TVS Motor reports 24 per cent sales growth in March 2010

Two-wheeler manufacturer TVS Motor reported a 24 per cent growth in March 2010."Cumulative growth for April 2009-March 2010 stood at 15 per cent, where the manufacturer sold 15.21 lakh units against 13.25 lakh units last year", the company said.

Two-wheeler manufacturer TVS Motor reported a 24 per cent growth in March 2010."Cumulative growth for April 2009-March 2010 stood at 15 per cent, where the manufacturer sold 15.21 lakh units against 13.25 lakh units last year", the company said.

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Three-wheeler sales increased by 25 per cent in March 2010 with sales of 1.26 lakh units against 1.01 lakh last year.
In the scooterette segment, the company also saw a 50 per cent growth recording 28,504 units against 19,054 units in March 2009.Sales of motorcycles in March 2010 also grew by 7 per cent, with 64,120 units being sold, compared to 59,796 units last year.

"The company registered sales of 1.46 lakh units in March compared to 1.18 lakh units last year", TVS Motor Company said.TVS registered a 23 per cent growth in exports registering sales of 20,067 units against 16,340 units in March 2009.Three-wheeler exports also saw an increase, with sales of 2,431 units against 650 units in March 2009.

"The recently launched metal bodied scooterette TVS Wego would be rolled out in phases across the country over the next two months", the Company said.