TVS Motor logs 31 percent sales growth in February

BY IANS,

Chennai: Two-wheeler major TVS Motor Co has clocked a 31 percent increase in sales in February compared to the corresponding period in 2009.

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The company logged a total two-wheeler sales of 140,544 units (domestic 121,403 units, exports 19,141 units) last month as against 107,301 units (domestic 90,718 units, exports 16,583 units) in February 2009.

The cumulative growth for the period April 2009 to February 2010 stood at 1,375,176 units against 1,207,754 units in the comparable period of the previous year, a growth of 14 percent.

The company recorded 2,132 units of three-wheeler sales in February this year against 550 in February 2009. The cumulative sales for the period April 2009 to February 2010 was 12,549 units.