Chennai:Automotive maker TVS Motors on Sunday reported 14% growth in overall sales for April 2011, propelled by the company’s scooter sales and international business besides substantial growth in the three-wheeler segment.
“The company registered sales of 167,744 units as against 147,172 units in the corresponding month of the previous year,” a TVS release here said.
Scooter sales “led the growth,” increasing by 31% with sales of 35,074 units compared to 26,860 units in April 2010, it said. The South India-based automaker sold 69,573 motorcycles in April 2011, registering an increase of 5%.
Domestic two-wheeler sales accounted for 141,619 units in April 2011 against 125,471 in the corresponding month of 2010, recording a growth of 13%.
Exports recorded cumulative sales of 25,275 units in April 2011 as against 19,657 units in the previous year.
During the month, the company exported 22,564 units of two wheelers against 19,218 units in April 2010, the release said, adding it had sold 3,561 three wheelers as against 2,483 units in the comparable month of the previous year.