TVS submits an 8 percent growth

Courtesy to the expanding demand for its scooters, TVS Motor Company has managed to secure a robust eight per cent hike in the month of June 2015 in comparison to the similar period in the previous year 2014. The company managed to sell across 2.05 lakh units in the previous month, supporting it to secure its fourth position in the  two-wheeler market in the country.

 

The native two-wheeler market supported TVS enlarge its trades by seven per cent, as the maker traded 1.77 lakh units in the month of June 2015 as compared 1.69 lakh it had primed in the identical month, during the last year. At the same time the business of scooters elevated by five per cent bouncing from 58,328 units in the month of June 2014 to 61,241 units in similar month of June in this current year 2015, the motorbike trade reported an immense hike of above 16 per cent, expanding from 76,734 units in June 2014 to 88,675 in June during the present year 2015.

 

Shipping stats of two-wheelers have also bounced by 25 per cent whereas the commercial three-wheeler segment submitted 24 per cent hike.It looks like the manufacturer’s requirement for commuter bikes and scooters is gradually electing up pace. The TVS previous couple of launches such as the Star City Plus and the Scooty Zest have been doing well in the market, supporting it rise its complete market portion.

 

Even the Jupiter lately developed as one of the fastest trading scooters in the Indian market, by going above the five lakh unit sales benchmark in merely 18 months post to its introduction. The TVS is also intending to heighten its commuter section by getting the Victor range to make a come-back for the Indian and other international markets.