
TVS Motor launches all new TVS HLX 150 5G in Congo
The new TVS HLX 150 5G has always been capable of carrying more load and passengers in any topography - hilly terrain or bad road - due to its 5 gear transmission and a powerful engine. The tubeless tyres provide better stability and control, reduced downtime and reliable performance on long journeys. The long, comfortable seat has ample space and support for both rider, passenger and extra pillion or load. The seat is for fatigue free riding over long distances. A big, strong carrier, gives a robust and spacious platform to carry heavy loads securely. The vehicle is rugged and reliable for challenging terrains.
The TVS HLX series, first launched in Africa in 2013, is now a community of 4 million customers. It is sold in 57 countries across Latin America, Africa and the Middle East. The TVS HLX series has been a bellwether in easy mobility solution for personal commute, motorcycle taxi and delivery segments.

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Mint
2 days ago
- Mint
GST rate cut hopes drive nearly ₹1 lakh crore rally in Nifty auto stocks
Maruti Suzuki, Hyundai Motor, TVS Motor Company, and other auto stocks saw a massive rally in Monday's session after the government announced plans for sweeping changes to the goods and services tax (GST) regime. Analysts believe the reforms could revive demand in the auto sector, which has remained muted in recent quarters. Fourteen out of the 15 constituents of the Nifty Auto index closed with sharp gains, led by Maruti Suzuki, which surged 8.8% to ₹ 14,068 apiece, its biggest intraday jump in the last five years. Other major gainers included Ashok Leyland, TVS Motor Company, Hero MotoCorp, MRF, Mahindra & Mahindra, and Eicher Motors, all rising between 2.6% and 8%. The rally boosted the combined market capitalization of the 14 auto stocks by nearly ₹ 1 lakh crore, taking the sector's total m-cap to ₹ 22.56 lakh crore. In his Independence Day address, Prime Minister Narendra Modi announced significant GST reforms, the most comprehensive since the rollout in 2017, announcing the ushering in of a two-tier GST structure—a reform billed as the 'next generation of GST,' expected to take shape by Diwali, as per sources. The current GST tax structure has four main categories of rates, at 5%, 12%, 18%, and 28%. The proposed changes will see the number of categories reduced to two, with most goods that were taxed at 12% and 28% now taxed at the lower rate of 5% and 18%, respectively. Even though changes to the GST had been discussed for years, the timing of the announcement in Modi's Independence Day speech was a surprise to many. The move comes against the backdrop of President Donald Trump's threat to double tariffs on Indian exports to the US to 50% by August 27 to penalize the country for buying oil from Russia. Automobiles, currently under the 28% slab, would move to 18% if the proposal is approved, which analysts believe could lead to price cuts and potentially revive sales. Auto manufacturers have been struggling in recent quarters amid weak urban demand, with many shifting focus to exports to sustain growth. Hero MotoCorp and Bajaj Auto both reported muted sales growth in the June quarter, while Maruti Suzuki and Hyundai Motor also posted flat passenger vehicle sales. If implemented, the GST cut would offer much-needed relief for the Indian automobile sector. 'Autos fall under the 28% GST bracket. If autos move to 18% and we see sharp price drops, this could drive the next auto upcycle, similar to 2008,' said Morgan Stanley. 'Currently, GST on passenger vehicles ranges from 29% to 50%, as a cess is imposed on top of GST based on the vehicle's size and engine capacity. In the new regime, the government may reduce the tax on smaller cars to 18% (from 28%) and move bigger cars to a 'special rate' of 40% while scrapping the cess. This could lower prices of smaller cars by around 8% and larger cars by 3–5%,' HSBC noted. GST reduction would negatively impact government revenues in the near term but drive-up Auto demand and hence job creation in India. PVs generate USD14-15 billion in GST collection, and 2Ws USD 5 billion, said the brokerage. Domestic brokerage Motilal Oswal added that passenger vehicles and commercial vehicles, currently taxed at 28%, will benefit most from the cut. Maruti Suzuki, Tata Motors, and Ashok Leyland are well positioned to gain from lower effective prices and higher volumes.


