TVS Motor reports 39% growth in sales growth in December 2017

TVS motors

 

TVS Motor Company registered a sales growth of 39% increasing from 184,944 units in December 2016 to 256,909 units in the month of December 2017.

Two-Wheeler

Total two-wheeler registered growth of 37.9% with sales increasing from 179,551 units in December 2016 to 247,630 units in December 2017. Domestic two-wheelers recorded growth of 35.4% with sales increasing from 153,456 units in December 2016 to 207,778 units in December 2017.

Scooter sales of the Company grew by 50.5% from 55,557 units in December 2016 to 83,640 units in December 2017. Motorcycles sales grew by 63.7% with sales increasing from 58,211 units in December 2016 to 95,281 units in December 2017.

Exports

The Company’s total exports grew by 55.8% from 30,694 units registered in the month of December 2016 to 47,818 units in December 2017. Two-wheeler exports grew by 52.7% increasing from 26,095 units in December 2016 to 39,852 units in December 2017.

Three-Wheeler

Three-wheeler of the Company grew by 72.1% increasing from 5,393 units in December 2016 to 9,279 units registered in December 2017.

Third Quarter Sales Performance

During the third quarter of the financial year 2017 – 2018, two-wheeler sales of the Company grew by 13.8% increasing from 7.02 lakh units in the third quarter of the previous year to 7.99 lakh units in the third quarter of the current year. The three-wheeler sales of the Company grew by 67.7% increasing from 0.16 lakh units in the third quarter of the previous year to 0.27 lakh units in the third quarter of the current financial year.

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