TVS Motor Company Sales Down By 18.8%

BW Online Bureau Nov 01, 2019

TVS Motor Company has registered sales of 323,368 units in October 2019 as against sales of 398,427 units in the month of October 2018. The company has seen an uptrend in October sales and has significantly rationalized BS-IV stocks for the transition to BS-VI.

Two-Wheeler

Total two-wheeler registered sales of 308,161 units in October 2019 as against sales of 384,307 units in the month of October 2018. Domestic two-wheeler registered sales of 252,684 units in October 2019 as against sales of 338,988 units in the month of October 2018.

Total Motorcycle registered sales of 125,660 units in October 2019 as against sales of 150,429 units in October 2018. Total Scooter sales of the Company registered 121,437 units in October 2019 as against sales of 151,040 units in October 2018.

Exports

The Company's total exports grew by 20% increasing from 57,926 units in October 2018 to 69,339 units in October 2019. Two-wheeler exports grew by 22% increasing from 45,319 units in October 2018 to 55,477 units in October 2019.

Three-Wheeler

Three-wheeler sales of the Company grew by 8% increasing from 14,120 units in October 2018 to 15,207 units registered in October 2019.