Two-Wheeler Sales October 2019: TVS Registers Decline Of 25 Per Cent In Domestic Sales

TVS Motor Company registered sales of 323,368 units in October 2019 as against sales of 398,427 units in the month of October 2018, showing a growth of 2 per cent. But on the other hand, the company saw a significant decline of 25.46 per cent with 252,684 units in October 2019 as compared to 338,988 units in October 2018. The company sees an uptrend in October sales and has significantly rationalised BS IV stocks for the transition to BS VI.

Total two-wheeler registered sales of 308,161 units in October 2019 as against sales of 384,307 units in the month of October 2018 which is a drop of 19.81 per cent. Total motorcycle registered sales of 125,660 units in October 2019 as against sales of 150,429 units in October 2018, which is a drop of 16.47 per cent. Total scooter sales of the company registered 121,437 units in October 2019 as against sales of 151,040 units in October 2018, which is a decline of 19.06 per cent.

The company's total exports grew by 20 per cent increasing from 57,926 units in October 2018 to 69,339 units in October 2019. Two-wheeler exports grew by 22 per cent increasing from 45,319 units in October 2018 to 55,477 units in October 2019. Similarly, three-wheeler sales of TVS grew by 8 per cent increasing from 14,120 units in October 2018 to 15,207 units registered in October 2019.

If we compare the sales in the month of November 2018 and October 2019, which will be the sales for festive month to festive month, TVS sold 307,142 units in November 2018 as compared to 308,161 units in October 2019. This is a growth of a scant 0.33 per cent.