TVS Motor sales down 15.1% in July

Two-wheeler maker TVS Motor Company reported 15.1% dip in sales at 1,61,255 units in July,2012.

Two-wheeler maker TVS Motor Company today reported a 15.1 per cent dip in sales at 1,61,255 units in July,2012.

The city-based company had sold 1,89,962 units during the same month of last year.

Sales of two-wheelers declined to 1,57,954 units in July 2012 from 1,86,672 units in July 2011,the company said in a statement.

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Domestic sales dipped to 1,40,822 units in July from 1,60,348 units in the same month of last year,it said.

TVS had sold 53,355 motorcycles in July,2012 as against 70,170 units in July,2011. Sales of scooters also fell to 40,895 units in July,2012 from 49,333 units in the same month of last year.

Exports also declined by 32.7 per cent to 19,182 units in the reporting month as against 28,542 units in July last year.

Two-wheeler exports comprised 17,132 units in July 2012 as against 26,324 units in July 2011,it said.

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The company reported a marginal increase in three wheeler sales to 3,301 units in July 2012 as against 3,290 units in the same month of last year,the statement added.

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