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India Yamaha Motor sales up 55% in May

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Press Trust of India New Delhi

Two-wheeler maker India Yamaha Motor today reported a 55% increase in total sales to 38,812 units in May, compared to the corresponding month a year ago.

The company sold 25,033 units in the same month last year, India Yamaha Motor said in a statement.

In the domestic market, the company's May sales stood at 27,959 units, as against 17,614 units in the same month last year, up 58.7%.

Commenting on the sales performance, India Yamaha Motor CEO and Managing Director Hiroyuki Suzuki said: "We are seeing good sales growth this year and expect the momentum to continue for the rest of the year."

Exports of India Yamaha rose by 46.28% to 10,853 units in May, 2011, from 7,419 units in the year-ago period, the company said.

 

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First Published: Jun 01 2011 | 3:56 PM IST

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