TVS working on a replacement model for Victor
Automotive News July 15th, 2007
TVS working on a replacement model for Victor
Indian two wheeler maker TVS Motor Company India has said that they are currently working on a replacement model for their Victor model to enhance the sales of their 100cc motorcycles.
The market is seeing a decline in sales of these bikes as consumers are increasingly preferring to buy more powerful bikes.
R Chandramouli, senior vice president (sales and marketing) said in a statement that they expect this new model to arrive in the market by the third quarter of the year.
He added that the company aims to refurbish their presence in this segment of the market with this new model.
He said: “The company has set up a special team to oversee the expansion of the service center network across the country, and expects a rise a in sales on the back of back it. We have identified 5,800 towns for the purpose and target 4,500 of them by 2008-09.”
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