TVS Motor Company has reported 5 per cent dip in total sales to 2,81,714 units in February 2022. The company had posted a total sales of 2,97,747 units in the same month last year. Total two-wheelers sales were lower at 2,67,625 units last month, as against sales of 2,84,581 units in February 2021. Domestic two-wheeler sales stood at 1,73,198 units last month as compared to 1,95,145 units in the year-ago month, down 11 per cent.
The shortage in supply of semiconductors has impacted the production and sales of premium two-wheelers. Total exports last month grew by 6 per cent to 1,07,574 units as against 1,01,789 units in February 2021.
TVS Motor Company is a reputed two and three-wheeler manufacturer.