Sales Overview
TVS Motor Company announces its sales performance for February 2021 as the brand registers sales of 297,747 units in the month against 253,261 units in the month of February 2020. This shows a growth of sales by 18% in the month of February 2021 as compared to the corresponding period last year.
Two-Wheeler (Motorcycles & Scooter) Sales Performance in Domestic Market
In the two-wheeler department, the brand registered 284,581 units in February 2021 as against 235,891 units in February 2020, leading to a growth of 21%. In the Domestic market, TVS sold 195,145 units in February 2021 as compared to 169,684 units in February 2020, showing a growth of 15%. Furthermore, the brand sold 137,259 units in February 2021 in the two-wheeler segment against 118,514 units in February
2020, showing 16% growth in the segment and the Scooter department shows a growth of 56% as 95,525 units were sold in February 2021 against 60,633 units in February 2020.
Three Wheeler Sales Performance
The Three-Wheeler arm of the company registers sales of 13,166 units in the month of February 2021 as compared to 17,370 units sold in the corresponding month last year showing a dip in sales performance.
Exports
TVS Motor Company registers 101,789 units in exports in the month of February 2021 compared to 82,877 units in exports in February 2020, which is a growth of 23% in Total Exports. In the two-wheeler segment, the brand recorded sales of 89,436 units in February 2021 as against 66,207 units in February 2020, showing 35% growth. According to the company, the demand in the export market continues to be high even though there is a scarcity of shipping containers, which is affecting the export volumes.
In other news,
TVS Motor Company announced the launch of Apache RTR 200 4V with a Single-Channel ABS and riding modes at the price of INR 1.28 lakh ex-showroom, Delhi. The Apache RTR 200 4V is also available in the Dual-Channel ABS option and comes with similar features. TVS Groups, TVS Srichakra Ltd, also announced the launch of Sportorq, Jumbo Gt, Conta, Durapro & E-Durapro Tyres for motorcycles, scooters and electric three-wheelers in India.
