TVS Motor Company posts 15% sales growth in June 2018
TVS Motor Company registered a sales growth of 15% increasing from 273,791 units in June 2017 to 313,614 units in the month of June 2018.
Total two-wheelers registered growth of 12.1% with sales increasing from 268,638 units in June 2017 to 301,201 units in June 2018. Domestic two-wheelers recorded growth of 7.7% with sales increasing from 228,518 units in June 2017 to 246,176 units in June 2018.
Scooter sales of the Company grew by 13.6% from 90,448 units in June 2017 to 102,763 units in June 2018. Motorcycles sales grew by 14.9% with sales increasing from 112,146 units in June 2017 to 128,825 units in June 2018.
The Company's total exports grew by 48.6% from 44,389 units registered in the month of June 2017 to 65,971 units in June 2018. Two-wheeler exports grew by 37.2% increasing from 40,120 units in June 2017 to 55,025 units in June 2018.
Three-wheeler of the Company grew by 140.9% increasing from 5,153 units in June 2017 to 12,413 units registered in June 2018.
First Quarter Sales Performance
During the first quarter of the current financial year, two-wheeler sales grew by 13.7% increasing from 7.85 lakh units in the first quarter of the previous year to 8.93 lakh units in the first quarter of the current year. Sales of three-wheelers of the Company grew by 108.5% increasing from 0.17 lakh units in the first quarter of the previous year to 0.36 lakh units in the first quarter of the current year.
About TVS Motor Company
We are a reputed two and three-wheeler manufacturer, and the flagship company of the USD 7 billion TVS Group. We believe in Championing Progress through Mobility. Rooted in our 100-year legacy of Trust, Value, Passion for Customers and Exactness, we take pride in making internationally aspirational products of the highest quality through innovative and sustainable processes. We endeavour to deliver the most superior customer experience at all our touch points across 60 countries. We are the only two-wheeler company to have received the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys for the past four years. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for consecutive three years. For more information, please visit www.tvsmotor.com.
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