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TVS Motor aims to achieve sale of 50,000 scooters per month

10 Oct 2013 Evaluate

TVS Motor, which made foray into male scooter segment by launching Jupiter, is targeting to sell 50,000 units of its entire scooter portfolio in a month, within a year.

The company is aiming to sell around 15,000 to 16,000 units of Jupiter, the first product targeting male segment per month which help the company to increase its sale to 50000 units from 35,000 units at present.

Meanwhile, the company’s total two-wheeler sales stood at 1,89,609 units in September 2013 against 1,65,092 units in the year ago period, up 15%. Domestic two-wheeler sales surged 13% at 1,68,598 units in the month under review against 1,49,191 units in September 2012.

Peers
Company Name CMP
Bajaj Auto 9861.10
TVS Motor Company 3920.20
Hero MotoCorp 4991.10
Eicher Motors 6960.00
OLA Electric Mobilit 36.30
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