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Home -> Finance -> Full Story
TVS to launch new motorcycle 'Centra' in December
Saturday, November 1 2003 18:10 Hrs (IST)

Bangalore: TVS Motor Company said today (Nov 1) it would launch a new four stroke motorcycle 'TVS Centra' and an upgraded 125 CC 'TVS Victor' in December.

Meanwhile, TVS said it registered a growth of four per cent in the total two-wheelers sold by the company by recording sales of 1,04,308 units last month, compared with 1,00,220 last year during the same period.

The company's growth last month was lower than the market due to the drop in sales of two-stroke Max motorcycles, it said in a statement. This trend will continue till December by which time it would launch 'Centra' and the upgraded 'Victor'.

The company said 'TVS Victor' surpassed the seven-lakh unit mark in just 24 months. TVS's motorcycles sales last month stood at 61,777 units taking the total motorcycle sales this financial year period April 2003 to October to 4,24,904, up by three per cent compared to 4,12,156 units recorded last year for the same period.

'TVS Scooty' sold 20,779 units last month, an increase of 36.5 per cent compared with the same month last year (15,226), the statement said, adding this growth trend had been buoyed by good customer response to the recently launched four stroke 'Scooty Pep'.

'TVS Moped' sales grew 19.3 per cent last month by clocking 21,752 units compared with 18,230 in October last year.

PTI