Hosur , 02 Apr 2007

TVS Motor Co. records highest ever two wheeler sales of 15,28,214 units in 2006-07

Total motorcycle sales for the year record 15% growth

Records highest ever exports, crosses 1 lakh mark in 2006-07

Hosur, April 2, 2007: TVS Motor Company has closed the financial year 2006-07 with 15% growth in the sale of motorcycles. The motorcycles sales recorded 9,24,813 units in the financial year 2006-07 compared to 8,06,708 units 2005-06.

The total two wheeler sales witnessed 14% growth by clocking 15,28,214 units compared to 13,42,204 units recorded in the previous financial year. This represents the highest volumes ever in the history of TVS Motor Company both in motorcycles as well as in the overall two-wheeler segment.

The Company's scooter sales recorded 2,58,888 units in the financial year 2006-07 compared to 2,45,276 units in 2005-06, recording a growth of 6%.

On the export front too, TVS Motor Company registered its highest ever sales, clocking 1,03,013 units in the financial year 2006-07 compared to 79,679 units last year, at a growth of 29%.

In the month of March 2007, the motorcycle sales recorded 73,239 units compared to 83,896 in March 2006. The total two wheelers units sold in March 2007 were at 1,28,207 units compared to 1,28,857 units recorded last year. The company's March 2007 total two wheelers sales saw an increase of 7% over its February 2007 performance.

The company, during March 07, launched StaR Sport, a new and compact styled motorcycle for the economy segment. The initial response to StaR Sport has been very encouraging and together with StaR City the company will increase its market share in the segment. The coming year will see a spate of new launches that will spur the sales further.

In scooters, TVS Scooty clocked 20,297 units of sales in March 2007 compared to 17,410 units in the previous year.

In exports, the company recorded 8,508 units in March 2007 compared to 6,032 units recorded last year, at a growth of 41%.