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TVS Motor sales up 18% at 1,85,930 units in May

Scooter sales grew by 20% to 38,168 units in May 2011, from 31,884 units in May, 2010

Chennai-based TVS Motor Company reported an 18.44% increase in total sales to 1,85,930 units in May 2011, against 1,56,980 units in the same month last year.

Total two-wheeler sales grew by 17.6% to 1,81,891 units in May 2011, in comparison to 1,54,667 units in May 2010, the company said in a statement.

During the month, total motorcycles grew by 11.35% to 75,619 units, against 67,906 units in the same month last year, it said.

Scooter sales grew by 20% to 38,168 units in May 2011, from 31,884 units in May, 2010, it added.

Domestic two-wheeler sales of the company grew by 16%, with sales of 1,58,829 units in May 2011, against 1,36,621 units in May 2010, it said.

Three-wheeler sales in May 2011, stood at 4,039 units, against 2,313 units in the comparable month of the previous year, a growth of 75%.

Exports grew by 42%, with total sales of 26,168 units in May 2011, against 18,482 units in the same month of the previous year, it said.

Toyota recalls 139,000 Prius, iQ cars globally

OSAKA: Toyota Motor Corp , the world's largest automaker, said it will recall 139,420 Prius and iQ cars globally for defects in electric power-steering and brakes.

The automaker, based in Toyota City , Japan, will fix power-steering problems in 105,784 Prius gasoline-electric hybrids and brakes in 33,636 iQ compact cars, according to spokeswoman Shiori Hashimoto in Tokyo.

Toyota last year formed a global quality committee, headed by President Akio Toyoda, following record recalls for problems related to unintended acceleration. It has also established new technology centers around the world to gather information on suspected quality problems and quicken decision-making on recalls.

Toyota will recall 47,784 Prius vehicles in Japan and 58,000 overseas, of which 52,000 will be in the U.S., the automaker said. The company will also fix 21,636 iQ cars in Japan and 12,000 overseas, mainly in the U.K., it said. The Prius cars to be recalled were produced between October 1997 and May 2003, while the iQs were made between September 2008 and May 2010, the carmaker said.