Hosur, June 1 : Two and three-wheeler makers TVS Motor Company today announced that it has registered sales of 166,889 units in May 2021.
The company sold 58,906 units in May 2020. Domestic sales in May this year was lower due to lockdowns in many states, but retails continue to be ahead of despatch.
”We have reduced dealer stocks to support our dealers and channel partners and will produce to maintain adequate inventories for customer demand. We expect that pent up demand will return as markets begin to reopen”, a company
release said Total two-wheelers registered sales of 154,416 units in May 2021 as against sales of 56,218 units in May 2020.
Motorcycle registered sales of 125,188 units in May 2021 as against 26,772 units in May 2020.
Scooter sales registered 19,627 units in May 2021 as against sales of 16,120 units this month last year.
Domestic two-wheeler registered 52,084 units in May 2021 as against sales of 41,067 units in May 2020.
The total exports registered sales of 114,674 units in May 2021 as against sales of 17,707 units in May 2020.
Two-wheeler exports registered sales of 102,332 units in May 2021 when compared to 15,151 units in May last year. The demand in the international market continues to be robust.
Three-wheeler registered sales of 12,473 units in May 2021 as against 2,688 units in May 2020.(UNI)