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TVS Motor faces impact of Coronavirus outbreak on production

25 Feb 2020 Evaluate

TVS Motor Company has got hit on supply of certain components for production of BS-VI vehicles, due to the outbreak of pandemic Coronavirus (COVID-19). China is a key part of the global automobile supply chain. While TVS Motor’s direct dependency on China is limited for components, some Tier II suppliers have been impacted adversely which will lead to 10% drop in the planned production in February 2020. All efforts are on to normalize this at the earliest.

TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.

Peers
Company Name CMP
Bajaj Auto 10509.70
TVS Motor Company 4248.00
Hero MotoCorp 5164.85
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