TVS Motor two-wheeler sales increase marginally in August

Domestic two-wheeler sales continue to be under pressure

TVS Motor reported a marginal increase in two-wheeler sales during the month of August 2015 at 216,781 units as compared to 215,244 units, a year ago.

Domestic two-wheelers sales stood at 183,653 units as compared to 188,129 units, a drop of 2.37%.

Scooter sales, which includes exports also, grew by 11% to 72,865 units in August 2015 from 65,544 units in August 2014. Motorcycles sales, includes exports also, grew by six% to 87,044 units in August 2015 as compared to 82,320 units.

Company's total exports grew by 21% to 42,570 units in the month of August 2015 from 35,074 units in the month of August 2014. Two wheeler exports grew by 22% with sales increasing to 33,128 units in the month of August 2015 from 27,115 units in the month of August 2014.

Three wheeler sales of the company grew by 11% increasing to 10,872 units in the month of August 2015 from 9,820 units in the month of August 2014.

Total sales of the company stood at 2,27,653 units during the month, as against 2,25,064 units during the same month of last year, an increase of around 1%.