TVS Motor logs negative growth in July

Source : IANS
Last Updated: Wed, Aug 01, 2012 10:40 hrs

Chennai, Aug 1 (IANS) Two- and three-wheeler manufacturer TVS Motor Company Ltd had a 28,707 unit-fall in sales last month as compared to the units sold during July 2011, a company statement said here Wednesday.

It said the company had logged a total sales of 161,255 (two-wheelers 157,954 units, three-wheelers 3,301 units) last month as against 189,962 units (two-wheelers 186,672 units, three-wheelers 3,290 units) registered in July 2011.

TVS Motor also experienced negative growth in exports last month. The company shipped out 19,182 units last month against 28,542 units in July 2011.

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