TVS Motors Reports a Decline of Over 18% in October

Chennai, November 2, 2019:

TVS Motor Company Ltd said it sold 3,23,368 units last month (October), a decline of over 18 per cent, as against sales in the month of October 2018.

TVS Motor Company Ltd is one of the largest two and three-wheeler makers in the entire country.

In an official statement issued by the company stated that it registered a total sale of 3,23,368 units (two-wheelers 308,161 units, three-wheelers 15,207 units) in October 2019. This is against sales of 3,98,427 units (two-wheelers 384,307 units, three-wheelers 14,120 units) in the month of October 2018. The record is of a decline of 75,059 units yoy basis.

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In the domestic market, the company had logged two-wheeler sales of 2,52,684 units in October 2019 as against sales of 3,38,988 units in the month of October 2018.

The total motorcycle registered sales of 1,25,660 units in October 2019 which was earlier 1,50,429 units in October 2018.

The total scooter sales of the Company registered 1,21,437 units in October 2019 as against sales of 151,040 units in October 2018.

TVS’s total exports grew by 20 per cent increase from 57,926 units in October 2018 to 69,339 units in October 2019.

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