TVS Motor sales slide in November

Nation No Comments on TVS Motor sales slide in November 2

Chennai, Dec 2 (IANS) The TVS Motor Company Ltd., maker of two and three wheeler sold around 9,900 lesser units last month as compared to the same period in 2012.

The company said Monday it had billed its dealers 161,908 units last month down from 171,837 units in November 2012.

While the company’s two wheeler sales skid last month, its sales of three wheelers went up by 25 percent.

TVS Motor sold 155,604 two wheelers and 6,304 three wheelers the last month against 166,783 two wheelers and 5,054 three wheelers in November 2012.

The company said it is well positioned to take advantage of the conventionally strong fourth quarter and production would be ramped up to meet the demand.

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