Sunday, February 1, 2009

TVS Motor bike sales up 13% in Jan

Country's third largest two-wheeler manufacturer TVS Motor Company today said it has posted a growth of 13 per cent in motorcycle sales with total two wheeler sales of 93,729 units in January 2009, against 93,385 units in the corresponding month last year.

Cumulative growth for the current financial year since April 2008 stood at two per cent.

Motorcycle sales of the company stood at 43,990 units in comparison to 38,961 units recorded in January 2008, an increase of 13 per cent over the same period previous year.

Cumulative motorcycle sales for the period April 2008 to January 2009 registered four per cent growth when compared to the same period of the previous year.

The Chennai-based company exported 14,000 units of two wheelers in January last month, compared to 13,108 units in the corresponding period of the previous year, registering a growth of seven per cent.

Exports continued its overall growth trend, registering 44 per cent increase in cumulative sales for the period April 2008 to January 2009, compared to the same period of the previous year.

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