TVS Motor logs 22% sales growth in Oct

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Two- and three-wheeler maker TVS Motor Company on Monday said that it closed last month with a total sales of 394,724 units, logging a growth of 22 percent.

In a statement, the company said that it sold 394,724 units (382,121 two-wheelers, and 12,603 three-wheelers) in October 2020, up from 323,368 units (308,161 two-wheelers, 15,207 three-wheelers) sold in October 2019.

The company’s total exports grew by 33 percent — 92,520 units in October 2020 as against 69,339 units in October 2019.

Two-wheeler exports registered a growth of 46 percent — 80,741 units in October 2020 as against 55,477 units in October 2019.

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