TVS Motor reports highest sales in September 2010

TVS Motor Company continued to maintain an impressive year-on-year growth with total sales of 188,005 units in September 2010 against 143,753 units registered in September 2009. Monthly sales of the company grew by 31 percent. Cumulative total sales for the period April to September 2010 therefore stood at 988,794 units. During the month total two wheeler sales of the company grew 30 percent with sales of 184,783 units against 142,553 units recorded in September 2009. Cumulative two wheeler sales for the period April to September 2010 increased 32 percent with sales of 971,039 units against 737,480 units in April to September 2009.

Domestic sales witnessed a growth of 25 percent with sales of 165,418 units in September 2010 against 132,281 units in September 2009. Scooter sales of the company increased significantly, growing 44 percent with sales of 43,086 units in the month of September 2010 from 29,984 units in September 2009. Motorcycles accounted for 81,381 units against 60,718 units in September 2009, a growth of 34 percent. Exports witnessed 89 percent growth in sales. The company exported 19,365 two wheelers in September 2010 in comparison with 10,272 units in September 2009.

The company sold 3,222 units of three wheelers in September 2010 against 1,200 units in the comparable period of the previous year. Cumulative three wheeler sales for the period April '10 to September '10 stood at 17,755 units, a growth of 224 percent over the same period of the previous year.