TVS Motors, the leading two-wheeler maker in the Indian market, reported a sales jump of 14 percent in the month of April 2011. The major contributors to this growth include high sales of TVS scooters, and company’s three-wheelers that registered a substantial growth.
The company said in a statement released on Sunday, "The company registered sales of 167,744 units as against 147,172 units in the corresponding month of the previous year."
The scooter sales of the company surged 31 percent during the month to 35,074 units as compared to 26,860 units sold in the same month last year. On the on other hand, the motorcycle sales of the company surged 5 percent to 69,573 motorcycles during April 2011.
In the domestic market, the company sold a total of 141,619 units of its two-wheelers in April 2011, as compared to 125,471 units sold in the same month last year.
The cumulative exports of the TVS Motors stood at 25,275 units in April 2011 as against 19,657 units dispatched to the foreign markets in April 2010. The exports during the month include 22,564 units of two wheelers and 3,561 three wheelers.
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