TVS Motor total sales down 30 per cent in May
PTI
New Delhi |
Updated on
June 01, 2021
May month sales were lower due to lockdowns in many States TVS Motor Company on Tuesday reported sales of 1,66,889 units in May, down 30 per cent from 2,38,983 units sold in April this year.
The company had sold 58,906 units in May last year when sales were hit due to the nationwide lockdown imposed to curb the spread of the Covid-19 pandemic.
Total two-wheelers sales were at 1,54,416 units in May 2021 as against 2,26,193 units sold in April 2021. The company had sold 56,218 units in May 2020, TVS Motor Company said in a statement.
In a statement, the company said it sold 166,889 units (two-wheelers 154,416 units, three-wheelers 12,473 units) as against 58,906 units (two-wheelers 56,218 units, three-wheelers 2,688 units) sold in May 2020.
Deliveries to customers fell from 348,000 units retail in March to 192,000 in April, before slipping to 80,000 in May. Despatches from factories to dealerships in May are expected to be slightly higher at around 90,000-100,000 units.
TVS Motor Company, a leading two-wheeler and three-wheeler manufacturer, announced the opening of a 3S (sales, service and spares support) showroom in Baghdad with its distribution partner Ritaj Inter