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Thread: NEWS: TVS Motor Company posts 19% growth in September 2008

  1. #1
    Official xBhp NewsMonger
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    Post NEWS: TVS Motor Company posts 19% growth in September 2008

    TVS Motor Company has posted 19% growth registering total two wheeler sales of 137,246 units in September 2008 as against 115,091 units in the corresponding period of the previous year.

    During the month, the company's motorcycle sales posted 32% growth recording71,278 units in comparison to 53,991 units recorded in September 2007. The company has been able to capitalize on its wholesome product portfolio and has witnessed a quantum increase in sales with notable contriubtions across all models. Scooters however recorded 27,108 units as against 27,199 units during the same period of the previous year.

    During the month, TVS Motor Company commemorated the first anniversary of its Apache RTR brand with a mass delivery function organized at Secundrabad, thereby becoming the first two wheeler manufacturer in the state to deliver 250 premium segment motorcycles of a single brand, booked over the period of one week, on one day. The event also marked the delivery of the 2,50,000 th Apache.

    During the month the company also broadened the horizons of its TVS Scooty brand with the launch of Balancing Wheels, a unique and innovative product that can be easily fitted on to the Scooty. For the first time in the history of the two-wheeler industry, the company is addressing a never-before segment, those who do not know how to ride, even a bicycle.

    Exports continued its upward growth trend, posting an increase of 40% registering 18,229 units of two wheelers in September 2008 as against 13,036 units in the corresponding period of the previous year.


    Source: Press release distribution via India PRwire

    ZZEBRA is an independent communication company based in Mumbai (erstwhile Bombay) with Regional Headquarters in India’s top cities – New Delhi, Bangalore, and Chennai. The Zzebra network also covers Kolkata, Bangalore, Hyderabad, Ahmedabad, and Pune. Founded in 2003, the core team of the firm includes CP Thomas, Pooja Chaudhri, and Prashant Shivram.




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    MotoGrapher Sunny's Avatar
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    News Approved

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    Moderator Samarth 619's Avatar
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    No doubt, TVS is making progress ... We see TVS as a big player, maybe after Bajaj & Yamaha, but a challenger indeed ...

    My "personal" opinion - I find TVS products better than HH & Honda ...

    So, is that 2.5th Lac Apache or "Apache RTR" ..??

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    If TVS keeps on giving competitive products then some day for sure it will be a prefered brand. Apache has already eaten sales of Pulsar 150.

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    @Samarth

    It's the total Apache+RTR sales!!

    TVS will soon launch a 180cc bike along with Scooty Streak which means more numbers.After a rough patch in terms of sales ,things are slowly improving for TVS.Even the Flame has picked up in sales(still way off what TVS projected).A low cost 125cc bike is also in the lines to take on the Platina/XCD!!

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    Smile

    @ chicane: Oh, total Apaches of all types sold ... Thanks for clearing ...

    Recently, Apache RTR EFi defeated ZMA on Racetrack, in a test by Bike India (aug 08), by a small margin though...

    Imagine what the 180cc version will do, it should be enough to defeat P220 on Racetrack ... coz even 160 was about 0.5 secs behind ZMA ... Cool!

    --->
    @ news reaper: I guess some other OEM's should be mentioned too... I mean,

    HH recorded an increase of 22.47%
    HMSI (Honda) recorded an increase of 17%

    Hero Honda Motors Senior Vice-President (Marketing & Sales) Anil Dua said the company expected to perform well in the coming festive season with new launches on the anvil.
    Source: Economis Times Website ...
    Last edited by Samarth 619; 10-03-2008 at 08:58 PM.

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