BMW Motorrad and TVS Motor Company sign cooperation agreement.
• BMW Motorrad plans entry into the segment below 500cc. BMW Motorrad and TVS Motor Company sign cooperation agreement.
• 08.04.2013 Munich / Chennai, India. As part of its strategic reorientation, BMW Motorrad will be entering the segment below 500 cubic centimetres. BMW Motorrad and the TVS Motor Company have signed a long-term cooperation agreement for this purpose. This was announced at a press conference today in Chennai, India.
The aim of the cooperation is to join forces to develop and produce motorcycles in the segment below 500 cubic centimetres.
The cooperation partner TVS Motor Company is one of the largest motorcycle manufacturers in India with an annual production volume of some 2 million units and a turnover of more than one billion USD. TVS Motor Company is the flagship company of the 100 year old six billion USD TVS Group, which has some 40 companies and holdings in the automotive sector. TVS Motor Company offers the widest range of product in the Indian two and three wheeler industry.