TVS Motor Company on Monday said its total sales stood at 2,38,983 units in April, down by 26 per cent from 3,22,683 units in March
Scooter sales of the firm grew 56% to 95,525 units in February 2021 as against 60,633 units a year ago
Robust 56% spike in two-wheeler exports despite shortage of containers
On the outlook, he said, the company will invest around Rs 500 crore in Fiscal 2022 in product development, technology, marketing, international expansion among others
Intellicar provides advanced fleet management solutions through an integrated platform powered by IoT technologies coupled with strong analytics and data management capabilities
The new bike is available from today in three colour variants
Motorcycles sales grew by 38 per cent to 173,263 units in October 2020 from 125,660 units in October 2019
Production and sales improved from July as supply chain was strengthened despite the Covid-19 pandemic, says company.
In the past year, TVS NTORQ 125 has also introduced Race Tuned Fuel Injection across its portfolio
Launched in 2005, the TVS Apache series is one of the fastest-growing premium motorcycle brands in the country, with a strong presence across global markets
Hero MotoCorp, TVS Motor increase market share in a dwindling market while Bajaj and Honda slip
The company's total exports stood at 68,347 units this August, as against 69,702 units a year ago
Motorcycle sales were at 1,06,062 units last month, as against 1,08,210 units in July 2019, while scooter sales were at 78,603 units, as against 1,05,199 units in July 2019, the company said
Sales across categories were down 55.5% to 144,739 units in March 2020; company says lockdown forced large-scale loss of production
While motorcycle sales, which account, for about a half of overall volumes fell 3.3 per cent, sales of scooters, its second largest segment, fell 30 per cent to 60,000 units.
The company's gross margins hit a 13-quarter high of 27.8 per cent in Q3FY20
The Company has also completed its transition for production to BS-VI compliant vehicles for domestic market, said the company
Auto companies in India count deliveries to dealers as sales.
Becomes first Indian industrialist to be bestowed with award for contributions in the field of TQM
2% rise in month-on-month sales reduces stock-in-trade for transition to BS VI