TVS Motor sells 195,271 units, posts 48% growth in October 2010
Scooters grow 58%; Motorcycles up 49%; Domestic Sales up 47%; Exports grow 45%;
Robust demand for its products across all
segments of the two and three wheeler industries has enabled TVS Motor
Company to post a total sales growth of 48% in October 2010. The company
registered total sales of 195,271 units in October 2010 against 131,941
units in October 2009. Cumulative total sales for the period April to
October 2010 therefore stood at 1,184,065 units.
During the month, total two wheeler sales of the company grew by 46%
with sales of 191,822 units against 131,029 units registered in October
Cumulative two wheeler sales for the period April to October 2010
increased 34% with sales of 1,162,861 units over 868,509 units in April
to October 2009.
Domestic sales of the company grew significantly by 45% with sales
growing from 118,563 units in October 2009 to of 173,771 units in
Scooter sales led the growth quotient with a substantial increase of 58%
from 28,301 units in October 2009 to 44,659 units in the current month.
Motorcycles sales too grew by an impressive 49% with sales increasing
from 56,465 units in October 2009 to 84,233 units in October 2010.
Exports registered a growth of 45% with sales increasing from 12,466
units in October 2009 to 18,051 units in October 2010.
The company sold 3,449 units of three wheelers in October 2010 against
912 units in the comparable period of the previous year. Cumulative
three wheeler sales for the period April '10 to October '10 stood at
21,204 units, a growth of 232% over the same period of the previous