TVS Motor clocks 24% growth in February 2011
Highest ever exports and 3 Wheeler Sales ; Scooters grow 49 %, Domestic Sales up 25%.
- (1888PressRelease) March 02, 2011 - Significant growth from across all segments backed by strong contributions from scooters, buoyant exports and domestic sales has facilitated 24% growth in overall sales for TVS Motor Company during the month of February 2011. The company sold 177,412 units in February 2011 against 142,676 units in the same month of the previous year. The company's cumulative sales for the period April 2010 to February 2011 stood at 1,855,460 units.
Two Wheeler
Total two wheeler sales of the company recorded a growth of 23 % with sales of 173,200 units in February 2011 against 140,544 units reported in February 2010.
Cumulative two wheeler sales for the period April 2010 to February 2011 increased by 32% with sales of 1,820,027 units over 1,375,176 units in April to February 2010.
Domestic sales of the company grew by 25% with sales of 151,526 units in February 2011 against 121,403 units registered in February 2010.
Scooter sales continued to impress growing by 49% with sales of 40,335 units as against 27,017 units recorded in February 2010. Motorcycles grew by 13% growth accounting for sales of 71,462 units in February 2011 as against 63,394 units in February 2010.
Exports
Exports accounted for 24,036 units of overall sales, increasing 13% over the same month of the previous year, with two wheelers accounting for 21,674 units.
Three Wheeler
Three wheeler sales of the company touched a new high in February 2011with sales of 4,212 units of three wheelers against 2,132 units sold in the comparable month of the previous year. Cumulative three wheeler sales for the period April 2010 to February 2011 grew by 181% with sales of 35,433 units against 12,549 units.
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