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TVS Motors November sales fall 15%

The two and three-wheeler manufacturer’s total two-wheelers sales stood at 2,57,863 units last month, against 3,11,519 units in November 2020, down 17 per cent.

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New Delhi: Chennai-based TVS Motor Company on Wednesday reported total sales of 272,693 units in November 2021, a 15 per cent decline in total sales of 3,22,709 units in the same month last year, the company said in a regulatory filing.

The two and three-wheeler manufacturer’s total two-wheelers sales stood at 2,57,863 units last month, against 3,11,519 units in November 2020, down 17 per cent.

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Domestic two-wheeler sales stood at 1,75,940 units in November 2021 compared to 2,47,789 units in the same month last year, a decline of 29 per cent.

In the motorcycle segment, the company registered sales of 140,097 units in November 2021 as against sales of 133,531 units in November 2020. Scooter sales of the company registered 75,022 units in November as against sales of 106,196 units in November 2020.

In the global market, the company’s total exports grew 30 per cent with sales of 96,000 units in the month of November 2021 as against 74,074 units in November 2020.

Two-wheeler exports registered a growth of 29 per cent, with sales of 81,923 units in November 2021 as against sales of 63,730 units in November 2020.

The three-wheeler sales of the company grew 33 per cent with 14,830 units in November 2021 as against sales of 11,190 units in November 2020.

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