Bike RPM Bike Industry News and Reviews

2Apr/090

TVS Motor sales in March 2009

TVS Motor Company has reported a 4% increase in its sales for March this year, at 121,988 units, as against 117,045 units sold in March 2008. According to TVS, this increase in sales was primarily because of its scooters, which logged an impressive 44% growth in sales, at 22,975 units, as against 15,942 units in March last year.

TVS' motorcycle sales in March 2009 actually declined by 8.46%, at 55,754 units, as compared to 60,908 units in March 2008. Exports during March this year stood at 16,340 units as against 13,070 units in March last year - an increase of 25%.

Also, according to a press release issued by TVS Motors, the company's Chairman and MD, Venu Srinivasan has been elected President of CII for 2009-10. Srinivasan, who succeeds ICICI Bank Chairman K V Kamath, has earlier been President of ARAI and SIAM.

[Via: indiaautomotive]

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