TVS Motor Company registers 5pc growth

TVS Motor Company witnessed an overall growth of 5pc in total sales in January 2012 registering sales of 173,514 units against 165,152 units in January 2011. The company’s cumulative sales for the period April 2011 to January 2012 grew by 10pc with sales of 1,843,554 units against 1,678,048 units recorded in the previous comparable period. Two Wheeler Total two wheeler sales increased by 6pc with sales of 171,112 units in January 2012 in comparison with 161,725 units recorded in January 2011. Scooters grew 2pc recording sales of 41,469 units compared to 40,736 units in January 2011. Motorcycles sales registered 65,608 units in January 2012 against 67,721 units in January 2011. Domestic two wheeler sales of the company grew by 8% with 153,014 units in January 2012 against 142,227 units reported in January 2011. Exports Exports registered total sales of 18,610 units in January 2012 against 21,224 units in the same month of the previous year. The company’s two wheeler exports stood 18,008 units in January 2012 in comparison with 19,498 units in January 2011. Three Wheeler The company sold 2,402 units of three wheelers in January 2012 against 3,427 units in the same month of the previous year. Cumulative three wheeler sales for the period of April 2011 to January 2012 stood at 34,449 units, a growth of 10pc over the same period of the previous year.