Two wheeler maker TVS Motor Company reported a 15.1% dip in sales at 161,255 units in July, 2012. The city based company had sold 189,962 units during the same month of last year.

Sales of two wheelers declined to 157,954 units in July 2012 from 186,672 units in July 2011.

The company said that its domestic sales dipped to 140,822 units in July from 160,348 units in the same month of last year.

TVS had sold 53,355 motorcycles in July, 2012 as against 70,170 units in July, 2011. Sales of scooters also fell to 40,895 units in July, 2012 from 49,333 units in the same month of last year.

Exports also declined by 32.7% to 19,182 units in the reporting month as against 28,542 units in July last year.

It said that two wheeler exports comprised 17,132 units in July 2012 as against 26,324 units in July 2011.

Source - Economic Times

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