TVS To Launch New Entry Level Bike
By Our Corporate Bureau | 03 Sep 2004
1
New
Delhi: TVS Motor Co Ltd will launch a new entry
level 100 cc motorcycle in October and expects to sell
40,000 units of the bike every month from April, its
chairman said on Thursday.
"We are aiming at an over 30 per cent share of the entry-level motorcycle segment with the TVS Star," Venu Srinivasan told reporters at an industry seminar. He said TVS expected to sell more than 800,000 motorcycles in the year to March 2005 and total vehicle sales were likely to be 1.4 million units.
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