Hosur , 01 Aug 2009

TVS Motor posts 2% growth in July 2009

TVS Motor Company has posted 2% growth in July 2009, registering total two wheeler sales of 120,994 units against 118,545 units in the corresponding period of the previous year. The company continued its positive growth trend, registering 4% growth for the period April to July 2009.

Domestic sales of the company clocked a growth of 5% registering sales of 107,883 units in July 2009 as against 102,530 in the corresponding month of the previous year.

Scooters continued to grow, recording 15% growth in sales with 27,673 units in
July 2009 when compared to 24,156 units in the corresponding period of the previous year. Total motorcycle sales of the company stood at 42,998 units in July 2009 when compared to 54,042 units recorded in July 2008.

Exports however, continued to be affected with sales of 13,061 units of two wheelers in July 2009 as against 16,015 units in the corresponding period of the previous year.

The recently launched TVS Scooty Streak has been well received in the market and contributed handsomely to the growth of scooter sales of the company. The Apache RTR 180 and TVS Flame SR 125 have also received encouraging response.

The TVS Apache RTR 180's with its innovative blend of revolutionary technology and sporty design with an over square engine that is programmed to whip up an astonishing 17.3 PS has received rave reviews by auto enthusiasts and experts. The bike's style statements such as its alloys, unique grab rails, chiseled fuel tank, front and rear petal disc brakes have been well appreciated by customers.