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TVS Motor reports 8% sales growth in August

01 Sep 2018 Evaluate

TVS Motor has registered a sales growth of 8% increasing from 317,563 units in August 2017 to 343,217 units in the month of August 2018. Total two-wheelers registered growth of 7% with sales increasing from 309,146 units in August 2017 to 330,076 units in August 2018. Domestic two-wheelers recorded growth of 2% with sales increasing from 270,544 units in August 2017 to 275,688 units in August 2018.

Scooter sales of the company grew by 11% from 114,354 units in August 2017 to 126,676 units in August 2018. Motorcycles sales grew by 18% with sales increasing from 111,927 units in August 2017 to 131,743 units in August 2018.

The company’s total exports grew by 45% from 45,604 units registered in the month of August 2017 to 66,028 units in August 2018. Two-wheeler exports grew by 41% increasing from 38,602 units in August 2017 to 54,388 units in August 2018. Besides, three-wheeler of the company grew by 56% increasing from 8,417 units in August 2017 to 13,141 units registered in August 2018. 

TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.

Peers
Company Name CMP
Bajaj Auto 9695.00
TVS Motor Company 3889.95
Hero MotoCorp 4863.40
Eicher Motors 6825.00
OLA Electric Mobilit 34.19
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