Bike Sales Report For April 2020: TVS Registers 8,134 Units Of Export Sales

TVS Motor Company has announced that they have registered 0 units of sales in the month of April 2020. The company shut down all its operations on the 23rd of March 2020, just a day before the lockdown began.

TVS Bike Sales Report For April 2020: Company Registers 0 Domestic Sales & 8,134 Units For Export

The two-wheeler manufacturer has, however, confirmed that they have resumed operations since the last week of April. As part of restarting operations, TVS Motor Company has exported 8,134 units of two-wheelers and 1,506 units of three-wheelers from the Chennai-port. These export units are part of the stocks left in the company's inventory, produced before the start of lockdown.

TVS Bike Sales Report For April 2020: Company Registers 0 Domestic Sales & 8,134 Units For Export

The two-wheeler manufacturer has, however, confirmed that they have resumed operations since the last week of April. As part of restarting operations, TVS Motor Company has exported 8,134 units of two-wheelers and 1,506 units of three-wheelers from the Chennai-port. These export units are part of the stocks left in the company's inventory, produced before the start of lockdown.

TVS Bike Sales Report For April 2020: Company Registers 0 Domestic Sales & 8,134 Units For Export

The company is currently gearing up for the start of production at its Hosur facility. As part of the production re-start, the company will be following all the safety measures and guidelines, set by the government. These guidelines and measures ensure the safety of each and every employee.

TVS Bike Sales Report For April 2020: Company Registers 0 Domestic Sales & 8,134 Units For Export

Amidst the lockdown, the company has been busy offering their support to the state and central government to fight the COVID-19 pandemic in India. The company has started multiple initiatives, including the production of PPEs, various relief funds, distribution of ration kits; among others.

TVS Bike Sales Report For April 2020: Company Registers 0 Domestic Sales & 8,134 Units For Export

The company has also been busy updating its product portfolio in the Indian market. TVS recently updated their website, discontinuing all the BS4 models from their lineup. This includes the TVS Jupiter Grande, TVS Wego and the TVS Scooty Pep+. While the Jupiter and Scooty are expected to be introduced in their respective BS6 avatars, the same can't be said for the Wego.

TVS Bike Sales Report For April 2020: Company Registers 0 Domestic Sales & 8,134 Units For Export

TVS Motor also recently acquired the iconic British motorcycle brand, Norton. The company acquired the motorcycle brand for GBP 16 million, with plans of expanding to various new markets in the future — here are the details.

TVS Bike Sales Report For April 2020: Company Registers 0 Domestic Sales & 8,134 Units For Export

Thoughts About The TVS Motor Company Sales Report For April 2020

TVS Motors shut down operations at its Hosur facility a day before the lockdown began. Although operations are said to start soon, we expect sales normalcy to creep in only after a couple of months. With just partial operations now underway, it will be interesting to see how customers react to vehicle purchase in the coming months.

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Read more on: #tvs motor #sales
Article Published On: Sunday, May 3, 2020, 9:00 [IST]
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