TVS posts 30 pc growth in May

Wednesday, 02 June 2010 08:50
New Delhi

Sustaining growth across all segments, Chennai-based TVS Motor Company today reported a 30.44 per cent increase in two-wheeler sales in May to 1, 54,667 units. The total two wheeler sales of the company grew 30 per cent in May 2010 from 118,574 units in May 2009 to 154,667 units.

Cumulative sales for the current financial year increased 29 per cent with sales of 299,356 units against 231,693 units in the comparable period of the previous year.

Domestic sales (two-wheeler) registered 27 per cent growth, increasing from 107,439 units in May 2009 to 136,621 units in May 2010.

While motorcycle sales of the company grew by 27 per cent in May 2010 with sales of 67,906 units compared to 53,495 units in the same month of the previous year. Scooters sales continued its spectacular run growing by 42 per cent from 22,486 units in May 2009 to 31,884 units in the May 2010.
Furthermore, maintaining an upward growth, the company's three wheeler business registered sales of 2313 units in May 2010 over 707units in May 2009.

Exports posted sizeable growth of 62 per cent during the month of May 2010 with sales of
18,046 two-wheelers against 11,135 units in May 2009.