TVS Motor sales down 22% in September

Scooter sales dipped by 28.3% to 40,055 units

Chennai-based two-wheeler maker TVS Motor Company today reported 22.46% decline in its total vehicle sales in September at 1,70,097 units.

The company had sold 2,19,369 units in the same month last year, TVS Motor Company said in a statement.

Total two-wheeler sales of the company fell by 23.46% last month to 1,65,092 units from 2,15,690 units in the year-ago period, it added.

Scooter sales dipped by 28.32% to 40,055 units in September from 55,879 units in the same month of 2011, while motorcycle sales went down by 29.74% to 63,832 units from 90,848 units in the year-ago period.

The company's domestic two-wheeler sales registered a decline of 22.31% to 1,49,191 units as against 1,92,027 units in September 2011.

Three-wheeler sales of the company, however, went up by 36.04% to 5,005 units from 3,679 units in the same month of 2011, the statement said.

Company's total exports decreased by 27.55% to 18,818 units from 25,973 units in the same month previous year, it added.