NE BUSINESS BUREAU
BENGALURU, MAR 3
TVS Motor Company on Friday said its wholesales rose 33 per cent year-on-year to 3,68,424 units in February. The company had dispatched 2,76,150 units in February 2023, the company said in a statement.
Total two-wheelers registered a growth of 34% with sales increasing from 2,67,026 units in February 2023 to 3,57,810 units in February 2024. Domestic two-wheeler registered growth of 21% with sales increasing from 221,402 units in February 2023 to 2,67,502 units in February 2024.
Motorcycle registered a growth of 46% with sales increasing from 1,26,243 units in February 2023 to 1,84,023 units in February 2024. Scooter registered a growth of 26% with sales increasing from 1,04,825 units in February 2023 to 1,32,152 units in February 2024.
EV sales registered a growth of 16% with sales increasing from 15,522 units in February 2023 to 17,959 units in February 2024.
The Company’s total exports grew by 85% increasing from 53,405 units registered in February 2023 to 98,856 units in February 2024. Two-wheeler exports registered a growth of 98% with sales increasing from 45,624 units registered in February 2023 to 90,308 units in February 2024.
Three-wheeler registered a growth of 16% with sales increasing from 9,124 units in February 2023 to 10,614 units in February 2024.
