Posts Tagged ‘TVS Wego’

TVS plans to go to Mexico and Argentina with bikes

TVS Wego

Money control is reporting TVS will venture into Argentina and Mexico with its motorcycles. It will soon begin exporting its bikes to new markets and push the export market share to 18% from the current 10%.

TVS is also planning assembly lines in Bangladesh and Columbia in the next two years. It might produce three-wheelers in those locations. It will export the autorickshaws from India to parts of Asia and Africa where public transport is still in a very ancient stage.

TVS plans to sell at least 4.8 lakh units of scooters in FY11, 1.8 lakh more than what it managed the previous year. It hopes its Wego and Scooty range will help achieve this goal.

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Entry posted on July 14th, 2010 and filed under TVS

TVS banks on Wego to boost sales, will launch a new bike this month

tvs wego

TVS Motors the country third largest motorcycle manufacturer launched it Wego gearless scooter in Chandigarh last week. With the Wego automatic scooter, TVS has the widest range of scooters in India yet Honda is the segment leader with more than 50% market share.

The TVS Wego comes with a 110cc engine that puts out 8hp and would compete with the Honda Activa, Hero Honda Pleasure and the Suzuki Access 125. The Wego unlike its competitors would be marketed as a unisex offering. TVS has developed this scooter hoping that it would appeal to both the sexes.

TVS also launched the Jive which is the world’s first Clutchless geared bike. TVS’s motive behind the Jive and the Wego is to introduce new products for stress-free commuting. TVS is banking on these to products to drive TVS’s sales this year.

When Indian Motos Blog contacted TVS, we got a confirmation of TVS’s new bike that would be launched in the coming weeks. We expect the new bike to be the legendary Max R 100′s successor which would comply with BS3 emission norms, but this bike wouldn’t be called a Max R 100 and could be a radical product in the commuter bike segment.

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Entry posted on July 1st, 2010 and filed under TVS

TVS aims to sell 4.8 lakh scooters this fiscal

TVS Wego

Tamil Nadu based TVS Motor have ambitious plans for their scooters. The company sells the Scooty and Wego in India and is eying Honda’s 50+ percent market share in the gearless scooter segment.

The company shifted its focus from electric scooters to combustion models. It even plans to put a new motorcycle on the market in the following weeks.

The way forward for TVS is developing scooters that will appeal to the younger buyers as well. Sure, the Wego is a stylish commuter, but it’s not going to woo the younger population. The Hero Honda Pleasure is a type of model which TVS has to imitate. It could use the Wego’s base to construct one that will appeal to both the sexes.

TVS has may have been focusing very aggressively on the motorcycle segment and its three-wheeler plans for the past many months now but the company is now getting equally aggressive about its plans for the scooters segment as well.

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Entry posted on June 29th, 2010 and filed under TVS
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