TVS Motor Company posts 18 pct sales growth in September 2018
New Delhi, Oct 1 (IBNS):Automobile giant TVS Motor Company on Monday said it has registered a sales growth of 18 percent with sales increasing from 359,850 units in September 2017 to 423,978 units in the month of September 2018.
Two-Wheeler:
Total two-wheelers registered a growth 17% with sales increasing from 350,854 units in September 2017 to 410,696 units in September 2018. Domestic two-wheeler sales registered a growth of 18% from 307,160 units in September 2017 to 361,136 units in September 2018.
Scooter sales of the Company grew by 17% from 121,601 units in September 2017 to 142,562 units in September 2018. Motorcycle sales grew by 16% with sales increasing from 143,923 units in September 2017 to 166,489 units in September 2018.
Exports:
The Companys total exports grew by 20% from 50,971 units registered in the month of September 2017 to 61,192 units in September 2018. Two-wheeler exports grew by 13% increasing from 43,694 units in September 2017 to 49,560 units in September 2018.
Three-Wheeler:
Three-wheeler of the Company grew by 48% increasing from 8,996 units in September 2017 to 13,282 units registered in September 2018.
Second Quarter Sales Performance:
During the second quarter of the current financial year, two-wheeler sales grew by 14% increasing from 9.2 lakh units in the second quarter of the previous year to 10.5 lakh units in the second quarter of the current year. Sales of three-wheelers of the Company grew by 57% from 0.25 lakh units in the second quarter of the previous year to 0.40 lakh units in the second quarter of the current year.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
