TVS Motor sales decline 9.5% to 252,744 units in July, Auto News, ET Auto

The company sold 106,062 motorcycles in July 2020 as against 108,210 units in July 2019.
The company sold 106,062 motorcycles in July 2020 as against 108,210 units in July 2019.

New Delhi: TVS Motor Company registered a sales decline of 9.56 percent in July 2020 with 252,744 units as against 279,465 units registered in the month of July 2019.

However, the Chennai based automaker witnessed a Month-on-Month sales growth of 27 percent. The company had sold 198,387 units in June 2020.

Total two-wheeler sales dipped 8.24 percent to 243,788 units in July 2020 as against 265,679 units in July 2019. Domestic two-wheeler registered sales were down 9.03 percent to 189,647 units in the outgoing month as against 208,489 units a year ago.

The company sold 106,062 motorcycles in July 2020 as against 108,210 units in July 2019. Scooter sales stood at 78,603 units in July 2020 as compared to 105,199 units in the corresponding month last year.

TVS’ three-wheeler sales registered a sharp dip of 35.03 percent at 8,956 units in July 2020 2020 as against 13,786 units in July 2019.

The company exported 62,389 units in the month of July 2020 as against 69,994 units in July 2019. Two-wheeler exports registered sales of 54,141 units in July 2020 as against 57,190 units in July 2019.

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