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TVS Phoenix to launch late September
Posted on 14 Sep 201236,580 Views11 Comments
New 125cc commuter from the Chennai based bike maker to compete against the likes of Honda Stunner
Facing stiff competition from Japanese players like Honda, country's largest two wheeler maker Hero MotoCorp and Bajaj Auto, TVS Motor Company has planned to launch a new product every quarter, a top company official said today.
The first in this initiative would be the 125cc motorcycle Phoenix, expected to hit the roads later this month, TVS Motor Company Chairman Venu Srinivasan said at company's 20th Annual General meeting here.
"We had some issues in motorcycle (segment). We were competing with top players across (various) models. We will consolidate our position in next 15 months with several launches. We will have a new product every quarter," he said. Related: TVS to launch four bikes in 2012 - 13
He said the company's 125cc motorcycle Phoenix would be introduced later this month. "We did not have much presence in this segment. We hope it will change the position of TVS Motor Company (after the launch)," he said.
According to company officials, in the 125cc segment TVS Motor Company has TVS 'Flame' competing with Honda's CB Shine, Hero's Super Splendour and Bajaj Discover. TVS Motor Company offers 110cc TVS Star City, TVS Sport, auto-clutch TVS JIVE and 160cc Apache in the premium segments.
As part of reducing costs, Srinivasan said the company also plans to simplify the parts during the next three years.
The plan is to simplify the number of parts (used in the two-wheeler). "We will try to bring it down to two or three (platforms) from the multiple platforms. It would decrease the cost involved and improve their margins,” he said
Two-wheeler major TVS Motor Company reported 20.6 per cent dip in sales at 1.55 lakh units in August 2012. The city- based company had sold 1.95 lakh units during the same month last year.
Sales of two-wheelers plunged to 1.51 lakh units in August this year as against 1.90 lakh units recorded in August, 2011, the company said in a statement.
Sales of motorcycles declined to 53,673 units in August this year from 77,726 units sold in the same month of last year.
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Readers' opinions ( 11 )
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Samir Joshi
I would like to travel Across in India by bike to spred massage of Peace Ishwar Alla tero Naamsabko sanmati de Bhagvan will u be sponser I am 42 yersw young living in Gandhidham-Kutch Gujrat
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atul
it is a good approch by indian bike makers to provide new features in same price. Hero is offering this bike in same cost of stunner with lods of features
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Chetan
TVS service sucks.. Thats why they are taking the beating. but they dont understand this, they are gonna die soon
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srijith
TVS will die a slow death like Kinetic
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John James
Tvs company will never die from competition. More-soever it is coming with bigger bikes for your information. Not so with the case of Kinetic,a company could not able to meet the changes.
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Zero the hero
Its and bits of different models will make up this bike. That is why TVS brand has taken such a beating for being copycats. No doubt the products are good but the looks should match up. I bet it will be a mix-up of stunner-apache-impulse.
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