Hyundai was the first major automaker to flag a hit to its manufacturing outside China when it halted production at home, its biggest manufacturing base.
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TVS Motor Company too registered sales of 2.53 lakh units in February as against sales of 2.99 lakh units in the same month of last year with exports increasing to 82,877 units.
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Motorcycle registered sales of 118,514 units in February 2020 as against sales of 122,551 units in February 2019.
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Total domestic sales also saw a steep decline of 24% to 168,747 units in February 2020
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Honda Cars India registers domestic dispatches of 7,269 units of BS-6 vehicles in February 2020
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Tata Motors registered domestic sales of 38,002 units in February 2020
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The company has sold 158 units of its electric SUV ZS EV.
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Hyundai declined to say how much its subsidies will amount to. Globally, the company is betting heavily on hydrogen with plans to spend $6.7 billion on hydrogen technology by 2030.
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Delivery waiting period of the e-bike brought down from 5 months to 90 days.
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CADISA is representing brand TVS Motor Company across Guatemala and El Salvador.
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