TVS Motor Co reports 1% increase in August auto sales

tvsTVS Motor Company recorded total sales of 227,653 units in the month of August 2015 against 225,064 units in the month of August 2014; posting a growth of 1% over the same month of the previous year.

The company s total exports grew by 21% with sales increasing from 35,074 units in the month of August 2014 to 42,570 units in the month of August 2015. Two wheeler exports grew by 22% with sales increasing from 27,115 units in the month of August 2014 to 33,128 units in the month of August 2015.

Total two wheeler sales of the company increased from 215,244 units in the month of August 2014 to 216,781 units in the month of August 2015. Domestic two wheeler sales for the month of August 2015 stood at 183,653 units against 188,129 units in the month of August 2014.

Scooters sales grew by 11% increasing from 65,544 units in the month August 2014 to 72,865 units in the month of August 2015. Motorcycles sales grew by 6% increasing from 82,320 units in the month of August 2014 to 87,044 units in the month of August 2015.

Three wheeler sales of the company grew by 11%, increasing from 9,820 units in the month of August 2014 to 10,872 units in the month of August 2015.

MAHINDRA TWO WHEELERS

Mahindra Two Wheelers Ltd. (MTWL), part of the USD 16.9 billion Mahindra Group, today announced its sales numbers, which stood at 16,589 units for August 2015. The company’s exports for August 2015 were 2,233 units registering a growth of 57% over August 2014, while domestic sales during August 2015 were 14,356 units.

HMSI

HMSI reported a 2% jump in units sales for August to 3.95 lakh including exports of 22,060. Nearly all of the increase was due to higher exports.

HMSI