In case of an unfortunate eventuality, TVS Motor will ensure that the bereaved family is provided with a complete support system to help them cope with the loss and grief. As an immediate relief on the monetary front, the company will provide compensation as ex-gratia to the legal heir of the deceased employee.
TVS Motor Sales April 2021 - Apache, Jupiter, Ntorq, XL Super
RushLane.com
04 May 2021, 07:09 GMT+10
TVS Motor Company has released their sales report for April 2021. While sales cannot be compared with that of April 2020, the period when the country went into a complete lockdown in view of the pandemic, we can compare sales MoM which also suffered a de-growth.
TVS Motor total sales stood at 238,983 units in April 2021 a significant increase over 9,640 units sold in April 2020. Even April 2021 has been bogged down by lockdowns announced in some states in view of the second wave of the COVID-19 pandemic, but retail sales continued to be ahead of dispatches. TVS Motor has reduced dealer stocks so as to not to put added burden on channel partners but production will continue so as to meet customer demands once the situation is back to normal.
TVS Motor Company registered sales of 238,983 units in April 2021 as against 9,640 units in April 2020. Domestic sales in April 2021 is lower due to lockdowns in many states, but retails continue to be ahead of despatch. The company has reduced dealer stocks to support the channel partners and will produce to maintain adequate inventories for customer demand when it reopens. The year-on-year growth is not comparable due to the low base of sales in April 2020 because of the lockdown imposed by the Government of India during that period.
Total two-wheelers registered sales of 226,193 in April 2021 as against 8,134 units in April 2020.
Domestic two-wheeler sales registered 131,386 units in April 2021. Scooter sales of the Company registered sales of 65,213 units in April 2021. Motorcycle registered sales of 133,227 units in April 2021.
Read more about TVS Motor sells 2.38 lakh units in April on Business Standard. TVS Motor Company s total auto sales stood at 238,983 units in April 2021 as against 9,640 units in April 2020.
Despite Covid second wave, TVS Motor plans to charge up its EV range in FY22
May 03, 2021
KN Radhakrishnan, Director & CEO, TVS Motor Company×
Cautious on Q1 demand, but bullish on international sales growth
TVS Motor Company plans a slew of new product launches including expansion of its electric vehicle range in FY22 even as the leading two and three-wheeler maker expects weak sentiments and drop in sales in this quarter due to the second wave of Covid-19.
In FY21, the two-wheeler industry recovered in the second half after the disruptions caused by the pandemic in the first half. With good rural demand, the industry expected momentum to continue in this fiscal too.