Further consolidates presence in Central America
TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, announced their partnership with Motomundo SA, one of the largest, respected business groups in Honduras. Headquartered in India, TVS Motor Company is the flagship company of the USD 8.5 billion TVS Group with exports to over 60 countries.
As a part of this association, Motomundo SA will facilitate the sales and service of TVS products across all Motomundo stores in the country in a phase-wise manner. Motomundo stores will start with an exclusive outlet for TVS Motor Company and will within a year will expand it to 3 stores in the country. TVS Motor will be present in 40 Motomundo outlets and over 25 dealers across Honduras. The company will also operate 25 service outlets to ensure complete service and spare support. The range of two-wheeler offerings will be supplemented with attractive retail finance schemes.
Commenting on this association, Mr. R. Dilip, Executive Vice President – International Business, TVS Motor Company, said: “We are delighted to partner with Motomundo SA, to expand our presence in Honduras. Motomundo SA share our values of maintaining high quality of service and transparency across operations. At TVS Motor Company, we place supreme importance on making products which boast of superior quality and cutting-edge technology. The unique network of distribution that Motomundo SA has developed makes them the best strategic ally for TVS Motor Company. With this partnership, we will be able to offer customised products with complete service and spare parts for our customers and consolidate our presence in the region.”
Adding to this, Mr. Mariano Jimenez Torres, Executive Director, Motomundo SA, said: “We at Motomundo SA, will represent TVS Motor Company with great pride to cater to the demand of our customers. All our outlets will be manned by skilled manpower in-line with TVS Motor Company global standards thus reinforcing our commitment towards the Honduran market. The technology and quality prowess of TVS Motor Company, combined with our network facility will definitely create an impact in Honduras”.
TVS Motor Company product range in Honduras currently includes:
Motorcycles: TVS Apache RR 310, TVS Apache RTR 200 4V, TVS Apache RTR 160 4V, TVS Apache RTR 160 2V
Scooters: TVS NTORQ 125, TVS WEGO