TVS Motor total sales in August up 0.57 pc at 1,55,532 units

Total two-wheeler sales stands at 1,48,469 units against 1,50,740 units in year ago period, down 1.5%

Chennai-based TVS Motor Co today reported 0.57% increase in total sales in August at 1,55,532 units as against 1,54,647 units in the same month last year.

The company said its total two-wheeler sales stood at 1,48,469 units in the month against 1,50,740 units in the year ago period, down 1.5%.

Domestic two-wheeler sales were down 6.21% at 1,27,095 units in the month under review against 1,35,513 units in August 2012, TVS Motor Co said in a statement.

Motorcycles sales, however, grew by 14.23% to 61,313 units in August from 53,673 units in the same month last year, while scooters sales declined by 4.49% to 36,478 units as against 38,193 units in the same month last year, it added.

Exports during the month grew by around 53% at 27,425 units in August 2013 as compared to 17,934 units in the corresponding period last year.

Two-wheeler exports increased by 40% to 21,374 units in August this year as against 15,227 units in the same month last year.

In the three-wheeler segment, the company said total sales increased by around 81 to 7,063 units in August 2013 from 3,907 units in the corresponding month last year.