TVS Motors Record 6% Growth in Sales in Dec | CORPORATE ETHOS

TVS Motors Record 6% Growth in Sales in Dec

By: | January 2, 2019
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TVS Motor Company registered a growth of 6% with sales increasing from 256,870 units in December 2017 to 271,395 units in the month of December 2018.

Two-Wheeler
Total two-wheelers registered a growth of 4% with sales increasing from 247,591 units in December 2017 to 258,709 units in December 2018. Domestic two-wheeler sales registered a growth of 1% from 207,739 units in December 2017 to 209,906 units in December 2018.

Scooter sales of the Company grew by 9% from 83,638 in December 2017 to 91,480 units in December 2018. Motorcycle sales grew by 13% with sales increasing from 95,246 units in December 2017 to 107,189 units in December 2018.

Exports
The Company’s total exports grew by 26% from 47,818 units registered in the month of December 2017 to 60,262 units in December 2018. Two-wheeler exports grew by 22% increasing from 39,852 units in December 2017 to 48,803 units in December 2018.

Three-Wheeler
Three-wheeler of the Company grew by 37% increasing from 9,279 units in December 2017 to 12,686 units registered in December 2018.During the third quarter of the current financial year, two-wheeler sales grew by 19% increasing from 7.99 lakh units in the third quarter of the previous year to 9.50 lakh units in the third quarter of the current year. Sales of three-wheelers of the Company grew by 47% from 0.27 lakh units in the third quarter of the previous year to 0.40 lakh units in the third quarter of the current year.