Hosur , 01 Dec 2010

TVS Motor Company posts 29% growth in sales for November

Scooters grow 44 %, Motorcycles up 40%; Domestic Sales up 31%

Robust demand from all segments of its product portfolio has enabled TVS Motor Company to maintain a healthy growth momentum in the month of November 2010. Total sales of the company grew by 29%. The company sold 157,041 units in November 2010 against 121,945 units in the same month of the previous year. Cumulative sales for the period April to November 2010 therefore stood at 1,341,106 units.

Two Wheeler

During the month, total two wheeler sales of the company grew by 27% with sales of 153,882 units against 120,844 units registered in November 2009.

Cumulative two wheeler sales for the period April to November 2010 increased by 33% with sales of 1,316,743 units over 989,353 units in April to November 2009.

Domestic sales of the company grew by 31% with sales of 139,541 units in November 2010 against 106,836 units reported in November 2009.

Scooter sales increased by 44% with sales of 36,233 units in the current month in comparison with 25,115 units registered in November 2009. Motorcycles sales continued to grow steadily at 40% with sales of 62,995 units in November 2010 in comparison with 45,080 units recorded in November 2009.

Export sales of the company stood at 14,341 units in November 2010 against 14,008 units registered in November 2009.

Three Wheeler

The company sold 3,159 units of three wheelers in November 2010 against 1,101 units in the comparable month of the previous year. Cumulative three wheeler sales for the period April '10 to November '10 grew 225% with sales of 24,363 units against 7,495 units in the same period of the previous year.