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TVS Motor Firm strengthens Central American presence by partnering with Grupo Q for Nicaragua and Costa Rica

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Two-wheelers and three-wheeler producer, on Thursday introduced its new distribution partnership with Lively Motors SA, a subsidiary of Grupo Q, for Nicaragua and Costa Rica to additional increase its enterprise in Central America additional.

Lively Motors SA will assist TVS Motor with devoted gross sales, service, spares and buyer relationship administration (CRM). As a part of this affiliation, Lively SA Motors will facilitate the opening of three flagship shops and about 50 dealerships for TVS Motor Firm in a phase-wise method throughout Nicaragua and Costa Rica. TVS Motor Firm has its presence throughout key markets, together with Guatemala, El Salvador and Honduras.

“Central America is a vital marketplace for TVS Motor Firm. We’re delighted to companion with Grupo Q, which has a powerful pedigree within the car business within the nation. This affiliation is a big step in direction of increasing TVS Motor’s market presence in Central America,” R Dilip, President – Worldwide Enterprise, TVS Motor Firm, mentioned.

He added that the deep understanding of the market, wealthy expertise within the business and retail financing capabilities made Grupo Q one of the best strategic ally for TVS Motor Firm in Nicaragua and Costa Rica.

“In Grupo Q, we have now been driving innovation and searching ahead to newer alternatives to develop our enterprise within the area with our intensive information and expertise of the market. Lively Motors, the brand new firm of the Grupo Q Holding Firm, guarantees high quality mobility options and accessibility for purchasers within the Nicaragua and Costa Rica market, demonstrating the expertise and high quality prowess of TVS Motor Firm,” Carlos Enrique Quiros – Vice President & Business Head, Grupo Q mentioned.

TVS Motor Firm product vary in Costa Rica and Nicaragua will embrace bikes like these from the Apache vary, Stryker 125, Raider 125, HLX 150 5S and Neo NX along with the TVS NTORQ 125 scooter.

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