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TVS Motor increases capital expenditure by 75%: xBhp News

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  • TVS Motor increases capital expenditure by 75%: xBhp News

    TVS Motor has planned to increase its Capital Expenditure by 75% from 100 crore to 175 crore.

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    The investment is to support the two new launches planned in this financial year. The two launches will consist of a scooter and a motorcycle. These launches will be extremely important for the company as the has been continuously losing market share to Honda and Bajaj.

    The entire portfolio of the company will get upgrades this year. Whether these upgrades will be cosmetic or will there be new features is as yet uncertain. The launches and upgrades can be expected during the second half of the year.

    TVS Motors sales fell by 5% in April 2013, where it fared better better than its Indian counterparts Hero and Bajaj, who lost 10% of its sales.

    Source: TVS Motor lines up Rs 175 crore capex for new launches | Business Standard

  • #2
    re: TVS Motor increases capital expenditure by 75%: xBhp News

    News Approved
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    • #3
      re: TVS Motor increases capital expenditure by 75%: xBhp News

      Yawn! This company will never learn from its past.

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      • #4
        re: TVS Motor increases capital expenditure by 75%: xBhp News

        hmmnn, they are going to spend more this year.... and next year onwards probably even more, tie up with BMW isn't going to be cheap.

        btw, which motorcycle is planned for launch this year...??
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        • #5
          re: TVS Motor increases capital expenditure by 75%: xBhp News

          Originally posted by NewsReaper View Post
          TVS Motor has planned to increase its Capital Expenditure by 75% from 100 crore to 175 crore.

          The investment is to support the two new launches planned in this financial year. The two launches will consist of a scooter and a motorcycle. These launches will be extremely important for the company as the has been continuously losing market share to Honda and Bajaj.
          The company is planing to launch the vehicles in another 6-8 months and they are planning to spend some more amount in this period. Is it not too late in cycle to spend money on research at this last moment? The product should have been fairly stabilised and tested rigoursly by now if its supposed to be launched in second half of the year. Does it mean launch is going to get delayed or the amount is actually for some other products being developed like the new ones coming out with BMW help?

          Originally posted by princesirohi View Post
          hmmnn, they are going to spend more this year.... and next year onwards probably even more, tie up with BMW isn't going to be cheap.

          btw, which motorcycle is planned for launch this year...??
          New Victor and 125 scooter or Qube hybrid.

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          • #6
            re: TVS Motor increases capital expenditure by 75%: xBhp News

            Now as TVS has collaborated with BMW,it will learn to manufacture good and durable bikes with smooth engine.

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            • #7
              re: TVS Motor increases capital expenditure by 75%: xBhp News

              Originally posted by 0mnipresent View Post
              Now as TVS has collaborated with BMW,it will learn to manufacture good and durable bikes with smooth engine.
              Its verry long...where is the Qube & the Victor.... I'm waiting for the Qube...err
              truth is stranger than fiction, everywhere!!

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