units sold in the month of December 2010. Total sales stood at 1,70,428 units in the month of December 2011 down by 0.79% compared to 1,71,790 units sold in the same period last year. On the month on basis the company's sales is down by 2.85%. The company sold 1,72,829 units of two wheeler in the month of November 2011. Domestic sales stood at 1,46,747 units in the month of December 2011 down by 1.75% compared to 1,49,357 units sold in the month of December 2010. Export stood at 21,158 units in the month of December 2011 up by 11.35% compared to 19,002 units sold in December 2010. The company sold 44,804 units of scooter in the month of December 2011 up by 7.18% compared to 41,804 units of scooter sold in the month of December 2010. Motorcycle sales stood at 56,662 units in the month of September 2011 down by 7.74% compared to 61,414 units sold in the month of December 2010. Moped sales stood at 66,439 units in the month of December 2011. The company has sold 16,37,993 units during April 2011 to December 2011 period up by 10.29% compared to 14,85,102 units in the same period last year. "As a result of lower overall economic growth, high inflation, increased fuel prices and interest rates, we expect some moderation in the growth of two wheelers over the next three to six months. Hence we did not want to increase trade stocks. Consequently billing for the month is lower than our initial indication,” TVS Motor said in a statement. Share on Facebook |
| Bajaj Auto Q3 Net Profit Up 19% Posted: 20 Jan 2012 12:37 AM PST
Original Source: Bajaj Auto Q3 Net Profit Up 19% from BikeAdvice.in Bajaj Auto, India’s second largest motorcycle manufacturer posted a 19 per cent rise in its third quarter net profit. The company has reported a net profit of INR 795 crores for the third quarter which ended in the month of December 2011, compared with INR 667 crores which was the net profit attained by Bajaj Auto a year ago.
“We are quite optimistic on the stock. The company has done very well even in tough market conditions during 2011,” said Mr. G Chokkalingam, Executive Director & Chief Investment Officer, Centrum Wealth Management. “Going forward, we firmly believe that the stock will do well and the sector as a whole would benefit from expected interest rate reversal,” added Mr. Chokkalingam. Economic Times has compiled analyst views on Bajaj Auto and two-wheeler sector as a whole: Spark Capital AdvisorsAverage realization growth of 3.9% QoQ has been largely driven by higher export realizations. Export realizations increased by 9.9% QoQ due to favorable currency movement. However, domestic average realization growth was flat at 0.65% with no product mix benefit on a sequential basis. In the ensuing quarters, we believe exports will continue to outgrow domestic business. At CMP of Rs.1,462 the stock trades at 12.2x FY13E EPS. We currently have an Add-Outperform rating on the stock Microsec Capital LtdBajaj Auto’s net sales increased by 20% to Rs 4840 crore YoY and decreased by 4% QoQ while its adjusted PAT increased by 28% YoY and 4% QoQ to Rs854 crore. At the CMP of Rs1460, the stock discounts its FY12E EPS of INR110.5 by 13.2x. Technical View: Ranajit Kumar Saha, Sr. Manager- Technical Research, Microsec Capital Ltd Bajaj Auto has been consolidating in the range of 1400 and 1500 since last fifteen days. The short term crucial resistance of the stock is at 1503 (near 200 DMA). If it breaks 1400, it may further go down to 1350. For the stock to turn positive, it first needs to consolidate above 1503. Marwadi Shares & FinanceMarwadi Shares & Finance is of the view that Bajaj Auto’s earnings are above expectations and the company has benefited from rupee depreciation. The company has clearly benefited from rupee depreciation on exports revenue, which has offset the slowdown in the domestic side and that in our view increases EBITDA margins by 100-125bps. Thanks to The Economic Times Regards, |
The Net sales of the company rose to INR 4840 cr from INR 3980 cr year ago.| You are subscribed to email updates from BikeAdvice.in To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
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