TVS Motor Company has posted a growth of 24 per cent in March 2010. Significant contributions across all segments have resulted in a total two- wheeler sales of 146,736 units when compared to 118,000 units in the same month of the previous financial year, according to a release from the company.
Cumulative growth for 2009-2010 stood at 15 per cent, with sales of 1,521,912 units against 1,325,754 in the previous year.
Domestic sales grew 25 per cent, registering sales of 126,669 units in March 2010 when compared to 101,660 units in March 2009.
Propelling the spurt in sales was the scooter segment, which contributed 50 per cent growth in its segment. Scooters witnessed a sizeable growth, recording sales of 28,504 units in March 2010 as against 19,054 units in March 2009. Motorcycle registered a growth of seven per cent in March 2010 at 64,120 units.
Exports maintained their upward course, posting double-digit growth of 23 per cent during March 2010, registering sales of 20,067 units against 16,340 units in March 2009.
Three-wheeler sales, too, continued its growth, posting sales of 2,431 units in March 2010 against 650 units in March 2009.