TVS Motor Company posts 11% sales growth in June 2017 - GaadiKey

TVS Motor Company posts 11% sales growth in June 2017

TVS Motor Company posts 11% sales growth in June 2017

TVS Motor Company registered a sales growth of 11% increasing from 247,364 units in June 2016 to 273,791 units registered in the month of June 2017.

Two-Wheeler

Total two-wheeler registered growth of 11.8% with sales increasing from 240,236 units in June 2016 to 268,638 units in June 2017. Domestic two-wheeler sales grew by 10.4% increasing from 207,012 units in June 2016 to 228,518 units in June 2017.

Scooter sales of the Company grew by 33.8% from 67,590 units in June 2016 to 90,448 units in June 2017. Motorcycles grew by 17.4% from 95,542 units in June 2016 to 112,146 units in June 2017.

Exports

The Company’s total exports grew by 13.3% from 39,163 units registered in the month of June 2016 to 44,389 units in June 2017. Two-wheeler exports grew by 20.8% increasing from 33,224 units in June 2016 to 40,120 units in June 2017.

Three-Wheeler

Three-wheeler of the Company registered sales of 5,153 units in June 2017 as against 7,128 units recorded in June 2016.

First Quarter Sales Performance

During the first quarter of the current financial year, two-wheeler sales grew by 12% increasing from 7.01 lakh units in the first quarter of the previous year to 7.85 lakh units in the first quarter of the current year. Sales of three-wheelers of the Company remained at the same level as that of the corresponding quarter of the previous year at 0.17 lakh units.

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Author: Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to reach@gaadikey.com for any enquiries. Follow me on twitter and facebook as well!

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