TVS Motor adds 4 new models in Bangladesh

TVS Motor Company has launched four new products in Bangladesh. The products include premium motorcycle TVS Apache RTR 160 4V single disc, 125cc motorcycle TVS Max 125, 100cc motorcycle TVS Metro special edition and utility vehicle TVS XL100 Heavy Duty-‘i-Touch Start’. These products will target the growing customer demand in each of their respective segments. The company’s new product offerings are designed to cater to the specific requirements of the Bangladesh market.

In March, TVS Motors had reported a marginal decline in total sales at 3,25,345 units as against 3,26,667 units in the same month last year. Two-wheeler sales during the month stood at 3,10,901 units in March 2019 as against 3, 15,773 in March 2018, down 1.54 per cent. Motorcycle sales increased by 4.95 per cent to 1,41,086 units from 1,34,420 units from March last year while scooter sales reduced to 2.47 per cent to 98,477 units in March as against 1,00,972 units in the corresponding period last year.

On Monday, TVS Motors was trading at Rs. 484.35 per share, down 0.24 per cent on the BSE.