Two-wheeler gross sales November 2021: TVS gross sales down 15%

TVS Motor Company’s home market gross sales declined by about 29 % in November 2021.

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TVS two-wheeler gross sales underneath stress in November 2021

TVS Motor Company has recorded whole gross sales of two,72,693 items in November 2021, a decline of 15 per cent from 3,22,709 items within the month of November 2020. The firm reported whole two-wheeler gross sales of two,57,863 items in November 2021. , a decline of 17 per cent on gross sales of three,11,519 items in November 2020. With TVS registering two-wheeler gross sales of 1,75,940 items in November 2021 as in comparison with gross sales of two,47,789 items in November, gross sales within the home market had been additionally affected. While general two-wheeler gross sales declined by 15.5 per cent in 2020, home two-wheeler gross sales declined by 29 per cent.

Read additionally: TVS to take a position ₹ 1,200 crore in futuristic applied sciences and EVs

Motorcycle gross sales stood at 1,40,097 items in November 2021, registering a progress of round 5 per cent as in comparison with 1,33,531 items in November 2020.

Motorcycle gross sales at TVS Motor Company stood at 1,40,097 items in November 2021 as towards 1,33,531 items offered in November 2020, registering a year-on-year progress of round 5 per cent. TVS’ scooter gross sales although appear to be underneath stress, with the corporate registering gross sales of simply 75,022 scooter items in November 2021, a decline of over 29 per cent from 1,06,196 items in the identical month a yr in the past.

Read additionally: TVS-owned Norton Motorcycles inaugurates new international headquarters

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In the worldwide markets, TVS registered a progress of 30 per cent with whole gross sales of 96,000 items within the month of November 2021 as in comparison with 74,074 items in November 2020. Two wheeler exports alone registered a progress of 29 per cent with gross sales of 81,923. items in November 2021, as in comparison with gross sales of 63,730 items in the identical month a yr in the past. The firm’s three-wheeler gross sales grew by 33 per cent in November 2021, registering a rise of 14,830 items as towards 11,190 items offered in November 2020.

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