TVS Motor Posts 11% Sales Growth In June


TVS Motor Company, the third largest two-wheeler manufacturer in India registered a sales growth of 11%, increasing from 247,364 units in June 2016 to 273,791 units in the year-ago period.

The company’s total two-wheeler registered growth of 11.8% with sales increasing from 2,40,236 units in June 2016 to 2,68,638 units in June 2017. Whereas the domestic two-wheeler sales grew by 10.4% increasing from 2,07,012 units in June 2016 to 2,28,518 units in June 2017.

The company’s scooter sales grew by 33.8% from 67,590 units in June 2016 to 90,448 units in June 2017. Motorcycles grew by 17.4% from 95,542 units in June 2016 to 112,146 units in June 2017.

The company's total exports grew by 13.3% from 39,163 units registered in the month of June 2016 to 44,389 units in June 2017. Two-wheeler exports grew by 20.8%, increasing from 33,224 units in June 2016 to 40,120 units in June 2017.

Three-wheeler of the company registered sales of 5,153 units in June 2017 as against 7,128 units recorded in June 2016. During the first quarter of the current financial year, two-wheeler sales grew by 12%, increasing from 7.01 lakh units in the first quarter of the previous year to 7.85 lakh units in the first quarter of the current year.

Sales of three-wheelers of the company remained at the same level as that of the corresponding quarter of the previous year at 0.17 lakh units.

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