TVS Motor Co to focus on retail expansion

Mumbai: With sales heading south for most players in the domestic two-wheeler industry, TVS Motor Co. is now planning for an aggressive focus on sales.

The company has drawn up plans to expand its existing chain of 1,500 service stations and 550 dealers, to a combined new total of 3,000 retail outlets in a span of three years.

Some of the existing chain of service stations will see an evolution into retail outlets as well.

Each of these planned outlets will have a sales point to help generate additional sales, and an additional lot of 1,000 new dealerships will form part of a chain of new dealerships, better covering the domestic market.

According to media reports, TVS expects motorcycle sales to touch 90,000 units by October-end. It sold 44,392 units in July.