TVS Motor Company's Two Wheeler Sales at 117,045 units; Exports continues upward trend posting 54% growth
TVS Motor Company registered total
two wheeler sales of 117,045 units in March 2008 against 128,207 units in
the corresponding period of the previous year. Exports posted a growth of
around 54%.
During the month, the company's motorcycle sales stood at 60,908 units in
comparison to 73,239 units recorded in March 2007. In the scooter segment,
TVS Scooty recorded 15,942 units in March 2008 in comparison to 20,297 units
in the corresponding period the previous year.
The company strengthened its presence in the executive segment with the
launch of the TVS Flame 125cc motorcycle powered by three-valve, dual
induction system, CCVTi engine. TVS Motor Company will also launch the fuel
injection upgrade of the Apache RTR across the country in April 2008. With
these launches, the company hopes to leverage on a wholesome product
porftfolio to reverse the current trend in sales in the financial year
2008-2009.
The company also launched its three wheeler, the TVS King in LPG and Petrol
Versions. TVS King is India’s first 200 cc two-stroke autorickshaw, loaded
with superior features and equipped with electric start.
Exports reported sales of 13,070 units of two wheelers in March 2008 as
against 8508 units in the corresponding period of the previous year thereby
recording around 54% growth.
During the month, the company also won the prestigious Total Productive
Maintenance (TPM) Excellence Award from Japan Institute of Plant Maintenance
(JIPM) for its exemplary implementation of TPM processes in its Plant II in
Hosur and its Mysore plant. The TPM Excellence Award is the most prestigious
award presented to organizations, which have attained excellence in
equipment performance.
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