MoneyWorks4Me

TVS Motor registers marginal increase in August sales

02 Sep 2013 Evaluate

TVS Motor Company registered 0.57% increase in total sales in August 2013 which stood at 155,532 units as against 154,647 units in the same month last year. The company’s total two-wheeler sales stood at 148,469 units in the month against 150,740 units in the year ago period, down 1.5%. Domestic two-wheeler sales were down 6.21% at 127,095 units in the month under review against 135,513 units in August 2012.

The Motorcycles sales, however, grew by 14.23% to 61,313 units in August from 53,673 units in the same month last year, while scooters sales declined by 4.49% to 36,478 units as against 38,193 units in the same month last year.

The exports during the month grew by around 53% at 27,425 units in August 2013 as compared to 17,934 units in the corresponding period last year. Two-wheeler exports increased by 40% and stood at 21,374 units in August this year as against 15,227 units in the same month last year.

In the three-wheeler segment, the company’s total sales increased by around 81% to 7,063 units in August 2013 from 3,907 units in the corresponding month last year.

Peers
Company Name CMP
Bajaj Auto 9861.10
TVS Motor Company 3920.20
Hero MotoCorp 4991.10
Eicher Motors 6960.00
OLA Electric Mobilit 36.30
View more..