TVS Motor Company registers 14% growth in April 2011
TVS Motor Company witnessed an overall growth of 14% in
total sales for April 2011. The company registered sales of 167,744 units
as against 147,172 units in the corresponding month of the previous year.
The growth was led by the company's scooter sales and international business.
Three wheeler business of the company also continued to grow substantially.
Total two wheeler sales of the company grew by 13% recording sales of 164,183
units in April 2011 against 144,689 units recorded in April 2010.
Domestic two wheeler sales of the company accounted for 141,619 units in
April 2011 against 125,471 units reported in April 2010 growing by 13%.
Scooter sales led the growth increasing by 31% with sales of 35,074 units
compared to 26,860 units recorded in April 2010. Motorcycles grew by 5%;
totaling 69,573 units in April 2011 as against 66,000 units in April 2010.
Exports recorded cumulative sales of 25,275 units in April 2011 as against
19,657 units in the previous year. During the month, the company exported
22,564 units of two wheelers against 19,218 units in April 2010.
In April 2011, the company sold 3,561 units of three wheelers as against
2,483 units in the comparable month of the previous year, a growth of 43%.