New Delhi: TVS Motor Corporation on Monday reported a 15.four for every cent decline in full product sales in February at 253,261 units.
The firm, which mainly would make two-wheelers and a few-wheelers, had bought 299,353 units in the exact month very last calendar year, TVS Motor Corporation claimed in a statement.
Overall two-wheelers registered product sales of 235,891 units in February 2020 as from product sales of 285,611 units in the exact month a calendar year back, down seventeen.four for every cent. Domestic two-wheeler product sales stood at 169,684 units very last month witnessing a decline of 26.7 for every cent as from product sales of 231,582 units in February 2019.
For the duration of the month beneath critique, product sales of motorbike slipped by 3.3 for every cent at 118,514 units in February 2020 as from product sales of 122,551 units in February 2019. Scooter registered sale of 60,633 units in February 2020 as from product sales of 86,935 units in the calendar year-back interval, down 30.25 for every cent.
The Company’s full exports grew by 25 for every cent from 66,570 units registered in the month of February 2019 to eighty two,877 units in February 2020. Two-wheeler exports also rose by 23 for every cent raise from fifty four,029 units in February 2019 to 66,207 units very last month.
Sales of a few-wheeler grew by a 26 for every cent raise from 13,742 units in February 2019 to seventeen,370 units registered in February 2020.