TVS sales February 2022 – all MoM numbers in green, but YoY sales have fallen. Motorcycles & exports have shown a ray of hope…
For TVS Motors, the sales numbers are in for the month of February 2022 and it is showing a mix of positive and negative trends.
The company has registered Gross Sales of 281,714 units in February 2022 against 297,747 units in February 2021. This is a drop of 5.38% in Gross numbers.
TVS Sales February 2022
Year-over-Year
Motorcycles – The motorcycles sales stood at 1,43,523 units in February 2022, a growth of 4.56% compared to 1,37,259 units of February 2021.
Scooters – The scooter sales stood at 86,616 units, a drop of 9.33% compared to 95,535 units in February 2021.
Also read: TVS Gets FIERO Name; Sportier Model Than Raider?
Mopeds – Mopeds registered 37,486 unit sales in February 2022. It is a decline of 27.63% compared to 51,797 units sold in the same month of previous year.
This totals to Domestic Sales of 1,73,198 units for February 2022 – a drop of 11.25% compared to 1,95,145 units of February 2021.
However, Exports of two-wheelers grew by 5.58%, expanding from 89,436 units in previous year to 94,427 units in February 2022.
Month-over-Month
TVS racked up good numbers compared to previous month’s sales – all MoM numbers are green.
Motorcycles – Compared to sales of January 2022, the motorcycles grew by 4.49%, up from 1,37,360 units.
Scooters – The scooter sales grew MoM by 7.49%, expanded to 86,616 units in last month.
Also read: TVS Acquires 75% Of Swiss E-Mobility Group
Mopeds – Following the trend, mopeds too grew by 3.56%, up from 36,199 units sold previously.
Overall, Domestic Sales grew by 3.22% MoM.
Exports also saw an expansion by 9.36%, swelling from 86,344 units of Jan 2021.