TVS Motor sales down 8.18% in March

However, company registers over two-fold jump in three-wheeler sales; exports rise 12.8%

Two and three wheeler maker TVS Motor Company reported a 8.18% decline in sales in March to 1,67,583 units as against 1,82,527 units in the same month last year.

The city-based company witnessed a fall in two-wheeler sales to 1,62,507 units from 1,80,274 units in March, 2012.

Sales of two-wheelers in the domestic market also decreased to 1,43,239 units in March 2013 as against 1,60,736 units sold in March 2012, it said.

The company sold 61,808 units in March 2013 as against 65,994 units in the same month of last year.

Scooter sales were down to 29,261 units in March 2013 from 39,395 units sold in same month of previous year.

On the exports front, the company witnessed a 12.8% increase in March 2013, selling 23,342 units as against 20,690 units in March 2012, the company said.

However, the company's two-wheeler exports dipped to 19,268 last month as against 19,538 units in March 2012.

Its three-wheeler sales registered an over two-fold jump to 5,076 units during the month from 2,253 units in the corresponding month of 2012, the statement added.