TVS Motor Company clocks 8% sales growth in June 2015

TVS Motor Company recorded 8% growth in sales for the month of June 2015 with total sales increasing from 205,403 units recorded in the month of June 2014 to 222,099 units in the month of June 2015.

Exports

The company’s total exports grew by 26% with sales increasing from 34,103 units in the month of June 2014 to 43,025 units in June 2015. Two wheeler exports grew by 25% with sales increasing from 26,681 units in June 2014 to 33,233 units in June 2015.

Two Wheeler

Total two wheeler sales grew by 7% increasing from 196,486 units recorded in June 2014 to 211,002 units in June 2015. Domestic two wheeler sales increased by 5% from 169,805 units in June 2014 to 177,769 units in June 2015.

Scooters sales of the company grew by 5% increasing from 58,328 units in June 2014 to 61,241 units in June 2015. Motorcycles sales grew by 16% increasing from 76,734 units in the month of June 2014 to 88,675 units in June 2015.

Three Wheeler

Three wheeler sales of the company registered an increase of 24%, growing from 8,917 units in June 2014 to 11,097 units in June 2015.

First Quarter Sales Performance

During the first quarter of the current financial year, sales of TVS Motor Company grew 9% increasing from 5.84 lakh units recorded in the first quarter ended June 2014 to 6.38 lakh units n the quarter ended June 2015. Total two wheeler sales grew by 9% increasing from 5.59 lakh units in the first quarter of the previous year to 6.08 lakh units in the first quarter of the current year. Total three wheeler sales grew by 21% increasing from 0.25 lakh in the first quarter of the previous year to 0.30 lakh units in the first quarter of the current year.