TVS Motor Company reported a sales growth of 3% for its two- and three-wheeler sales in October.
TWO WHEELERS
Scooter sales grew by 15.7% to 106,910 units in October 2017.
Motorcycles sales grew by 3.2% to 125,409 units in October 2017.
However, the growth came largely from exports.
Two-wheeler exports grew by 20.0% increasing from 31,656 units in October 2016 to 37,992 units in October 2017.
In the domestic market, two-wheeler sales fell to 270,372 from 272,229 last year.
As a result, total two-wheeler registered growth of 1.5% with sales increasing from 303,885 units in October 2016 to 308,364 units in October 2017.
The company has been one of the better performing two-wheeler companies in India so far this year.
THREE WHEELERS
Three-wheeler of the Company grew by 88.3% to 9,047 units.