TVS Registers 14% Growth in April 2011

TVS Motor Company witnessed an overall growth of 14% in total sales for April 2011. The company registered sales of 167,744 units as against 147,172 units in the corresponding month of the previous year. The growth was led by the company's scooter sales and international business. Three wheeler business of the company also continued to grow substantially.

Two Wheeler

Total two wheeler sales of the company grew by 13% recording sales of 164,183 units in April 2011 against 144,689 units recorded in April 2010.

Domestic two wheeler sales of the company accounted for 141,619 units in April 2011 against 125,471 units reported in April 2010 growing by 13%.

Scooter sales led the growth increasing by 31% with sales of 35,074 units compared to 26,860 units recorded in April 2010. Motorcycles grew by 5%; totaling 69,573 units in April 2011 as against 66,000 units in April 2010.

Exports

Exports recorded cumulative sales of 25,275 units in April 2011 as against 19,657 units in the previous year. During the month, the company exported 22,564 units of two wheelers against 19,218 units in April 2010.

Three Wheeler

In April 2011, the company sold 3,561 units of three wheelers as against 2,483 units in the comparable month of the previous year, a growth of 43%.

Source: TVS Motor Company

TVS StaR Bike Sales Cross 3 Million Mark

Riding on the success of its strategy of introducing an economy segment motorcycle with executive features, TVS Motor Company announced that it has crossed the 3 million mark in cumulative sales of StaR brand of motorcycles. Over the years, the brand has evolved to become one of the most sought after economy segment motorcycles known for its special features, ruggedness, durability, mileage, comfort, all this at the cost of an economy segment motorcycle.

Launched in 2004, TVS StaR became the first motorcycle in the country to come with a five year warranty, signifying the quality assurance provided by the company. This was followed by the provision of an electric start, making it the first motorcycle in the country to have this feature as a standard fitment.

"TVS StaR was introduced as part of the company's customer centric approach. We have always made concerted efforts to incorporate maximum customer expectations while introducing technology superiority. The brand philosophy of being a complete value for money product has been well accepted by our customers. Constant upgrades with new features, styling and refreshing graphics at regular intervals has helped us achieve this milestone. " said H S Goindi, President Marketing, TVS Motor Company.

Targeted at consumers who want a powerful yet compact motorcycle, this offering from TVS Motor Company promises to be the preferred entry-level choice in urban and rural areas alike. The bike delivers a solid four-stroke performance. Its effortless maneuverability gives its riders an edge to tackle tough traffic situations with absolute ease.

"We signed on successful Indian cricket captain M S Dhoni as brand ambassador in 2005 and even today he is the face of the StaR brand. We consider him to be a strategic fit with the brand as he reflects the brand image of being strong, reliable and a symbol of achievement." Goindi added.

Source: TVS

TVS Motors Overall Growth of 28% in March 2011

Consistent contributions from all segments of the two and three wheeler industries during the current fiscal has enabled TVS Motor Company to achieve its stated guidance of two million in sales. The company registered an overall growth of 28% in the month of March 2011 with sales of 191,208 units as against 149,194 units in the same month of the previous year.

The company's cumulative sales grew 33% with sales of 2,046,668 units for the period April 2010 to March 2011 against 1,536,919 units registered in the previous comparable period.

Two Wheeler

Total two wheeler sales of the company grew by 27% recording sales of 186,781 units in March 2011 against 146,763 units registered in March 2010.

Cumulative two wheeler sales for the period April 2010 to March 2011 grew by 32% with sales of 2,006,808 units over 1,521,939 units in April to March 2010.

Domestic sales of the company increased by 28% registering sales of 162,719 units in March 2011 against 126,696 units reported in March 2010.

Scooter sales continued to impress, growing by 50% with sales of 42,655 units compared to 28,504 units recorded in March 2010. Motorcycles grew 24% accounting for sales of 79,642 units in March 2011 as against 64,147 units in March 2010.

Exports

Exports increased 31% over the same month of the previous year accounting for 26,979 units as against 20,585 units in the previous year. During the month, the company exported 24,062 units of two wheelers against 20,067 units in March 2010.

Three Wheeler

In March 2011, the company sold 4,427 units of three wheelers as against 2,431 units in the comparable month of the previous year. Cumulative three wheeler sales for the period April 2010 to March 2011 grew by 166% with sales of 39,860 units against 14,980 units.

Source: TVS Motors

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Hero Honda Cd-dawn Price in India: Rs. 35,600 (Ex-Showroom Delhi) (Estimated On Road Price)

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5. TVS Star Sport:

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TVS Star Sport Price in India: Rs. 38,000 (Ex-Showroom Delhi) (Estimated On Road Price)

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Suzuki Heat Alloy Price in India: Rs. 39,500 (Ex-Showroom Delhi) (Estimated On Road Price)

TVS Motor February 2011 Result Shows 24% Growth

Significant growth from across all segments backed by strong contributions from scooters, buoyant exports and domestic sales has facilitated 24% growth in overall sales for TVS Motor Company during the month of February 2011. The company sold 177,412 units in February 2011 against 142,676 units in the same month of the previous year. The company's cumulative sales for the period April 2010 to February 2011 stood at 1,855,460 units.

Two Wheeler

Total two wheeler sales of the company recorded a growth of 23 % with sales of 173,200 units in February 2011 against 140,544 units reported in February 2010.

Cumulative two wheeler sales for the period April 2010 to February 2011 increased by 32% with sales of 1,820,027 units over 1,375,176 units in April to February 2010.

Domestic sales of the company grew by 25% with sales of 151,526 units in February 2011 against 121,403 units registered in February 2010.

Scooter sales continued to impress growing by 49% with sales of 40,335 units as against 27,017 units recorded in February 2010. Motorcycles grew by 13% growth accounting for sales of 71,462 units in February 2011 as against 63,394 units in February 2010.

Exports

Exports accounted for 24,036 units of overall sales, increasing 13% over the same month of the previous year, with two wheelers accounting for 21,674 units.

Three Wheeler

Three wheeler sales of the company touched a new high in February 2011with sales of 4,212 units of three wheelers against 2,132 units sold in the comparable month of the previous year. Cumulative three wheeler sales for the period April 2010 to February 2011 grew by 181% with sales of 35,433 units against 12,549 units.