TVS Motor sells 1.54 lakh units in July, down 5% YoY
The company, which makes the Phoenix motorcycle and the gearless Scooty, saw two-wheelers dip 7 percent to 1.47 lakh units, last month.
August 01, 2013 / 11:23 IST
Moneycontrol Bureau
TVS Motor's total sales in July slipped 5 percent year-on-year to 1.54 lakh units, the two-wheeler maker said on Thursday.Most two-wheeler makers in India have seen sluggish growth over the last few months and there seems to be no turnaround yet.The company's two-wheeler sales fell 7 percent from a year ago to 1.47 lakh units.Exports, however, were up 36 percent to 26,145 units, last month.At 11:00 hrs, TVS Motor shares were trading down 3.4 percent at Rs 30.10 on NSE.Also Read: Maruti Suzuki July sales rise 1% to 83,299 units Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!