TVS Motor Company reports 15.14 per cent sales growth

TVS Motor Company has reported 15.14 per cent increase in total sales at 2,04,565 units in February. The Chennai-based company had sold 1,77,662 units in the same month last year.

Total two-wheeler sales for the month grew by 14.8 per cent to 1,95,509 units as against 1,70,293 units in February 2014. Domestic two-wheeler sales stood at 1,64,508 units last month, up 11.47 per cent, from 1,47,580 units in the year-ago period.

Motorcycle sales increased by 18.37 per cent to 74,292 units last month compared with 62,762 units in the corresponding month a year earlier. Scooter sales during the month grew by 35.15 per cent to 56,750 units in February 2015 as against 41,990 units in the corresponding month last year.

During the month, three-wheeler sales grew by 22.89 per cent at 9,056 units, from 7,369 units in February 2014. Exports jumped by 34.54 per cent to 38,725 units in February 2015, compared to 28,782 units in the corresponding month a year ago.