TVS Motor sales shoot up 10% in May to 309,865 units, exports grow 53%

Two-wheeler exports grew by 48.7% to 51,904 units increasing from 34,899 units in the same month a year ago

TVS Motor Company registered sales growth of 9.8 per cent to 309,865 units in the month of May 2018 from 282,007 units in the same month of last year. Total two-wheeler sales registered growth of 8.2 per cent to 298,135 units from 275,426 units during the period, and exports of two-wheelers grew by 48.7 per cent during the month.

There was a onetime impact due to transition to E-way Bill. This will normalise from June onwards, said the company.

Domestic two-wheelers recorded a marginal growth of 2.4 per cent with sales increasing to 246,231 units in May, this year, from