TVS Motor Company posts 4% sales growth in December 2015

Two wheeler sales up by 5.2%; exports dip slightly as three-wheeler shipments drag

TVS Motor Company has reported a four per cent growth in sales during December 2015, with total sales increasing from 194,481 units in December 2014 to 202,086 units in December 2015.

Total two wheeler sales increased by 5.2 per cent from 184,474 units recorded in December 2014 to 194,066 units in December 2015. Domestic two wheeler sales grew by 5.2 per ceny increasing from 159,918 units in December 2014 to 168,160 units in December 2015.

Scooter sales of the company grew by 21.4 per cent, from 53,613 units in December 2014 to 65,090 units in December 2015. Motorcycles sales increased from 70,573 units to 71,435 units.

The company's total exports registered sales of 32,771 units in the month of December 2015 as against 32,969 units registered in the month of December 2014.

Two-wheeler exports grew by 5.5% with sales increasing from 24,556 units in December 2014 to 25,906 units in December 2015.

The company registered sales of 8,020 units of three-wheelers in December 2015 as against sales of 10,007 units in December 2014.