LML motorcycle sales soar
By Our Corporate Bureau | 02 Jul 2003
Chennai: Two-wheeler manufacturer LML in June 2003 recorded a six-fold growth on a year-on-year basis in its motorcycle sales.
The company's motorcycle sales grew from 2,398 units in June 2002 to 16,781 units in June 2003, representing a six-fold increase.
Motorcycle sales, for the first three months of the current financial year 2003-04, stood at 55,259 units compared to 7,278 units in the previous year.
The growth in motorcycle sales comes from Freedom model, whose total population on road has crossed 1,80,000 units within a year of its launch.
The total two-wheeler sales of the company, including scooters, grew from 9,190 units in June 2002 to 19,962 units in June 2003.