TVS Motor total sales down 2% in February at 276,150 units

Two and three-wheeler company TVS Motor on Wednesday reported a 1.97 percent decline in the total sales of 276.150 units in February. The company posted 281,714 units in the same month a year ago, as per a release.

Total two-wheeler sales were also marginally down at 267,026 units last month, as against sales of 267,625 units in February 2022, it added.

Domestic two-wheeler sales stood at 173,198 units last month as compared to 221,402 units in the year-ago month, up 28 percent, the company said.

Motorcycle sales also dropped from 126,243 units in February 2022 to 143,523 units last month.

Besides, scooter sales rose by 21 percent, from 86,616 units in February to 104,825 units in February 2023.

TVS iQube recorded its highest-ever sales of 15,522 units in February 2023, as against sales of 2,238 units in February 2022.

Three-wheeler of the company registered sales of 9,124 units in February 2023 as against 14,089 units in February 2022.