TVS sales grow marginally in November 2015

TVS Motor Company released its sales figure for the month of November. The Hosur based manufacturer sold 225,401 units in the month of November 2015 as against 220,046 units recorded in the month of November 2014. Thereby registering a modest growth in terms of overall sales figure. Two-wheeler sales stood at 217,706 units in the month of November 2015 as compared to 210,979 units recorded in the month of November 2014 which resulted in a growth of six per cent. Scooter sales for TVS continues to impress as it sold 76,043 units in last month as opposed to 62,223 units it had managed to sell in the same corresponding month last year. The success in the scooter segment can be credited to the Jupiter which continues to be the best 110cc scooter to be on sale in India. (TVS Jupiter vs Hero Maestro Edge Comparison Review). 

Motorcycles sales stood at 82,163 units in November 2015, in comparison to 86,424 units in the month of November 2014. TVS is all-set to re-launch the Victor brand in India by January. The new TVS Victor will be a 125cc motorcycle and the Hosur based manufacturer will be banking on the new motorcycle to further improve its sales figure. The BMW G310R was unveiled recently which is a motorcycle that has been designed by BMW Motorrad but will be manufactured by TVS Motors in India.