TVS Motor Company posts 4% growth in May 2008; Exports grow at 43%; Motorcycles post 10% growth
TVS Motor Company has posted 4% growth registering total
two wheeler sales of 112,770 units in May 2008 against 108,151 units in the
corresponding period of the previous year.
During the month, the company's motorcycle sales posted 10% growth recording
54,717 units in comparison to 49,651 units recorded in May 2007. The recently
launched variant of Apache RTR has contributed handsomely to the growth of
motorcycle sales of the company, reporting 60% growth in its segment over the
last year. This motorcycle sports new aerodynamic tank scoops, which add to the
visual appeal and coerces direct airflow on to the engine to keep it cool. The
company has also introduced data logging for the first time in the country in
the new Apache RTR.
Exports continued its upward growth trend, recording a record increase of
approximately 43% registering 14,071 units of two wheelers in May 2008 as
against 9,849 units in the corresponding period of the previous year.
The company will introduce two new scooters, designs of which will be inspired
by the spirit of Wimbledon to coincide with the forthcoming Wimbledon season,
TVS Motor Company having signed up with the All England Lawn Tennis Club (AELTC)
as a licensee. The much awaited the launch of the Fuel Injection variant of the
Apache RTR will take place during this month. Innovative technology, elegant
design and excellent ride dynamics make the Apache RTR EFI a new showcase of