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Scooters drive TVS Motor two-wheeler sales up 8% in Feb

TVS Motor Company Limited reported an eight per cent year-on-year growth in two-wheeler sales, to 211,148 units in February 2016. The corresponding sales figure a year ago was 195,509 units.

Domestic two-wheeler sales grew by 11.4 per cent, increasing from 164,508 units in February 2015 to 183,199 units in February 2016.

Scooter sales of the company grew 18.2 per cent increasing from 56,750 units in February 2015 to 67,089 units in February 2016. Motorcycles recorded 3.8 per cent growth with sales increasing from 74,292 units in the month of February 2015 to 77,093 units in February 2016.

Three wheeler sales stood at 8,319 units in the month of February 2016 as against 9,056 units in February 2015.

Company's total exports registered sales of 34,804 units in February 2016 as against 38,725 units in the month of February 2015. Two wheeler exports recorded sales of 27,949 units in February 2016 as against 31,001 units in February 2015.