Domestic two-wheeler gross sales of TVS Motor Company in June 2021 was 145,143 items as in comparison with 1,38,802 items in June 2020
TVS Motor Company has registered 2,37,038 items of two-wheeler gross sales (home and exports) in June 2021 as in opposition to 1,83,967 items (home and exports) registered in the identical month of 2020. In home market, the corporate registered a 4.57 p.c YoY gross sales development to 1,45,142 items bought in June 2021 as in opposition to 1,38,802 items bought in June 2020.
Domestic Sales Breakup
It was solely the Apache and Sport fashions that famous elevated gross sales whereas each different two wheeler within the firm portfolio posted de-growth. Apache gross sales elevated 112.64 p.c YoY to 30,233 items in June 2021, up from 14,218 items bought in June 2020. The Apache holds a share of 20.83 p.c. Domestic gross sales of TVS Sport surged 65.26 p.c YoY to 10,755 unit up to now month, up from 6,508 items bought in June 2020.
TVS XL, Ntorq, Radeon, Star City, Pep and all suffered de-growth whereas Zest and iQube added 2,274 items and 639 items respectively to June 2021 gross sales. This was the best month-to-month gross sales reported by iQube until date.
MoM gross sales elevated 178.67 p.c from 52,084 items bought in May 2021 to 1,45,143 items in June 2021. In this case it was constructive development seen throughout all fashions within the firm portfolio with Apache, XL, Sport and Jupiter including most to whole gross sales.
Apache gross sales elevated 52.04 p.c MoM from 19,885 items bought in May 2021 to 30,233 items bought in June 2021 whereas XL gross sales elevated 403.11 p.c to 35,897 up to now month from 7,135 items bought in May 2021. Zest and RR310 famous the best proportion development MoM at 345.88 p.c and 668.29 p.c respectively.
TVS Exports Double in June 2021
TVS Motor Company has reported a 103.47 p.c YoY improve in exports whereas MoM exports dipped by 9.25 p.c. The firm exported 91,895 items in June 2021 as in opposition to 45,165 items shipped in June 2020. May exports had stood at 1,01,257 items
TVS Star City 125 discovered most consumers in world market to the extent of 35,344 items shipped in June 2021 as in opposition to 18,002 items exported in June 2020. May exports had stood at 34,341 items. Second in line of exports was the Star City with 83.36 p.c YoY development at 31,177 items in June 2021 as in comparison with 17,003 items shipped in June 2020. In May, it was at 28,529 items referring to a 9.28 p.c MoM development.
TVS Apache and Sport additionally reported good world gross sales on a YoY foundation although MoM exports dipped. Victor exports nonetheless, surged when it comes to MoM however dipped the place YoY exports had been involved. TVS Wego, Jupiter and RR310 don’t discover a lot demand in world market. Even as demand in export market continues to fulfill with excellent success, the present situation has led to a shortage in container availability which is adversely affecting total export volumes.
(THIS STORY HAS NOT BEEN EDITED BY INDIA07 TEAM AND IS AUTO-GENERATED FROM A SYNDICATED FEED.)