Beware Hero Honda and Bajaj Fans! After the successful introduction of TVS Victor in the industry, the company was struggling with their new modals. But this venture will definitely make them proud. They launched India's first auto-clutch bike "Jive" priced at Rs.41,000, and an automatic scooter "Wego" in Chennai.
"With Jive and our other model 'Flame', our target is to have at least ten percent (of the executive bike market) in nine months. Currently our presence is very minimal in the segment." TVS Motor chairman Venu Srinivasan told reporters after the launch. He said TVS had spent Rs.25 crore on developing Jive and Rs.50 crore for Wego. The gear box for Jive comes from Indonesia, while the engine was developed in India.
AUTOMATIC BIKE :TVS JIVE:
Ex Show Room Price:Rs.41,000/-
Mileage:60Km/litre
110 CC Four Stroke Engine
Alloy wheels
Automatic Clutch
Jive will start with any gear.
AUTOMATIC SCOOTER:TVS WEGO.
Ex Show Room Price:Rs.42,500/-
Mileage:50Km/litre
Engine:110-cc
TVS hopes to sell around 20,000 Jive Bikes and it will be available from the second week of December in India. The mass production of Wego will start in January next year.
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