TVS Motor sales up 5 percent in May

June 1st, 2009 - 8:12 pm ICT by IANS  

Chennai, June 1 (IANS) City-based two-wheeler manufacturer TVS Motor Co Monday reported 5 percent growth in its last month sales at 118,574 units, compared to 112,770 vehicles sold in May 2008.
The company in a statement said its domestic motorcycles sales grew 3 percent to 43,165 units from 41,901 vehicles it sold in the like period last year.

Sales of scooters stood at 22,486 units last month, marginally down from 22,931 units recorded in the corresponding period last year.

The economic slowdown has impacted the company’s exports, which fell from 14,071 units in May 2008 to 11,135 units last month, the statement said.

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