BMW to make sub 500cc bikes with TVS

Germany Giant, BMW has tied up with Chennai-based TVS Motor Company to manufacture bikes having heart of 500cc or less. Both companies will work together to manufacture 500cc less bikes. BMW said they will offer their existing range plus these bikes to satisfy global demand.

BMW and TVS would use Chennai based TVS motors' bike manufacturing facility to manufacture bikes under the joint brand of TVS and BMW. Also company would only work on sub 500cc bikes. Joint venture would use TVS dealer network to sell these new bikes in India. The first bike would be launched in 2015.

TVS has invested 20 million euros in this joint venture. TVS Motors stock price went up during this news but today its stable again.

New upcoming sub 500cc bikes would have qualities from both TVS and BMW companies. Also both companies would get benefited from this joint venture.

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