TVS Motor’s February sales up 24%

Chennai, March 1: TVS Motor Company has reported a 24 per cent growth on its sales last month. The Chennai-based company has sold 1,77,412 units in February against 1,42,676 units during the same period last year, up by 24 per cent, the company said in a statement here.

The cumulative sales of the company for the period April 2010-February 2011 stood at 18,55,460 units.

Total two-wheeler sales recorded a 23 per cent growth with sales of 1,73,200 units in February 2011 as against 1,40,544 units in February 2010, it said.

The cumulative two-wheeler sales recorded for the period April 2010 to February 2011 grew to 18,20,027 units from 13,75,176 units sold during the same period of the previous year it said.

Domestic sales of the company grew by 25 per cent with sales of 1,51,526 units in February 2011 as against 1,21,403 units in February 2010.

Sales of scooter grew by 49 per cent to 40,335 units from 27,017 units sold in February 2010.

Motorcycle sales grew by 13 per cent in February 2011 to 71,462 units from 63,394 units reported in February 2010.

Sales of three-wheelers almost doubled from 2,132 units in February 2010 to 4,212 units in February 2011.

Total cumulative three-wheeler sales for the period April 2010-February 2011 grew by 181 per cent with sales of 35,433 units as against 12,549 units, it said.

On its exports, the company sold 24,036 units up by 13 per cent over the same month of previous year, it added.