Two and three-wheeler major TVS Motor today unveiled an all-new version of its popular motorcycle Apache 160 4V priced at Rs 81,490 (ex-showroom New Delhi) as part of its product portfolio expansion.
With the launch of the new variant, the company aims to sell five lakh units of Apache range of models during this financial year, a top company official said.
"TVS Apache is fast becoming vehicle driven by racing enthusiasts globally. This year we are targeting to sell five lakh units in the Apache series," TVS Motor President and CEO, K N Radhakrishnan told reporters after unveiling the new 160cc variant.
To a query as to whether the company would phase out the existing Apache models, he said, "market would decide that."
It was during the launch of Apache RR310cc in December last year, company Joint Managing Director, Sudarshan Venu had announced that they would launch 160cc Apache variant "very shortly."
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