Hosur , 01 Sep 2010

TVS Motor Company Posts Highest Ever Monthly Sales

Scooters grow 43 %; Motorcycles grow 30 %; Domestic sales up 29 %; Exports up 62 %

In an impressive showing of monthly numbers, TVS Motor Company registered the highest ever sales figures in the month of August 2010. Total sales of the company stood at 170,735 units in August 2010 against 127,875 units in August 2009, a growth of 34%. Robust growth in all segments of the two and three wheeler market enabled the company to record maximum sales. Independently too, two wheelers and three wheeler sales were highest ever for TVS Motor Company.

Two Wheeler

Total two wheeler sales of the company for the month of August 2010 grew 32% with sales of 167,109 units against 126,842 units recorded in August 2009.

Cumulative sales registered a growth of 32% for the period April to August 2010 with sales of 786,256 units against 594,927 units in April to August 2009.

Domestic sales grew by 29%, registering sales of 148,081 units in August 2010 against 115,095 units in August 2009.

Scooter sales of the company grew 43% increasing to 40,913 units in the month of August 2010 from 28,582 units registered in August 2009.Motorcycles registered a growth of 30% in August 2010, with sales of 66,574 units against 51,127 units in August 2009.

Exports grew by a significant 62% with sales of 19,028 units in August 2010 against 11,747 units in August 2009.

Three Wheeler

The company's three wheeler business continued to grow with sales of 3,626 units in August 2010 in comparison with 1,033 units in August 2009. Cumulative three wheeler sales for the period April '10 to August '10 stood at 14,533 units, a growth of 239% over the same period of the previous year.