TVS Motor sales drop 55 pc in March
Apr 2, 2020, 13:20 IST
New Delhi, Apr 2 () TVS Motor Company on Thursday reported a 55.5 per cent decline in total sales in March at 1,44,739 units.
The company, which primarily makes two-wheelers and three-wheelers, had sold 3,25,323 units in March 2019, TVS Motor Company said in a statement.
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"There has been a huge impact on the company's production and sales this month because of COVID-19 lockdown across the country," it added.
Total two-wheeler sales during the month stood at 1,33,988 units as against 3,10,885 units in March 2019, down 56.9 per cent.
Domestic two-wheeler sales stood at 94,103 units last month as compared to 2,47,694 units in March 2019, a decline of 62 per cent, it added.
Total exports declined 34.3 per cent to 50,197 units last month as compared with 76,405 units in March 2019. MSS ANSANS(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)