India Yamaha Motor sales up by 17% in May

Two-wheeler manufacturer India Yamaha Motor today reported a 17.04 per cent increase in its May sales, at 25,033 units.

The company had sold 21,388 units in the same month last year, it said in a statement.

Domestic sales of the company rose by 3.91 per cent to 17,614 units in May, from 16,952 units in the same month of 2009, it added.

During the last month, the company exported 7,419 units against 4,436 units in the year-ago period, a jump of 67.25 per cent.

"We have been receiving a tremendous response from Indian and overseas markets across all product segments. We are impressed with the response we are receiving for the entry-level YBR 110 and refreshed FZ16 and FZ-S deluxe segment bikes, which have helped increase our sales numbers," India Yamaha Motor Director and Chief Sales Officer Koji Arai said.

He said that the company will continue to focus on dealership expansion in the domestic market to sustain its sales growth.