TVS Motor registers sales growth of 11% in June 2017

The third largest two-wheeler manufacturer in India, TVS Motor Company, 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 sales registered a growth of 11.8%, with sales increasing from 240,236 units in June 2016 to 268,638 units in June 2017. Whereas the domestic two-wheeler sales grew by 10.4%, increasing from 207,012 units in June 2016 to 228,518 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 sales 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.

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.
 
Three-wheeler sales of the company registered sales of 5,153 units in June 2017 as against 7,128 units recorded in June 2016.
 
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.