TVS Motor June sales down 4%

Exports rise 32%, three-wheeler segment posts 108% growth

TVS Motor Company today reported a 4% drop in two-wheeler sales in June at 1,57,351 units as against 1,65,438 units recorded in June 2012.

Domestic sales stood at 1,37,331 units in the month of June against 1,47,893 units in June last year. Motorcycles sales stood at 59,015 units in June against 61,274 units in June 2012. Scooters registered sales of 38,684 units in June 2013 against 38,166 units in the same month of the previous year.

Company's total exports grew by 32%, increasing from 19,750 units in June 2012 to 26,047 units in June 2013. Two wheeler exports registered a growth of 14%, with sales of 20,020 units in June 2013 against 17,545 units in June 2012.

The company witnessed a significant increase in the three wheeler segment with sales growing 108% from 3,255 units in June 2012 to 6,777 units in June 2013