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TVS Motor: TVS Motor's product mix, caution on EV discounts help retain edge - Vimarsana News

TVS Motor: TVS Motor's product mix, caution on EV discounts help retain edge

A better product mix and a judicious call on staying away from EV scooter discounting should fatten margins. The maker of Apache expanded its margins by 114 basis points on a year-on-year basis to 11.2% in the December quarter and its operating profit (Ebitda) per vehicle rose to a record high of ₹8,397. One basis point is 0.01 percentage point.

Tata Motors is offering discounts of up to Rs 1.10 lakh on Tiago and Tigor EV - Vimarsana News

Tata Motors is offering discounts of up to Rs 1.10 lakh on Tiago and Tigor EV

For those interested in purchasing the Tigor EV compact sedan, there is a substantial discount of up to Rs 1.10 lakh. This includes a flat cash discount of Rs 50,000 on the model's sticker price, as well as an exchange bonus of Rs 50,000.