24% Growth in Motorcycles, 43% growth in Scooters Domestic sales up 22
%; Exports increase 90 %
Augmented by substantial contributions across all
segments of the two wheeler market and riding on the back of new
launches, TVS Motor Company began the first month of FY11 on a positive
note, with total two wheeler sales growing 28% from 113,119 units in
April 2009 to 144,689 units in April 2010. Domestic two wheeler sales
registered 22% growth from 102,985 units in April 2009 to 125,471 units
in April 2010. The company's three wheeler business continued to post
Motorcycle sales of the company grew by 24 % in April 2010 with sales of
66,000 units compared to 53,235 units in the same month of the previous
year. Scooters continued its impressive sales growth increasing by 43%
from 18,819 units in April 2009 to 26,860 units in the April 2010.
Three wheeler sales continued to excel with the company registering
sales of 2483 units in April 2010 over 706 units in April 2009.
Exports recorded remarkable growth of 90 % growth during the month of
April 2010 with sales of 19,218 units against 10,134 units in April
During the month, TVS Wego, the company's metal bodied scooter, with
unisex styling was launched in Pune and Nagpur. The product has received
favourable response among customers and will be made available across
the country over the next two months.