TVS Motor sales fall 2% in Nov

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TVS Motor Company which is the flagship company of TVS Group and is the third largest two-wheeler manufacturer in India stated that its total sales in November 2012 dropped marginally to 1,71,873 units against 1,75,535 units in the same period last year

The two-wheeler sales of the Chennai-based two-wheeler maker dropped 3.5 per cent to 1,66,783 units in November against 1,72,829 during the same period last year while the domestic sales witnessed a marginal decline at 1,50,056 units against 1,50,406 during November 2011.

Motorcycle sales of the company which manufactures a wide range of two-wheelers from mopeds to racing inspired motorcycles grew by 4.61 per cent to 65,494 units while scooter sales decreased 15.42 per cent to 37,470 units.

Similarly, the company witnessed an 86.77 per cent increase in three-wheeler sales at 5,054 units against 2,706 units in the same month of 2011.

The company is having their manufacturing plants at Hosur in Tamilnadu, Mysore in Karnataka and Solan in Himachal Pradesh.

TVS Motor company's total exports fell by 17.27 per cent to 20,080 units from 24,271 units in the same month previous year.

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Story first published: Monday, December 3, 2012, 13:30 [IST]
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