TVS launches 2015 Edition of Phoenix 125
- Apr 30, 2015
- Views : 18559
South India based two-wheeler maker TVS expects a 2.5 per cent boost in market share with the launch of its 125cc Phoenix. Currently TVS has a seven per cent market share. To achieve its target it needs 20,000 units monthly sales of the Phoenix.
Arun Siddarth, GM (Marketing Motorcycles) said, "Our market share in motorcycles segment will go up by 2.5 per cent to 9.5 per cent because of the launch of our deluxe Phoenix 125cc bike. In 125cc segment, we expect 11-12 per cent market share. We have developed an all-new engine for 125cc motorcycle. This launch will increase our market share in the segment.”
However the prospects seem difficult as its Q2 results showed a decline, with 1.67 lakh units against 2.4 lakh units sold in the corresponding year.
TVS launches 2015 Edition of Phoenix 125
TVS Phoenix Launched
TVS Phoenix to launch late September
2024 Mahindra XUV 3XO Interior Revealed: Old vs New Compared
Hyundai Creta EV Possible India Debut Timeline Revealed
Bajaj Pulsar NS400 Teased Again Ahead Of Its Launch
2024 Mahindra Thar 5-door Base Variant Spotted On Test
You Can Now (Unofficially) Book The Mahindra XUV 3XO
5 Features Upcoming 2024 Maruti Suzuki Dzire Is Expected To Get Over...
Bajaj Pulsar NS400 Spied For The First Time, Ahead Of Its Launch On...
India's largest automotive community