TVS Motor posts 23% growth in November 2009






TVS Motor Company has posted 23% growth in November 2009, registering total two wheeler sales of 120,844 units against 98,402 units in the corresponding period of the previous year. The company continued to post growth in sales for the eighth consecutive month, registering a cumulative growth of 8% with sales of 989,353 units in the current financial year up to November 2009 against 917,439 units in the same period last year. Domestic sales of the company witnessed a quantum increase in sales positing growth of 38% recording 106,836 units in November 2009 as against 77,491 in the corresponding period of the previous year.

The company's scooter sales grew by 38% posting 25,115 units when compared to 18,210 units in the corresponding period of the previous year. Total motorcycle sales of the company stood at 45,080 units in November 2009 when compared to 45,276 units recorded in November 2008.

Exports recorded sales of 14,008 units of two wheelers in November 2009 as against 20,911 units in the corresponding period of the previous year.





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