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TVS Motor has reported a 26% growth in two-wheeler sales during the month of May 2014 at 201,234 units as compared to 159,346 units, a year ago. The growth was driven by scooter sales, which reported around 60% growth.
Domestic two-wheeler sales reported a 24% growth to 174,234 untis in May 2014 as compared to 140,056 units a year ago.
Scooter sales grew by 60% to 53,924 untis from 33,747 units and motorcycles sales were up by 28% to 85,475 units from 66,606 units in May 2013.
Exports increased by 42% to 34,623 units from 24,393 units in the year-ago period.. Two-wheeler exports increased by 40% to 27,000 units from 19,290 units.
Three-wheeler sales rose by 56% to 9,059 units from 5,805 units.
