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BMW Partners with India’s TVS Motor, Plans Sub-500cc Models

  BMW announced it has signed a long-term agreement with Indian manufacturer TVS Motor to develop and produce small-displacement motorcycles. The two companies have been in discussions for several months now, but alliance is only now official. Under the agreement, BMW and TVS will work together to develop a new model with an engine displacement smaller than 500cc.

BMW Makes ABS Standard Across Entire Lineup

BMW announced it will make anti-lock brakes standard equipment across its entire lineup starting with the 2013 model year. The German manufacturer became the first to introduce ABS into serial production motorcycles in 1988 and now 25 years later, BMW will be the first to offer ABS across all of its models. BMW has already announced two 2013 models that will come with ABS, the updated F800GS and the F700GS.

BMW Reports 2012 Sales Results

BMW released its year-end 2012 financial report, reporting revenues of 1.49 billion euros (US$1.93 billion) from its motorcycle business in 2012, up from 1.44 billion euros in 2011. The increased revenues came in a record year for BMW with the company selling an all-time record of 106,358 motorcycles in 2012. Despite the increase in sales revenue, BMW reported a much smaller profit from its motorcycle business, earning 9 million euros (US$11.6 million) in 2012, compared to 45 million euros in 2011.