CorporateTVS two-wheeler sales up 23%
TVS Motors today reported 23 per cent growth in total two-wheeler sales in November at 1,20,844 units against 98,402 units in the same month last year.
- Rs 18 lakh highest offer for IIM-C manufacturing executives - No plans to enter into four-wheeler segment: TVS - TVS launches India"s first gearless bike for Rs 41,000 - Chennai HC records 17 issues on Bajaj TVS dispute - Bajaj Auto to roll out more bikes - TVS Motor relaunches Flame bike
Domestic sales were at 1.06 lakh units during the month against 77,491 units last year, up 36.7 per cent, the company said in a statement.
Total motorcycle sales in November declined marginally at 45,080 units compared with 45,276 units the same month last year, while scooter sales grew 38 per cent to over 25,000 units, it added.
The company said this is the eighth consecutive month it has posted growth after being hit hard last year by the market slump due to the financial downturn.
In the first eight months of the fiscal, the company has registered eight per cent growth at over 9.89 lakh units, against over 9.17 lakh units in the same period last year.
Exports during November declined to 14,008 units from 20,911 in the same month last year.