TVS
Motor Company registered sales of 144,739 units in March 2020 as against
325,323 units in March 2019. This meant
that the company’s sales went down by (-) 55.51pc, obviously because of the
impact of covid-19 lockdown across the country. During the financial year
2019-20, two-wheeler sales of the Company registered 30.89 lakh units as
against sales of 37.57 lakh units in the financial year 2018-19.
Meanwhile,
TVS Motor Company started the transition to BS-VI in Q3 of FY 19-20 and this
effective planning helped the Company in complete readiness of BS-VI vehicle
supplies in Q4. The company including its dealers has almost entirely retailed
all BS-IV vehicles and the company is fully gearing up for focus on its BS-VI
range once the market opens.
Two-Wheeler:
Total
two-wheelers registered sales of 133,988 units in March 2020 as against 310,885
units in March 2019. Domestic
two-wheelers recorded sales of 94,103 units in March 2020 as against 247,694
units in March 2019.
Motorcycles
registered sales of 66,673 units in March 2020 as against sales of 141,086
units in March 2019. Scooter sales of
the company registered 34,191 units in March 2020 as against sales of 98,477
units in March 2019.
Exports:
The
Company's total exports registered sales of 50,197 units in the month of March
2020 as against sales of 76,405 units in March 2019. Two-wheeler exports registered sales of
39,885 units in March 2020 as against sales of 63,191 units in March 2019.
Three-Wheeler:
The
company registered sales of 10,751 units of three-wheelers in March 2020 as
against sales of 14,438 units in Mach 2019.
Fourth Quarter Sales Performance:
During
the fourth quarter of the current financial year, two-wheeler registered sales
to 5.90 lakh units as against 8.66 lakh units registered in the fourth quarter
of the previous year. Three-wheeler
sales of the Company grew by 3% from 0.41 lakh units in the fourth quarter of
the previous year to 0.43 lakh units in the fourth quarter of the current year.
Full Year Sales Performance:
During
the financial year 2019-20, two-wheeler sales of the Company registered 30.89
lakh units as against sales of 37.57 lakh units in the financial year
2018-19. Three-wheeler sales of the
Company grew by 11% from 1.56 lakh units in the financial year 2018–19 to 1.74
lakh units in the financial year 2019-20.