TVS Motor sales drop 55% in March

April 02, 2020 13:24

TVS Motor Company on Thursday reported a 55.5 per cent decline in total sales in March at 1,44,739 units. The company, which primarily makes two-wheelers and three-wheelers, had sold 3,25,323 units in March 2019, TVS Motor Company said in a statement.

"There has been a huge impact on the company's production and sales this month because of COVID-19 lockdown across the country," it added. Total two-wheeler sales during the month stood at 1,33,988 units as against 3,10,885 units in March 2019, down 56.9 per cent.

Domestic two-wheeler sales stood at 94,103 units last month as compared to 2,47,694 units in March 2019, a decline of 62 per cent, it added. Total exports declined 34.3 per cent to 50,197 units last month as compared with 76,405 units in March 2019. -- PTI

« Back to LIVE

TOP STORIES

ED recovers Rs 35 cr from domestic help of J'khand minister's secretary

The premises are alleged to be of the domestic help of Jharkhand Rural Development Minister Alamgir Alam's personal secretary Sanjiv Lal.

Hamas accepts Qatari-Egypt ceasefire plan for Gaza

Thousands of people flee eastern Rafah after Israel orders people to evacuate as fears of a full-blown military assault on the city sheltering more than one million displaced people grow.

New all-in-one vaccine may prove effective against all coronaviruses

The research published in 'Nature Nanotechnolog' on Monday is based on a new approach to vaccine development called "proactive vaccinology", where scientists build a vaccine before the disease-causing pathogen even emerges, which has...

Saudi Smash TT: Manika shocks World No 2 Wang

Manika Batra shocked World No. 2 Wang Manyu of China to secure the biggest win of her singles career.

Bomb threats: HC seeks police's school evacuation plan

Justice Subramonium Prasad said though police have filed a status report listing the standard operating procedure for bomb detection and disposal squads and the guidelines to deal with bomb threats in schools, they have not submitted...