Tuesday, 9 April 2013

TVS, BMW Motorrad sign pact, to launch sub-500cc bikes - indiatvnews.com

New Delhi, April 8: TVS Motor has officially announced a long-term cooperation agreement with BMW. Under the agreement, TVS will get the technology to develop and product a new series of motorcycles that will cater to the segment below 500 cubic centimetres.

The deal will be win-win proposition for both the companies as with the agreement, TVS will regain its lost market share, while BMW will get a platform to expand expand operations in India.

The BMW Motorrad model program comprises 19 premium motorcycle and scooter models from 650 to 1600 cc in the categories Enduro, Sport, Roadster, Tour and Urban Mobility.



via Technology - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFJOlu0z4ZaOjzQggtCMLdK1UOidQ&url=http://www.indiatvnews.com/business/india/tvs-bmw-motorrad-sign-pact-to-launch-sub-cc-bikes-5238.html




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