Friday, 30 September 2011

Garware Motors eyeing Sales of 1,200 Superbikes in FY 2012-13

The company, which opened its ninth exclusive showroom in the country and the first in Kerala today, is hopeful of selling 25-30 superbikes in the state this year, Hyder Ali Khan, the Chief Operating Officer of Garware Motors said.

Two bikes -- the Hyosung GT650R, a 650-cc sports bike priced at Rs 4.75 lakh in a single-tone colour and Rs 4.90 lakh in a dual colour (both ex-showroom), and Hyosung ST-7, a 700-cc cruiser with a price tag of Rs 5.69 lakh (ex-showroom) -- were launched in the state.

With Arjun Rampal being the Brand Ambassador of Hyosung Garware Motorbikes in India, the company aims to be numero uno in Motorbike Sales.

Launched five months ago in Pune, Mumbai, Delhi, Bangalore, Chennai, Kolhapur and Chandigarh, there has been a good response for the bikes and 250 bikes have been sold so far across the country, Khan said.
The company now has 12 showrooms across India. Garware Motors also plans to launch a 250-cc bike priced between Rs 2 lakh and Rs 2.5 lakh by March next year, which is aimed at generating sales volumes.

Garware Motors has recently opened a manufacturing capacity in Wai, Maharastra to manufacture 8-10 Superbikes in a day. Garware Motors will launch the GT650 N -- the 'Naked' version of the GT650R -- next month, he said. 


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