04/07/2020

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TVS Motor’s sales down over 15% at 253,261 units in February, Auto News, ET Auto

TVS’ domestic two-wheeler profits stood at 169,684 units past month witnessing a drop of 26.seven...

TVS' domestic two-wheeler sales stood at 169,684 units last month witnessing a decline of 26.7 per cent as against sales of 231,582 units in February 2019.
TVS’ domestic two-wheeler profits stood at 169,684 units past month witnessing a drop of 26.seven for each cent as versus profits of 231,582 units in February 2019.

New Delhi: TVS Motor Organization on Monday claimed a fifteen.4 for each cent drop in full profits in February at 253,261 units.

The business, which principally would make two-wheelers and a few-wheelers, experienced marketed 299,353 units in the identical month past 12 months, TVS Motor Organization claimed in a assertion.

Total two-wheelers registered profits of 235,891 units in February 2020 as versus profits of 285,611 units in the identical month a 12 months back, down 17.4 for each cent. Domestic two-wheeler profits stood at 169,684 units past month witnessing a drop of 26.seven for each cent as versus profits of 231,582 units in February 2019.

For the duration of the month underneath assessment, profits of motorcycle slipped by 3.3 for each cent at 118,514 units in February 2020 as versus profits of 122,551 units in February 2019. Scooter registered sale of 60,633 units in February 2020 as versus profits of 86,935 units in the 12 months-back period, down 30.25 for each cent.

The Firm’s full exports grew by 25 for each cent from 66,570 units registered in the month of February 2019 to 82,877 units in February 2020. Two-wheeler exports also rose by 23 for each cent maximize from 54,029 units in February 2019 to 66,207 units past month.

Income of a few-wheeler grew by a 26 for each cent maximize from 13,742 units in February 2019 to 17,370 units registered in February 2020.