TVS Motor Company registers 14% growth in August '11 sales
TVS Motor Company closed the month of August with
an increase of 14% in overall sales. The company continued to maintain
its growth with contributions from all segments in both domestic and
export sales, with scooters taking the lead and exports witnessing a
Total sales for the month of August 2011 stood at 194,898 units against
170,735 units in the corresponding month of the previous year.
The company's cumulative sales for the months of April to August 2011
grew by 15% with sales of 920,990 units against 800,789 units recorded
in the previous comparable period.
Total two wheeler sales grew by 14% with sales of 190,184 units in
August 2011 in comparison with 167,109 units recorded in August 2010.
Scooter sales increased by 28% with sales of 52,253 units, compared to
40,913 units recorded in August 2010. Motorcycles grew by 17% accounting
for 77,726 units in August 2011 as against 66,574 units in August 2010.
Domestic two wheeler sales of the company reported a growth of 11% with
sales of 163,705 units in August 2011 against 148,081 units reported in
Exports grew by 48% recording total sales of 29,984 units in August 2011
as against 20,245 units in the same month of the previous year. The
company exported 26, 479 units of two wheelers in August 2011 in
comparison with 19,028 units in August 2010, an increase of 39%.
In August 2011, the company sold 4,714 units of three wheelers as
against 3,626 units in the comparable month of the previous year, a
growth of 30%. Cumulative three wheeler sales for the months of April
and August 2011 stood at 19,427 units.