TVS Motor Company sees flat sales of 8.84 lakh units in Q1

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Hosur, July 01, 2019: TVS Motor Company registered sales of 297,102 units in June 2019 as against 313,614 units in the month of June 2018.

First Quarter Sales Performance

During the first quarter of the current financial year, two-wheeler posted sales of 8.84 lakh units in the first quarter of the current year as against sales of 8.93 lakh units in the first quarter of the previous year.  Sales of three-wheeler of the Company grew by 11% increasing from 0.36 lakh units in the first quarter of the previous year to 0.40 lakh units in the first quarter of the current year.

 Two-Wheeler

Total two-wheeler registered sales of 283,461 units in June 2019 as against 301,201 units in the month of June 2018.  Domestic two-wheeler registered sales of 226,279 units in June 2019 as against sales of 246,176 units in the month of June 2018.

Motorcycle sales grew by 2% with sales increasing from 128,825 units in June 2018 to 131,331 units in June 2019.  Scooter sales of the Company registered 99,007 units in June 2019 as against sales of 102,763 units in June 2018.

Exports

The Company’s total exports grew by 6% from 65,971 units registered in the month of June 2018 to 69,900 units in June 2019.  Two-wheeler exports grew by 4% increasing from 55,025 units in June 2018 to 57,182 units in June 2019.

Three-Wheeler

Three-wheeler of the Company grew by 10% increasing from 12,413 units in June 2018 to 13,641 units registered in June 2019.