TVS Motor Company sells 2.81 lakh units in Feb'22

Image
Capital Market
Last Updated : Mar 01 2022 | 8:50 PM IST
TVS Motor Company registered sales of 281,714 units in February 2022 as against sales of 297,747 units in the month of February 2021.

Total two-wheelers registered sales of 267,625 units in February 2022 as against sales of 284,581 units in February 2021. Domestic two-wheeler registered sales of 173,198 units in February 2022 as against sales of 195,145 units in February 2021.

Motorcycle sales grew by 5% increasing from 137,259 units in February 2021 to 143,523 units in February 2022. Scooter sales of the Company registered 86,616 units in February 2022 as against sales of 95,525 units in February 2021. The shortage in supply of semiconductors has impacted the production and sales of premium two-wheelers. The company is cautiously optimistic that the supply of semiconductors will improve in the coming months.

The Company's total exports grew by 6% from 101,789 units in the month of February 2021 to 107,574 units in February 2022. Two-wheeler exports grew by 6% from 89,436 units in February 2021 to 94,427 units in February 2022.

Three-wheeler sales of the Company grew by 7% from 13,166 units in February 2021 to 14,089 units in February 2022.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 01 2022 | 8:19 PM IST

Next Story