TVS Motor Co sales down 14.67 pc in Dec

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Chennai-based TVS Motor Company on Thursday reported 14.67 per cent decline in total sales to 2,31,571 units in December 2019.

The company had sold 2,71,395 units in December 2018, TVS Motor Co said in a statement.

Total two-wheelers sales were at 2,15,619 units last month as against 2,58,709 units in December 2018, down 16.65 per cent.

Domestic two-wheeler sales were down 25 per cent at 1,57,244 units last month as compared to 2,09,906 units in the corresponding month in 2018, it added.

Motorcycle sales stood at 93,697 units as against sales of 1,07,189 units in December 2018, while scooter sales were at 74,716 units in December 2019 as against sales of 91,480 units in the year-ago month.

Three-wheeler sales grew by 26 per cent at 15,952 units last month as compared to 12,686 units in December 2018, the company said.

TVS Motor Co said its total exports in December 2019 grew by 22 per cent to 73,512 units as compared to 60,262 units in the year-ago month.

Two-wheeler exports grew by 20 per cent at 58,375 units in December 2019 as against 48,803 units in the same month previous year.

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