Two-wheeler and three-wheeler manufacturer TVS Motor Company has closed April with a 7% growth in sales volume in the domestic market as compared to the corresponding period of 2011. The company registered 151,181 units in April 2012 against 141,619 units in April 2011 in India.
Including exports, the company's total sales grew by 4% in April 2012 with sales of 174,455 units compromising 171,551 unit two-wheelers and 2,904 unit three-wheelers against 167,744 units compromising 164,183 unit two wheelers and 3,561 unit three-wheelers registered in April 2011.
Recently, the company had inked a memorandum of understanding with Central Bank of India to offer loan for the former’s three wheeler TVS King. As per the agreement the bank would offer 90 percent funding to TVS King customers in all 4,000 branches of the bank.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 10483.00 |
| Hero MotoCorp | 5117.00 |
| TVS Motor | 3586.50 |
| Eicher Motors | 7176.45 |
| Ather Energy | 927.15 |
| View more.. | |
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