TVS Motor sales down 17 pc in January

TVS Motor Company on Monday reported a 16.88 per cent 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 per cent.

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 per cent, it added.

Total exports increased 34 per cent to 70,784 units last month as compared with 52,650 units in January 2019.