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TVS Motor Company Reports Decline of 16.88% in Sales

TVS Motor Company Reports Decline of 16.88% in Sales

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TVS TVS

New Delhi, February 3, 2020:

TVS Motor Company has reported a decline of 16.88 percent in its total sales as on January, 2020.

The country’s second largest two-wheelers and three-wheelers manufacturer sold a total of 2,20,439 units in January as against 2,69,277 units in January, 2019. TVS cited the report through a statement.

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TVS, in its statement also said that it sold a total of 1,63,007 units of two wheelers in January in comparison to 2,28,654 units in 2019.

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There is a decline of an overall 18.13 percent and 28.71 percent decline in the domestic sales of TVS.

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The scooter manufacturer has reported a total export of 70,784 in January 2020, in comparison to 52,650 units in January, 2019.

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