TVS Motor Company sales in December 2020 grow by 17.5%

Date: 02 Jan 2021

TVS Motor Company that manufactures motorcycles, scooters and 3-wheelers, saw its  total sales grow by 17.5% registering 272,084 units in December 2020 as against 231,571 units in the month of December 2019. 

Two-Wheeler

Total two-wheelers sales grew by 20% recording 258,239 units in December 2020 as against 215,619 units in December 2019.  Domestic two-wheeler sales grew by 13% registering 176,912 units in December 2020 as against 157,244 units in December 2019.

 Motorcycles grew by 27% recording 119,051 units in December 2020 as against 93,697 units in December 2019.  Scooter sales of the company registered 77,705 units in December 2020 as against 74,716 units in December 2019.

Exports

The company's total exports grew by 28% registering 94,269 units in the month of December 2020 as against 73,512 units in December 2019.  Two-wheeler exports registered a growth of 39% with 81,327 units in December 2020 as against 58,375 units in December 2019. 

Three-Wheeler

Three-wheeler of the Company registered sales of 13,845 units in December 2020 as against 15,952 units in December 2019.

 Third Quarter Sales Performance

During the third quarter of the current financial year, two-wheelers posted sales of 9.52 Lakh units as against sales of 7.73 Lakh units in the third quarter FY19-20. Three-wheelers of the company registered sales of 0.38 Lakh units in the third quarter of the current year as against 0.48 Lakh units in the third quarter of FY19-20.

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