Sustaining growth across all segments, TVS Motor
Company continued to post significant growth in the month of May 2010.
Total two wheeler sales of the company grew 30% in May 2010 from 118,574
units in May 2009 to 154,667 units. Cumulative sales for the current
financial year increased 29% with sales of 299,356 units against 231,693
units in the comparable period of the previous year.
Domestic sales (two-wheeler) registered 27% growth, increasing from
107,439 units in May 2009 to 136,621 units in May 2010.
Motorcycle sales of the company grew by 27% in May 2010 with sales of
67,906 units compared to 53,495 units in the same month of the previous
year. Scooters sales continued its spectacular run growing by 42% from
22,486 units in May 2009 to 31,884 units in the May 2010.
Maintaining its upward growth trend, the company's three wheeler
business registered sales of 2313 units in May 2010 over 707units in May
Exports posted sizeable growth of 62% during the month of May 2010 with
sales of 18,046 two-wheelers against 11,135 units in May 2009.
During the month, as part of his maiden official visit to South India,
Lt. Gen (Retd) Andi M Ghalib, Ambassador of the Republic of Indonesia in
New Delhi, accompanied by Mr. Imbane Listiyadi, Commercial Counsellor,
Embassy of Republic of Indonesia and Mr. Leonard F. Hutabarat, Ph.D.,
First Secretary, Indonesian Embassy, New Delhi, visited TVS Motor
Company's plant in Hosur, Tamilnadu. His visit further endorses TVS
Motor Company and its commitment in Indonesia.