TVS Motor July sales dip 10% YoY, total exports down to 62,389 units

Three-wheeler sales were at 8,956 units in July, as against 13,786 units in the year-ago period, it added.
TVS Motor Company on Saturday reported a 10 per cent decline in total sales at 2,52,744 units in July 2020.

The company had sold 2,79,465 units in the corresponding month last year, TVS Motor Company said in a statement.

Total two-wheeler sales were at 2,43,788 units last month, as compared to 2,65,679 units in July 2019, down 8 per cent, while domestic two-wheeler sales were at 1,89,647 units in the period under review, as against 2,08,489 units in the year-ago month, down 9 per cent.

Motorcycle sales were at 1,06,062 units last month, as against 1,08,210 units in July 2019, while scooter sales were at 78,603 units, as against 1,05,199 units in July 2019, the company said.

Three-wheeler sales were at 8,956 units in July, as against 13,786 units in the year-ago period, it added.

Total exports last month stood at 62,389 units, as against 69,994 units in July 2019, while two-wheeler exports were at 54,141 units, as against 57,190 units a year ago.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel