Norton Motorcycles, a producer of premium hand-crafted motorcycles and part of TVS Motor, has announced that Dr. Robert Hentschel will step back from his role as Chief Executive Officer, effective immediately, and will transition to a non-executive director role within the company. Since 2021, Robert has been instrumental in strengthening Norton`s foundations, guiding the company through crucial stages of its growth plan and establishing a strong operational base. He has fostered a strong, synergistic relationship with parent TVS Motor Company, which has been pivotal in advancing Norton`s progress and setting the stage for future success.To support Norton`s continued growth, the company has introduced an updated leadership structure. Nevijo Mance will join as Executive Director, overseeing all upstream business operations. In this role, he will lead product design, development and engineering, manufacturing, procurement, quality control, and supply chain management. Nevijo`s focus on these areas will ensure that Norton maintains its high standards of craftsmanship, quality, and innovation, setting a strong foundation for delivering world-class motorcycles to its customers. Richard Arnold, appointed as Executive Director in June 2024, will manage downstream business operations, including marketing, brand management, sales, distribution, customer relationship management, after-sales service, product management, and public relations. His role will centre on enhancing customer experience, expanding Norton`s market reach, and strengthening the brand`s presence across global markets. This will ensure that Norton`s commitment to quality and customer satisfaction is reflected in all customer interactions with the Norton brand. Powered by Capital Market - Live News

TVS Motor Company (TVSM) today announced launch of a new variant the TVS Raider iGO to celebrate surpassing one million sales milestone for this brand. TVS Raider is the most awarded and tech loaded 125 cc motorcycle, that has redefined industry standards since its launch. The newly launched TVS Raider boasts of the �boost mode�, a category first feature enabled by iGO Assist technology. To commemorate this milestone, the TVS Raider has launched the fastest 125 cc motorcycle in the segment, further exemplifying its commitment to cutting-edge technology. The variant features a stunning new Nardo Grey colour complemented by red alloys, along with an upgraded reverse LCD Connected cluster packed with over 85 connected features. This combination enhances the motorcycle`s sporty and premium appeal, ensuring exciting , safe and connected ride. The TVS Raider equipped with iGO Assist delivers the class leading torque of 11.75Nm@6000rpm. The iGO assist also enables rider with an acceleration from 0 to 60 km/h in just 5.8 seconds with its first-in-segment feature, the boost mode. In addition there is a 10% improvement in fuel efficiency, thus providing an unparalleled and thrilling riding experience like never before! Powered by Capital Market - Live News

Net profit of TVS Motor Company rose 45.08% to Rs 560.49 crore in the quarter ended September 2024 as against Rs 386.34 crore during the previous quarter ended September 2023. Sales rose 13.78% to Rs 11301.68 crore in the quarter ended September 2024 as against Rs 9932.82 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales11301.689932.82 14 OPM %14.3713.54 - PBDT1146.81912.90 26 PBT887.52675.77 31 NP560.49386.34 45 Powered by Capital Market - Live News

TVS Motor Company announced the launch of TVS HLX 125 with 5-gears in Kenya. The new motorcycle offers powerful yet efficient features. It has best-in-class durability, requires minimal maintenance, has a superior engine, provides excellent mileage and performs across terrains. Enhanced features in this variant include battery-saving headlamps for improved visibility, a convenient flat footrest, dura grip tubeless tyres with an 18-inch alloy rear wheel and an increased wheelbase for comfortable maneuverability and better stability. Additionally, the new TVS HLX 125 variant in Kenya gets an extended vehicle warranty of upto 50,000 KM/ 18 months. The variant comes with new graphics and a choice of three colours - black, red and blue - with stylish black-themed alloy wheels and rim tape. Introducing the all-new TVS HLX 125 with 5-gears, Rahul Nayak, Vice President, International Business, TVS Motor Company, said, �TVS HLX has been a strong performer consistently catering to last mile connectivity for people and goods across Africa. The product that reinstates the customer`s trust and confidence has achieved a 10 year milestone in Africa and sold more than 3.5 million vehicles globally. TVS HLX 125 will elevate the riding experience of our valued customers and set a benchmark in performance, safety and reliability making it the first preference.� Powered by Capital Market - Live News

TVS Motor Company will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live News