Two-Wheeler Sales February 2018: TVS Posts 37 Per Cent Growth

TVS Motor Company recorded a growth of 37 per cent, selling 2, 90,673 units in February 2018 as compared to 2, 11,470 units sold in February 2017. Talking about two-wheelers specifically, the company sold 2, 80,942 units in February 2018, growing by 36.2 per cent over the sales of 2, 06,247 units in February last year. Domestically, the company sold 230,353 units of motorcycles in February 2018, registering a growth of 33.5 per cent as compared to selling 172,611 units in February 2017. Coming to scooters, the company sold 93,573 units in February 2018, growing by 35.6 per cent. TVS sold 69,020 scooters in February 2017.

The growth trend has been consistent as far as domestic two-wheeler sales are considered. TVS also saw a huge growth in its exports for the month of February 2018. The company exported 58,564 units in February 2018, which is a growth of 53.2 per cent over 38,215 units exported in the month of February 2017. Two-Wheeler exports too grew by 50.4 per cent increasing from 33,636 units in February 2017 to 50,589 units in February 2018. At the same time, the company's three wheeler sales increased from 5,223 units sold in February 2017 to 9,731 units in February 2018.