Garware Motors, the Pune based firm that has recently launched two Hyosung branded premium bikes in the Indian market, is planning to sell a total of 2,000 Hyosung bikes in the Indian market in the current year. In addition to this, the company is also planning to expand its dealership network to 15 dealers in the country over the period of next three months.
Speaking to the reporters on Sunday, Garware Motors' Managing Director, Diya Garware said, "We are targeting a sale of 2,000 bikes this year. We are in the midst of expanding our dealerships -- we presently have five which we plan to increase to 15 in the next three-months." She added that the new Hyosung superbikes have been priced in the range of Rs 4.97-lakh and Rs 5.96-lakh (ex-showroom, Mumbai).
Over the period of next two months, the company plans to open five new dealerships in the Indian market that comprises of one each in Hyderabad, Cochin, Chennai, Ahmedabad & Chandigarh.
The company has rolled-out two superbikes in India including GT650R with 650 cc engine and ST7 with 700cc engine. The bikes carry a price tag of Rs 4.97-lakh and Rs 5.96-lakh, respectively.
