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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
     
     
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    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

    first published: Aug 1, 2013 11:23 am

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