TVS Motor bags Caribbean dealership
As part of its efforts to strengthen its presence in the Caribbean region, two and three-wheeler manufacturer TVS Motor Co., has entered into an exclusive partnership with Motoplex S.A.S of Grupo Bonanza. Motoplex, a leading automobile business house in the Dominican Republic, currently operates through a network of more than 80 touch points in the region. As per the accord, Motoplex will develop and operate 40 TVS Motor dealerships in the Dominican Republic. The first flagship (3S – Sales, Service and Spares) dealership under this partnership was opened in Santo Domingo. TVS Wego, TVS Sport, TVS Apache RTR series will be sold in that country.
R. Dilip, senior vice president - International Business, TVS Motor Co. said: “Motoplex S.A.S has a rich knowledge of the region and its customers. Their large network reach in this region makes them the perfect strategic partner for us. TVS Motor Co. brings with it the promise of high quality products with good fuel economy, dependability and durable engines with latest technology. We are confident that our value offerings will find acceptance with the customers.”
Dario Lama, executive vice president, Grupo Bonanza said: “This alliance has great potential in the region given our local knowledge and expertise and TVS Motor Company’s world class technology and products.”