TVS Motor Co reports 22 pc rise in total sales in June

0
on Friday reported a 22 per cent increase in total sales at 3,08,501 units in June. The company had sold 2,51,886 units in the same month last year, TVS Motor Company said in a statement.

Total two-wheelers sales grew 23 per cent last month at 2,93,715 units as against 2,38,092 units in June 2021, it added.

Domestic two-wheeler sales were at 1,93,090 units in June 2022. It stood at 1,45,413 units in the year-ago period, up 33 per cent.

“The shortage in the supply of semiconductors has impacted the production and sales of premium two-wheelers,” TVS Motor said.

The company further said, “We are working aggressively with alternate sources and taking every effort to improve supplies at the earliest. Some improvement has been seen this month.”

Three-wheeler sales last month grew by 7 per cent at 14,786 units. It was at 13,794 units in June 2021, it added.

Total exports grew by 8 per cent at 1,14,449 units in June 2022 as compared to 1,06,246 units in the preceding year, the company said.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Automobiles News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment