TVS Motor posts 5% growth in May 2009

TVS Motor Company has posted 5% growth in May 2009, registering total two wheeler sales of 118,574 units against 112,770 units in the corresponding period of the previous year.

The company's domestic motorcycle sales for the month of May 2009 registered a growth of 3% over the same period of the previous year with total motorcycle sales registering 53,495 units in May 2009 when compared to 54,717 units recorded in May 2008. Scooters sales stood at 22,486 units in May 2009 when compared to 22,931 units recorded in the corresponding period of the previous year.

The ongoing economic slowdown in some countries continued to affect the company's exports which registered sales of 11,135 units of two wheelers in May 2009 as against 14,071 units in the corresponding period of the previous year. The company however, witnessed a growth of 10% in exports over the previous month.

The company is all set to strengthen its premium segment with the launch of the Apache RTR 180, scheduled for the current month. The motorcycle's sporty design, outstanding ride dynamics and technology promises to make it a preferred choice for high performance seekers.

The Apache RTR 180 has already been given rave reviews by auto experts, rating it as a strong, performance driven, zippy bike with excellent stability and handling that makes it a potent contender in the competitive and rapidly evolving Indian performance bike arena.