TVS Motor Company, a reputed manufacturer of twowheelers and three-wheelers today announced their association with leading distributer in the Mexican region, Torino Motors, a subsidiary of Groupo Autofin.
TVS Motor Company ranks amongst the top ten two-wheeler companies in the world and is one of the leading two-wheeler and three-wheeler exporter in India, distributing to over 60 countries. In the first year of the association, Torino Motors will work with TVS Motor Company to open 40 exclusive stores in the country for the distribution of two-wheelers. With over 40 years of experience in the region, Torino Motors specialises in automobile and retail finance.
R Dilip, Senior Vice President, International Business, TVS Motor Company, said, ''We are delighted to partner with a reputed, well-known company such as Torino Motors, who come with over 40 years of experience in Mexico. We look forward to the market knowledge that they will bring on board. Their insights will allow us to personalise our offerings to suit the customers of Mexico and their vast network of distribution will ensure maximum reach in the country. Together with Torino Motors, we are determined to create customer delight in the country.''
Shares of the company gained Rs 3.1, or 0.53%, to trade at Rs 592.90. The total volume of shares traded was 20,763 at the BSE (11.46 a.m., Wednesday).