The sales of TVS Motor Company have recorded a growth rate of 18% in the month of May 2011. The reason for the growth being Contributions from domestic and exports markets alike, backed by steady growth across all segments. The number of units sold in May month was 181,891 units. This is 27224 units higher compared with the previous year’s sales of 154,667 units in May 2010.
To mention specifically about scooters sector, an increase of 20% is observed with sales of 38,168 units, compared to 31,884 units recorded in May 2010. Similarly, in the motorcycles segment, a growth of 11% is observed totalling to 75,619 units in May 2011 as against 67,906 units in May 2010.
The company also exported 23,062 units of two wheelers in May 2011 in comparison with 18,046 units in May 2010, an increase of 28%.