TVS Motor posts 4% sales growth in December ‘15

Home grown two- and three-wheeler maker, TVS Motor Co, has recorded a 4% growth in sales during the month of December 2015, with total sales increasing from 194,481 units in the month of December 2014 to 202,086 units in December 2015.

Two Wheeler

The domestic two-wheeler sales of the company grew by 5.2% increasing from 159,918 units in December 2014 to 168,160 units in December 2015.

Scooters sales of the company grew by 21.4% YoY, posting sales of 65,090 units in December 2015 compared to 53,613 units sold in the same period last year. Motorcycles sales of the company increased from 70,573 units in the month of December 2014 to 71,435 units in December 2015.

Three Wheeler

The company registered sales of 8,020 units of three-wheelers in December 2015 as against sales of 10,007 units in December 2014.

Exports

The company total exports included 32,771 units in the month of December 2015 as against 32,969 units registered in the month of December 2014. Two wheeler exports grew by 5.5% with sales increasing from 24,556 units in December 2014 to 25,906 units in December 2015.