Chennai-based, TVS Motor Company is introducing premium executive deluxe 125 cc motorcycle - Phoenix 125 in Andhra Pradesh. It plans to sell about 20,000 bikes of the new model in a month.
This new model will be loaded with features and the entity is offering this bike in two variants priced at about Rs 51,000 for drum brake model and Rs 53,000 ex-showroom for the disk brake range.
The company has reported 2.11% decline in sales for the month of November 2012. The company has registered total sales of 171,837 units in passing month as against 175,535 units registered in same month previous year.