[ad_1]
New Delhi:
TVS Motor Firm registered complete gross sales (two-wheelers and three-wheelers mixed) of 281,714 models in February 2022 as towards gross sales of 297,747 models in the identical month final 12 months.Complete two-wheeler gross sales dropped by 6 % to 267,625 models in February 2022 as towards 284,581 models in February 2021. Home two-wheeler gross sales dipped 11 % to 173,198 models in February 2022 as towards gross sales of 195,145 models in February 2021.
Motorbike gross sales grew by 5% from 137,259 models in February 2021 to 143,523 models in February 2022. Scooter gross sales dropped 9 % to 86,616 models in February 2022 as towards 95,525 models in February 2021. The scarcity within the provide of semiconductors impacted the manufacturing and gross sales of premium two-wheelers. The provision of semiconductors is anticipated to enhance within the coming months, the corporate mentioned.
The corporate’s complete exports grew by 6% from 101,789 models in February 2021 to 107,574 models in February 2022. Two-wheeler exports grew by 6% from 89,436 models in February 2021 to 94,427 models in February 2022.
Three-wheeler gross sales of the corporate grew by 7% from 13,166 models in February 2021 to 14,089 models in February 2022. Home three-wheeler gross sales have been at 942 models in February 2022 in comparison with 813 models in February 2021 and 13,147 models have been exported in February 2022 as towards export of 12,353 models in February 2021.
It’s to be famous that the three-wheeler sector has been among the many worst hit sectors throughout the pandemic.
Additionally Learn:
The Firm is current in 80 nations in Africa, Southeast Asia, Indian Sub-Continent, Central and South America. It’s looking for to enter extra markets in Europe and North America. The exports embody the TVS Apache collection, TVS HLX collection, TVS Raider, and TVS Neo collection. A rise in world motorbike gross sales has considerably contributed to this achievement,” the corporate mentioned.
[ad_2]
Source link