Mint
2 days ago
- Mint
GST rate cut hopes drive nearly ₹1 lakh crore rally in Nifty auto stocks
Maruti Suzuki, Hyundai Motor, TVS Motor Company, and other auto stocks saw a massive rally in Monday's session after the government announced plans for sweeping changes to the goods and services tax (GST) regime. Analysts believe the reforms could revive demand in the auto sector, which has remained muted in recent quarters. Fourteen out of the 15 constituents of the Nifty Auto index closed with sharp gains, led by Maruti Suzuki, which surged 8.8% to ₹ 14,068 apiece, its biggest intraday jump in the last five years. Other major gainers included Ashok Leyland, TVS Motor Company, Hero MotoCorp, MRF, Mahindra & Mahindra, and Eicher Motors, all rising between 2.6% and 8%. The rally boosted the combined market capitalization of the 14 auto stocks by nearly ₹ 1 lakh crore, taking the sector's total m-cap to ₹ 22.56 lakh crore. In his Independence Day address, Prime Minister Narendra Modi announced significant GST reforms, the most comprehensive since the rollout in 2017, announcing the ushering in of a two-tier GST structure—a reform billed as the 'next generation of GST,' expected to take shape by Diwali, as per sources. The current GST tax structure has four main categories of rates, at 5%, 12%, 18%, and 28%. The proposed changes will see the number of categories reduced to two, with most goods that were taxed at 12% and 28% now taxed at the lower rate of 5% and 18%, respectively. Even though changes to the GST had been discussed for years, the timing of the announcement in Modi's Independence Day speech was a surprise to many. The move comes against the backdrop of President Donald Trump's threat to double tariffs on Indian exports to the US to 50% by August 27 to penalize the country for buying oil from Russia. Automobiles, currently under the 28% slab, would move to 18% if the proposal is approved, which analysts believe could lead to price cuts and potentially revive sales. Auto manufacturers have been struggling in recent quarters amid weak urban demand, with many shifting focus to exports to sustain growth. Hero MotoCorp and Bajaj Auto both reported muted sales growth in the June quarter, while Maruti Suzuki and Hyundai Motor also posted flat passenger vehicle sales. If implemented, the GST cut would offer much-needed relief for the Indian automobile sector. 'Autos fall under the 28% GST bracket. If autos move to 18% and we see sharp price drops, this could drive the next auto upcycle, similar to 2008,' said Morgan Stanley. 'Currently, GST on passenger vehicles ranges from 29% to 50%, as a cess is imposed on top of GST based on the vehicle's size and engine capacity. In the new regime, the government may reduce the tax on smaller cars to 18% (from 28%) and move bigger cars to a 'special rate' of 40% while scrapping the cess. This could lower prices of smaller cars by around 8% and larger cars by 3–5%,' HSBC noted. GST reduction would negatively impact government revenues in the near term but drive-up Auto demand and hence job creation in India. PVs generate USD14-15 billion in GST collection, and 2Ws USD 5 billion, said the brokerage. Domestic brokerage Motilal Oswal added that passenger vehicles and commercial vehicles, currently taxed at 28%, will benefit most from the cut. Maruti Suzuki, Tata Motors, and Ashok Leyland are well positioned to gain from lower effective prices and higher volumes. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.


Hindustan Times
6 days ago
- Hindustan Times
TVS to roll out a new model on September 1. Is it Ntorq 150?
TVS Motor Company has grabbed a sizeable share of the Indian sporty scooter segment with its Ntorq. Now, the homegrown two-wheeler manufacturer seems to be gearing up to ramp up its market share with a new sporty scooter. While the two-wheeler manufacturer has not revealed the specifications and further details, the image that came along with the event invite hints that it could be a bigger sibling of the current Ntorq. In that case, it could come as the Ntorq 150 . The upcoming TVS Ntorq 150, as the speculations are, could come as one of the most exciting products. Slated to debut on September 1, right ahead of the festive season, the timing is also strategic. The festive season is considered the most prosperous time for automakers in India, as this is the time every year, OEMs register a massive number of sales. Upon launch, the TVS Ntorq 150 scooter will compete with rivals such as Yamaha Aerox 155, Aprilia SR175, and the Hero Xoom 160. In the teaser clip, TVS has revealed a striking quad-projector LED headlight setup of the upcoming two-wheeler. The aggressive design is paired with a familiar T shape in the middle, while there is a deep, bassy exhaust note. All of these hint at a sporty scooter, and the design characteristics indicate that it could be the Ntorq 150. Expect it to run on 14-inch alloy wheels at both ends, which would be first for a TVS scooter. This would result in better stability and improved rough road performance. For braking duty, it would get a rear disc brake along with the front unit and a 5.0-inch TFT instrument cluster from the Raider 125. TVS has not revealed anything about the specifications of the upcoming model. However, under the skin, it would get a 150 cc engine that would be capable of churning out 12 bhp peak power and 13 Nm of maximum torque. Check out Upcoming Bikes In India. First Published Date: