Wednesday 1 June 2011

TVS Motor sales up 18% at 1,85,930 units in May

Scooter sales grew by 20% to 38,168 units in May 2011, from 31,884 units in May, 2010

Chennai-based TVS Motor Company reported an 18.44% increase in total sales to 1,85,930 units in May 2011, against 1,56,980 units in the same month last year.

Total two-wheeler sales grew by 17.6% to 1,81,891 units in May 2011, in comparison to 1,54,667 units in May 2010, the company said in a statement.

During the month, total motorcycles grew by 11.35% to 75,619 units, against 67,906 units in the same month last year, it said.

Scooter sales grew by 20% to 38,168 units in May 2011, from 31,884 units in May, 2010, it added.

Domestic two-wheeler sales of the company grew by 16%, with sales of 1,58,829 units in May 2011, against 1,36,621 units in May 2010, it said.

Three-wheeler sales in May 2011, stood at 4,039 units, against 2,313 units in the comparable month of the previous year, a growth of 75%.

Exports grew by 42%, with total sales of 26,168 units in May 2011, against 18,482 units in the same month of the previous year, it said.

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