TVS Motor Company announced that the company has recorded an overall growth of two percent for the span of April 2015. The growth percentage figure is comprised of both two-wheeler sales as well as three wheelers sales. The scooter sales went up by almost 10 percent as the company managed to sell 69,626 units of scooters in July 2015 as compared to 63,250 units sold in the same timeline in last year. Apart from the scooter segment growth, the company also recorded decent hike in the number of exported units, TVS Motors managed to export 42,677 units in the month of July 2015 as compared to 36,986 units exported in the same month last year.
It is measured to be almost 15 percent growth in terms of units exported by TVS. Even though scooter sales and export figures witnessed a decent growth, the motorcycle sales went down and company failed to sell the equivalent numbers of motorcycles. TVS Motors sold 80,658 motorcycles in July 2014 which is higher than 77,397 motorcycles sold by TVS in July this year. The overall units sold by TVS motors in July 2015 is 2,18,321, it includes two wheelers as well as three wheelers. Last year TVS sold 2,14,324 units in the same month. TVS is also working with the German premium motorcycles manufacturer BMW Mottard. Both are working on to introduce a 350cc single cylinder motorcycle which is codenamed KO3.