TVS March bike sales slip 12.7 pc

New Delhi, Apr 2 (UNI) TVS Motor Company, India's third largest two-wheeler maker, today reported a drop of 12.7 per cent in its March sale of motorcycles at 73,239 units compared to 83,896 in the same month last year.

The company sold 1,28,207 units of two wheelers in March this year as against 1,28,857 units in March 2006, a decline of 0.5 per cent on year-on-year.

However, TVS' registered annual sales of 9,24,813 motorcycles in 2006-07 compared to 8,06,708 units in 2005-06, a growth of 15 per cent.

The total two wheeler sales rose 14 per cent at 15,28,214 units compared to 13,42,204 units recorded in the previous financial year.

The company's scooter sales recorded 2,58,888 units in FY07 compared to 2,45,276 units in FY06, up by 6 per cent.

In exports, the company recorded 8,508 units in March 2007 compared to 6,032 units recorded last year, a growth of 41 per cent.

UNI