TVS Motor sales down in April

Chennai, May 1 (IANS) Two and three wheeler maker TVS Motor Company Ltd closed last month with sales of 165,214 units, down from 174,455 units in April 2012, the Chennai-based company announced Wednesday.

The company said in a statement that it sold 160,502 two wheelers (domestic 142,794 units, exports 17,708 units) last month against 171,551 (domestic 151,181 units, exports 20,370 units) sold in April 2012.

Last month, TVS Motor sold 4,713 units up from 2,904 units sold in April 2012.

The company plans to launch a diesel-powered three-wheeler, a new motorcycle, a new scooter and product upgrades during the course of this fiscal.

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