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This Article is From Feb 03, 2020

January Auto Sales: TVS Motor Sales Down 17% On Year At 2.35 Lakh Units 

January Auto Sales: TVS Motor Sales Down 17% On Year At 2.35 Lakh  Units 
Signage seen at the PT TVS Motor Company Indonesia Factory in Karawang, near Jakarta, Indonesia. (Photographer: Dimas Ardian/Bloomberg News)

TVS Motor Company Ltd. on Monday reported a 16.88 percent decline in total sales in January at 2,34,920 units.

The company, which primarily makes two-wheelers and three-wheelers, had sold 2,82,630 units in January 2019, TVS Motor Company said in a statement.

Total two-wheeler sales during the month stood at 2,20,439 units as against 2,69,277 units in January 2019, down 18.13 percent.

Domestic two-wheeler sales stood at 1,63,007 units last month as compared to 2,28,654 units in January 2019, a decline of 28.71 percent, it added. Total exports increased 34 percent to 70,784 units last month as compared with 52,650 units in January 2019.

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