TVS posts 10% sales growth

| | Jamshedpur | in Ranchi

TVS Motor Company registered a sales growth of 10% increasing from 282,007 units in May 2017 to 309,865 units in the month of May 2018. Two-wheeler exports growth was robust at 49 % and three-wheeler growth was at 78%. There was a onetime impact due to transition to E-Way Bill. This will normalise from June onwards.

Total two-wheelers registered growth of 8.2% with sales increasing from 275,426 units in May 2017 to 298,135 units in May 2018. Domestic two-wheelers recorded growth of 2.4% with sales increasing from 240,527 units in May 2017 to 246,231 units in May 2018.