Business

TVS Motor reports zero April domestic sales

TVS Motor Company on Saturday reported zero domestic sales in April. "During April, TVS Motor Company had zero sales in the domestic market," the company said in a statement.

migrator

New Delhi

However, it exported 8,134 two-wheelers. "Following resumption of operations at the Chennai Port, 8,134 two-wheelers and 1,506 three-wheelers were shipped using the stocks from March while ensuring utmost safety," it said.

The Covid-19 outbreak and the subsequent lockdown have caused massive economic upheaval. While factories and businesses are shut, consumer sentiment too has been affected amid uncertainty over the current health crisis.

"TVS Motor Company is gearing up to restart operations as per state guidelines and is undertaking measures to safeguard the health of employees. We are optimistic about the potential demand for personal mobility once things normalise," the statement said.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

NDA re-entry row: No denial or acceptance, TTV Dhinakaran buys time

Edappadi's 3 poll promises to cost over Rs 38,000 cr annually

LoP pasting AIADMK stickers on our flagship schemes, flays Regupathy

Murugan flays DMK's illusions, yet backs EPS's welfare splurge

PM Modi lauds Namakkal youth for reflections on Kashi Tamil Sangamam