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Thread: TVS Motor Company registers 14% growth in June 11 sales

  1. #1
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    Default TVS Motor Company registers 14% growth in June 11 sales

    Hosur, July 1, 2011: A quantum increase in exports supported by strong domestic sales with robust contributions from all segments saw TVS Motor Company witnessing an increase of 14% in overall sales. The company recorded total sales of 182,456 units in June 2011 against 159,688 units in the corresponding month of the previous year. The three wheeler business also posted healthy growth.

    The companys cumulative sales for the months of April to June 2011 grew by 16% with sales of 536,130 units against 463,840 units recorded in the previous comparable period.

    Two Wheeler

    Total two wheeler sales grew by 14% with sales of 178,633 units in June 2011 in comparison with 156,685 units recorded in June 2010.

    Scooter sales increased by 21% with sales of 44,281 units, compared to 36,742 units recorded in June 2010. Motorcycles grew by 5% accounting for 69,859 units in June 2011 as against 66,452 units in June 2010.

    Domestic two wheeler sales of the company reported a growth of 11% with sales of 155,296 units in June 2011 against 139,905 units reported in June 2010.

    Exports

    Exports grew by 48% recording total sales of 26,359 units in June 2011 as against 17,782 units in the same month of the previous year. The company exported 23,337 units of two wheelers in June 2011 in comparison with 16,780 units in June 2010, an increase of 39%.

    Three Wheeler

    In June 2011, the company sold 3,822 units of three wheelers as against 3,003 units in the comparable month of the previous year, a growth of 27%. Cumulative three wheeler sales for the months of April and June 2011 stood at 11,423 units.

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    Super Moderator sunilg's Avatar
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    News approved.
    (Been There Done That) x 3.25

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    Rusted princesirohi's Avatar
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    this is good news....and more importantly..even exports a growing.

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