APT MotoVox Group, Inc. Announces New Large Order for MBX Mini Bike Line
July 07, 2014 at 09:55 am EDT
Share
APT MotoVox Group, Inc. announced an order of 3,000 units of its MBX Mini Bike line, an order from a current customer, one of the top 10 revenue grossing international retailers. Neither the retailer name nor the dollar amount of the order can be disclosed due to agreements between the companies. The MBX Mini Bike line has sold more than 55,000 units in just under three years and in 4(th) quarter of 2014 APT MotoVox Group will roll out the MBX Mini Bike line in Latin America and Canada.
The company performed a "rate of sale" exercise within a few markets in Mexico that resulted in a 97% sell through in just four weeks. The MBX Mini Bike line has achieved the high marks for quality and design of the "traditional" mini bike product segments. APT MotoVox Group will be announcing the evolution of the "common minibike" fourth quarter this year by introducing the MBX 13, 14, and 15 Pro.
APT Motovox Group, Inc. operates through its subsidiary, APT Group, Inc., a propulsion technology company that manufactures and distributes transportation, utility and recreational powersport products. APT Group, Inc. offers Motovox, a range of motorsports products. Its products include mini bikes, which include MBX10, MBX11, MBX12 and MBX20; electric bikes, which include MBxXSe; pit/dirt bikes, which include MVX70, MVX110 and MVX250; Go-Karts, which include MGK11, MGK12 and MGK30; scooters, which include MVS10, and generators, which include MGR10. It also offers a range of parts, including MBX10 Mini Bike Parts, MVS10 Stand Up Scooter Parts, MBX11 Mini Bike Parts, MBxXSe Electric Mini Bike Parts, MGK11/12 Parts, MVX70 Pit Bike Parts and Factory Refurbished.