TVS Motors launch the advanced version of Apache, Apache RTR FI.

TVS Motors unveiled the advanced version of its bike ‘Apache’ which is a move aimed at consolidating its position in the premium segment called the “Apache RTR FI”.

Priced : Rs. 64,990 (ex-showroom, Delhi)
Displacement : 160cc
Power : 15.7 bhp

According to TVS, the new bike gives crisper throttle response and better fuel efficiency too. The company plans to sell 12,000 units of Apache bikes in the current fiscal.

They are planning introduce two more products in this segment by the end of 2008, with which they hope to grow by 15-20 per cent this fiscal to touch sales of 15 lakh units and increase our market share from 16 per cent to 18 per cent by March 2008. The worst is over for bikes as the industry has started gaining momentum at about 10-15 per cent after last year’s slump

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Related

• March report : Car sales up 3%, motorcycles down by 3.5%
• Hyundai to launch new compact car by year-end (2007)

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