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TVS Motor sales jump 6% in January

Two-and-three-wheeler maker TVS Motor Company has registered a 5.90 per cent increase in total sales to 1,86,313 units in January 2014.

The city-based company had sold 1,75,931 units in the same month of the previous year, TVS Motor Company said in a statement.

Total two-wheelers sales in January 2014 rose to 4.70 per cent to 1,79,576 from 1,71,513 units sold during the same month of the previous year.

Domestic two-wheeler sales grew to 1,56,138 units in January 2014 from 1,54,107 units sold in the same month last year. Sales of scooters grew by 19.1 per cent to 45,198 units in January 2014 from 37,946 units sold during the same month of the previous year.

Sales of motorcycles grew to 65,449 units in Jan 2014 from 64,555 units sold during the same month of the previous year.

Three-wheeler sales during January 2014 grew by 52.4 per cent to 6,737 units from 4,418 units sold during the same month of the previous year.

On exports, the company witnessed a 39.3 per cent increase in its sales to 28,875 units in January 2014 from 20,723 units sold during the same month of previous year.

Sales of two-wheelers in overseas markets grew by 34.6 per cent to 23,438 units in January 2014 from 17,406 units sold in the same month of the previous year.