Rolls-Royce Sells Over 6000 Cars In 2022, Highest Ever In Its 118-Year History

Highlights Rolls-Royce sold 6,021 cars globally in 2022. This is the first time that the company's annual sales has crossed 6,000 units. The USA remained the company's largest market, followed by China. Uber-luxury car marque, Rolls-Royce Motor Cars, has released its sales number for the 2022 calendar year. Between January and December 2022, the British brand registered 6,021 units in sales, the highest-ever annual sales. In fact, this is the first time in the company's 118-year history that its sales have exceeded 6,000 in a single 12-month period. Compared to the 5,586 vehicles sold in 2021, Rolls-Royce witnessed an annual growth of 8 per cent year-on-year. Commenting on the company's performance, Torsten Müller-Ötvös, Chief Executive Officer, Rolls-Royce Motor Cars said, “2022 has been a momentous year for Rolls-Royce Motor Cars. Not only did we reveal Rolls Royce Spectre, our marque’s first ever fully electric series model to the world, it was also the first year we ever delivered more than 6,000 cars in a single 12-month period, with strong demand across our entire product portfolio. But as a true House of Luxury, sales are not our sole measure of success: we are not and never will be a volume manufacturer. Bespoke IS Rolls-Royce, and commissions were also at record levels last year, with our clients’ requests becoming ever more imaginative and technically demanding – a challenge we enthusiastically embrace.”

TVS Motor

TVS Motor launches The New TVS Metro Plus 110 in Bangladesh TVS Motor Company announced the launch of its TVS Metro Plus 110 refresh in Bangladesh. The motorcycle boasts upgraded features that are identified as customer needs in this segment. The renewed styling and safety aspects of the product will cater to the new generation and the growing customer demand in the Bangladesh market. The New TVS Metro Plus 110 has an elevated stylish quotient with look, a premium 3D logo and a stylish dual-tone muscular fuel tank. The motorcycle is known for its technologically advanced features delivering on the commuter needs of mileage, safety, comfort and style. The product has an array of impressive features such as an all-gear electric start, aluminium grab rail, chrome muffler guard and a sporty instrument cluster. The motorcycle will be available in Electric Start Alloy Wheel variants and will come in three colour schemes - with two new dual-tone colours. TVS Metro Plus has sold over 1.2 lakhs units in Bangladesh since its first launch and delivers the best in-class mileage of 86kmpl. TVS Motor Company offers a standard two-year warranty and six free services on all the TVS products. The New TVS Metro Plus 110 will be available at all TVS Auto Bangladesh showrooms.Powered by Capital Market - Live News

Tata Motors

Tata Motors reported a 15 percent on-year increase in wholesale sales of Jaguar Land Rover to 79,591 units, a sequential increase of 5.7 percent. The growth was driven by North American, British and Overseas markets, while there was a decline in volumes in China and Europe. The retail sales at 84,827 units were up 5.9 percent on year but down 3.7 percent sequentially. JLR has a record order book of over 2.15 lakh units.

TCS

3Q revenue of 582.3Bln Rs. Vs est of Rs.572.08 bln

3Q Net income of Rs.108.5 bln vs Rs. 110.65 Bln

Spl divided of Rs. 67/share. Interim dividend of Rs. 8/share

SONA BLW PRECISION FORGINGS

SONA BLW PRECISION FORGINGS to acquire ~ 54% equity in NOVELIC D.O.O. BEOGRAD - ZVEZDARA which develops ADAS Sensors and software || DEAL FOR 40.5M EUROS (to be paid in 2 years / 3 tranches)

The deal value is ~1 year PAT at current rate NOVELIC’s capabilities will help Sona Comstar to grow in the area of autonomous and connected vehicle technologies by utilizing sensors and perception solutions, Brief Background about NOVELIC : NOVELIC is the world's leading self-sustaining provider of mmWave radar sensors, perception solutions, and full-stack embedded systems. During more than ten years of market presence NOVELIC has built an extensive portfolio of mmWave radar solutions and perception solutions that enable off-the-shelf and custom product focused on autonomous driving and automation. NOVELIC also does fullcycle development of electronics and software services based on its hardware-in-loop (HIL) systems, control systems, ECU hardware/software platform, annotation tools and other in-house platforms. The transaction scope also includes acquisition of Nirsen d.o.o. Beograd-Zvezdara (Nirsen), an entity owned by the founders of NOVELIC, engaged in chip designing business.

ZERO-COVID

 CHINA REOPENS BORDERS IN FINAL FAREWELL TO 'ZERO-COVID' POLICY

Titan

12% growth on such a strong n high base which had pent up+revenge spending+jewellery shopping post unlock

Emerging biz growth of 78% is just too good Solid solid traction Amazing execution from Titan.

Insane resilience in the business! Strong Q3 Update: - Good Growth on a High Base, Strongest growth in New Businesses - Total Sales +12% in Q3, Total Store Adds at 111 This, at a time when other companies are struggling to get double digit growth!

Jewellery Biz: - Grows 11% on a base of 37% growth last year - Jewellery Biz grows ~24% QoQ Co Says: - Sales from studded category moderately outpaced gold - Saw health new buyer additions and higher value purchases - Adds 22 new Jewellery stores in Q3

And here's my favorite part: - Fashion & Fragrance +39% - Taneira Sales +150% - Taneira store count at 36 Smaller verticals of the company are growing at an insane pace. The company has tall targets for these businesses. Good to see them get traction here.

Delivers a healthy double digit growth YOY despite a very high base All segments grows in double digits Jewellery 11% Watches 14% Eyecare 10% Emerging business 75% Taneria150% F&FA 39% Consol: Engg58% Caratlane50% 129 new stores