(2 ratings)
|
UM Motorcycles has registered a 44 percent growth in the second quarter of this year, because of the worldwide expansion they’ve made in global markets.
The company is planning to expand its footprint across 35 countries by the end of this quarter, which includes 10 Asian countries and 10 European countries. By launching the Renegade, DSR and Xstreet series, the company will make its presence felt at the 2016 Intermot Show which is going to be held in Cologne, Germany. The firm will later sell these motorbikes in the UK, Portugal, Germany, France, Italy, and Spain.
UM has made a partnership with Lohiya motors in India to sell the motorbikes in the country. The company is planning to expand its business by developing manufacturing facility at Kashipur, Uttarakhand, which has been cost an investment of 100 crores. UM has priced its products keeping in mind to get an edge over its rivals. UM is delighted with the response of 3,000 pre-bookings made so far.
Jose Villegas, director, sales, and marketing, talking about the company’s plans for the country said, “We are thrilled and excited to bring the American heritage Renegade range of cruisers, which have been designed in the USA and customized for the Indian market. The Renegade series will give Indian buyers a taste of high quality, world class cruisers, which are build to tackle the diverse Indian terrain with ease and finesse. UM Motorcycles stand for design, innovation and quality all at affordable prices. We are confident that India will be delighted with our product offerings”
Get latest and updated information about automobiles and latest technologies on our Google Plus Sagmart.com
 |
 |
 |
 |
