TVS Motor Company is reportedly in talks with premium German auto-maker BMW’s motorcycle division -- BMW Motorrad -- for a tie up. The partnership will involve technological pact between the two and may extend to joint marketing. The company will source technological know-how of BMW for developing high-end motorcycles.
BMW Motarrad owns the Husqvarna brand besides its own motorcycles while, TVS Motor has plants in Hosur (Tamil Nadu), Mysore (Karnataka) and Nalagarh (Himachal Pradesh), apart from Karawang in Indonesia.
Recently, Hero MotoCorp has also announced a technology tie-up with US-based motorcycling company, Erik Buell Racing Llc. (EBR) for engines while, Pune-based Bajaj Auto has a 47% stake in Austrian bike maker KTM.
Company Name | CMP |
---|---|
Bajaj Auto | 8932.00 |
Hero MotoCorp | 5143.15 |
TVS Motor | 2234.55 |
Eicher Motors | 4781.15 |
Atul Auto | 519.50 |
View more.. |