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TVS Motors’ sales surge in September

by BQ News Bureau
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The TVS Motor Company registered a sales growth of 14 per cent in September 2020 with 327,692 units, against 287,398 units in August 2020.

It registered sales of 327,692 units in September 2020 against 315,796 units the same month last year. Production during September was much higher despite continued challenges in the supply chain due to Corona.

Two-wheeler sale was at 313,332 units in September 2020, as against 300,793 units in September 2019. Domestic two-wheelers registered a sale of 241,762 units in September 2020, as against 243,047 units in September 2019. Motorcycles registered a sale of 139,698 units in September 2020 against 123,918 units in September 2019. Scooter sales registered 103,877 units in September 2020, against 118,612 units in September 2019.

The company’s total exports grew by 19 per cent with a sale of 85,163 units in September 2020, against 71,569 units in September 2019. Two-wheeler exports grew by 24 per cent at 71,570 units in September 2020, against 57,746 units in September last.

In the second quarter of this fiscal, two-wheelers posted a sale of 8.34 lakh units against 8.42 lakh units in the second quarter of 2019-20. Three-wheelers’ sale was at 33,000 units in the second quarter, against 43,000 units in the corresponding period last year.

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