TVS Motor posts higher sales

On the back of robust growth in all segments, TVS Motor Co posted on Thursday the highest ever monthly sales for August at 1.70 lakh units.

While the overall growth in sales was 34 per cent over the same month last year, TVS's domestic sales went up 29 per cent and exports 62 per cent. With scooters and motorcycles posting 43 and 30 per cent growth respectively, total two wheeler sales of the company for the month grew 32 per cent to 167,109 units. The company's three-wheeler business also rose with sales of 3,626 units in August (1,033 units).