Riding on new product launches, TVS Motor Company on Monday said it was eyeing good jump in sales in the next fiscal. “We hope to sell 20-lakh motorcycles in 2010-11, which would be 38 per cent more over the current financial year. We are expecting good response from our new products, including auto-clutch bike Jive which we launched recently,” said TVS Motor Company Head (Motorcycle) Arun Siddharth.
The Chennai-based company is hoping to sell over 14.5-lakh units of two-wheelers in 2009-10 and announced availability of Jive in North India.“We see our sales picking up with the introduction of new Jive in northern states. In southern states, where we launched this bike a few months ago, the response has been excellent. We hope to sell over 2.4-lakh units of Jive in 2010-11,” Mr. Siddharth said. TVS Motor is also planning to offer new products in the next fiscal, besides upgrading some popular existing models. Priced at Rs. 42,235, Jive is India's first auto-clutch motorcycle that would transform the definition of city commuter biking with ride convenience being the focal point. With 110-cc engine innovative and T-Matic technology with rotary gear coupled with an automatic clutch, the new bike would provide a sporty riding experience with an unparalleled combination of comfort, performance, ease of operation and fuel efficiency in its category