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TVS Motor May sales fall ~5% yoy

India Infoline News Service/ 10:54 , Jun 01, 2012

Total two-wheeler sales in May stood at 1.73 lakh units vs 1.81 lakh units sold in May 2011.

style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; text-align: justify; ">TVS Motor has reported total sales volume of 1.76 lakh units in May 2012 vs 1.85 lakh units sold in the same month last year. 


This translates into a decline of close to 5%. 


Total two-wheeler sales in May stood at 1.73 lakh units vs 1.81 lakh units sold in May 2011.


TVS Motors registered a year-on-year fall of 4.1% in its total domestic volumes in May 2012 at 153,195 units. Export volumes' fell last month by 12.8% yoy at 22,817 units. 


Mopeds' volume grew 3% yoy at 70,125 units during May 2012 while that of scooters was up 1.7% yoy at 38,833 units. Motorcycle sales fell 15.2% yoy during the month at 64,134 units. 


Three-wheeler volumes were lower by 27.7% on yoy basis at 2,920 units.

 



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