TVS motors to hike prices

TVS motors may hike the prices of its two wheelers in the coming month. However the company has not given any specific reason for this action but it is speculated that because of the increase in the steel costs the company has taken this decision TVS marketing president announced that the price will be hiked in the next two or three weeks. The TVS has planned this entire strategy to boost up their sales and on the basis of the response they had received at the Auto Expo. TVS is intending to modify its products so as to deliver high quality products to the customers and delivering high quality average per litre consumption. Its upcoming model is Jive which will be launched in economy segment.