TVS Motor sells zero units in domestic market in April

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TVS Motor Company it did not sell any unit in the domestic market last month as all its plants remained closed due to the coronavirus lockdown.
TVS Motor Company

New Delhi, May 2 (PTI) TVS Motor Company on Saturday said it did not sell any unit in the domestic market last month as all its plants remained closed due to the coronavirus lockdown.

Since March 23, the company’s plants have been closed in compliance with the government guidelines, TVS Motor Company said in a statement.

During April, the company had zero sales in the domestic market, it added.

However, following resumption of operations at Chennai Port, 8,134 units of two-wheelers, and 1,506 three-wheelers were shipped utilising the stocks from March 2020 while ensuring utmost safety, the company said.

The two-wheeler major said it is gearing up to restart operations as per state guidelines and is undertaking strong measures to safeguard the health of its employees.

“We are optimistic about the potential demand for personal mobility once things normalise,” it added.

Source: PTI

Image source: tvsmotor

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