TVS Motor Company November sales down by 12%

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New Delhi, Dec 1 (UNI) The TVS Motor Company, country's third largest motorcycle maker, said its sales in November fell by 12 per cent as compared to the corresponding month last year.

During the month the company's motorcycle sales stood at 57,113 units in comparison to 68,874 units recorded in November 2006.

Exports recorded a rise over the previous year with the company exporting 10,408 units of two wheelers in October 2007 recording a growth of 37 per cent over November 2006's figures of 7,618 units.

"Sales are expected to move upward post new launches in the executive segment, which accounts for fifty per cent of the motorcycle market," said a statement.

In the scooter segment, TVS Scooty continued its steady upward trend, posting four per cent growth over the corresponding period last year with 22,566 units in November 2007 when compared to 21,791 units during the previous year.

UNI

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