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TVS Motor posts 29% growth in sales for November

TVS Motor posts 29% growth in sales for November
PTI
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First Published: Wed, Dec 01 2010. 12 37 PM IST
Updated: Wed, Dec 01 2010. 12 37 PM IST
Bangalore: TVS Motor Company has posted a 29% growth in sales in November as the company said demand from all segments of its product portfolio remained robust.
The company sold 157,041 units in November 2010 against 121,945 units in the same month of the previous year. Cumulative sales for the period spanning April- November 2010 stood at 1,341,106 units.
During the last month, two wheeler sales of the company grew by 27%, with sales of 153,882 units against 120,844 units registered in November 2009, it said in a statement.
Scooter sales increased by 44% with sales of 36,233 units last month in comparison to 25,115 units registered in November 2009.
Motorcycles sales continued to grow steadily at 40% with sales of 62,995 units in November 2010 in comparison to 45,080 units recorded in November 2009.
Export sales stood at 14,341 units in November 2010 against 14,008 units registered in November 2009.
Besides, the company sold 3,159 units of three wheelers in November 2010 against 1,101 units in the comparable period last year.
Cumulative three wheeler sales for the period April to November this year grew 225% with sales of 24,363 units against 7,495 units in the same period of the previous year, it said.
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First Published: Wed, Dec 01 2010. 12 37 PM IST