TVS Motor sales fall 4% in March

Chennai-based TVS Motor Company today reported a 4.48% fall in sales for March at 1,82,527 units from 1,91,081 units in the same month of 2011.

For the entire 2011-12 fiscal, the company's total sales jumped 7.41% to 21,98,142 units from 20,46,541 units in the previous fiscal, TVS Motor Company said in a statement.
During March 2012, TVS Motor's two-wheeler sales witnessed a 3.48% decline at 1,80,274 units from 1,86,781 units in the same month last year, it added.
Motorcycle sales of the company went down by 17.14% last month to 65,994 units from 79,642 units in the year-ago period, it said.

The domestic two-wheeler maker's sales in March 2012 stood at 1,60,736 units, down 1.22% over 1,62,719 units in the same month of 2011.

The company said its total exports during the month dipped by 22.69% to 20,690 units against 26,762 units in March 2011.

Total three-wheeler sales also decreased by 47.60% to 2,253 units in last month from 4,300 units in the same month of 2011, the statement said.