TVS Motor expands international footprint in South America


TVS Motor has introduced its new distribution partnership with Energetic Motors for South American international locations like Nicaragua and Costa Rica to develop its enterprise on this area.

By :
HT Auto Desk

,
Revised:
December 11, 2021, 17:36 pm


The TVS Apache RTR 200 4V is without doubt one of the two-wheelers that the Indian model will promote in South America.

Indian two wheeler producer TVS Motor has determined to develop its footprint in South America. The model has introduced a partnership with Energetic Motors SA which will probably be liable for distribution of TVS fashions in international locations like Nicaragua and Costa Rica.

Energetic Motors SA, a subsidiary of Grupo Q, will help TVS with gross sales, service, components and buyer relations. It will assist TVS to open three flagship retailers and round 50 dealerships in these two international locations in a phased method.

TVS Motor will provide a lot of its fashions in Costa Rica and Nicaragua. These will embody bike fashions like TVS Apache RTR 200 4V, TVS Apache RTR 160 4V, TVS Apache RTR 160 2V, TVS Stryker 125, TVS Raider 125, TVS HLX 150 5S, TVS Neo NX. TVS may even promote the NTORQ 125 scooter on this area.

R Dileep, President, Worldwide Enterprise, TVS Motor Firm mentioned, “Central America is a vital marketplace for TVS Motor Firm. We’re pleased to associate with Grupo Q, which has a robust pedigree within the vehicle trade within the nation. This collaboration is a big step in direction of increasing TVS Motor’s market presence in Central America, fostering innovation by means of best-in-class merchandise and setting buyer expertise benchmarks. Deep market understanding, wealthy trade expertise and retail financing capabilities make Grupo Q the strategic finest for TVS Motor Firm in Nicaragua and Costa Rica. We are going to proceed to supply a variety of aspirational merchandise with full service and spare components help with the power of our community facility to satisfy the mobility wants of the area.”

Carlos Enrique Queiros, Vice President and Industrial Head, Grupo Q, mentioned, “At Grupo Q, we are going to proudly signify TVS Motor Firm to satisfy the quickly evolving wants of shoppers. At Grupo Q, we drive innovation. Wanting ahead to new alternatives to develop our enterprise on this sector with our intensive information and expertise of the market.Energetic Motors, the brand new firm of Grupo Q Holding Firm, is offering high quality companies to prospects within the Nicaragua and Costa Rica markets. Mobility guarantees options and accessibility, showcasing the know-how and high quality prowess of TVS Motor Firm.”

TVS Motor has already established its presence within the area with footprints in different international locations like Guatemala, El Salvador and Honduras. Hero MotoCorp, the world’s largest two-wheeler maker, is the second Indian model to have a footprint on this phase. Hero has partnered with Argentine model Gilera Motors to distribute its fashions.

First printed date: 09 December 2021, 11:43 AM IST



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