TVS Motors Witnesses Growth During December, 2014

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Indian two-wheeler giant TVS Motors has launched a few new products in 2014. They have a strong line up of new products for the year 2015. At the recent Auto Expo held in New Delhi they had showcased an array of products.

TVS Motors now reveal to us their December, 2014 sales report. The two-wheeler and rickshaw manufacturer is reporting a growth of nearly 20 percent. This is phenomenal sales numbers in the final month of 2014.

In December, 2013 the manufacturer managed to sell 1,53,358 two wheelers. TVS Motors outdid themselves by selling 1,81,994 two wheelers in December, 2014. This is an increase of almost 19 percent in respect to two wheelers.

Their major sales have come from its three-wheeler offering, which accounted for a growth of 61 percent. TVS Motors sold 9,886 three-wheelers in December, 2014. During December, 2013 the Indian based manufacturer sold 6,137 three-wheelers.

Their scooters also sold well and witnessed growth of 25 percent. During December, 2014 TVS sold 52,411 scooters. During December, 2013 the manufacturer accomplished selling 41,817 scooters.

TVS Motors also exports its products to international markets. In December, 2013 they exported 25,797 vehicles. During December, 2014 they managed to export 32,969 vehicles to international markets. The Indian manufacturer has witnessed growth of more than 28 percent.

The Indian manufacturer will be up its ante in 2015, they are expected to launch new scooters as well as motorcycles. They are also working on developing a quadricycle, which is expected to replace the rickshaws that ply on Indian roads.

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Read more on: #tvs #two wheeler #auto news
Story first published: Friday, January 2, 2015, 11:06 [IST]
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