TVS Motor’s Two Wheeler Sales Dip In Feb

Among the top ten two-wheeler manufacturing companies in the world, TVSTVS Motor Motor Company has announced that the overall two-wheeler sales of  the company has shown downward trend during February 2008 to 95,235 units, as against 1,20,110 units in the same period last fiscal.

According to the members of the company, the decline in two-wheelers sales is due to restricted availability of retail finance and high interest rates together with stringent norms followed by financiers.

Besides, the non-availability of the recently launched 125cc TVS Flame has made the company practically lacking in the executive segment that forms 50% of the market.

During February, motorcycle sales stood at 46,565 units compared to 70,155 units last year, while the scooter segment also saw a considerable decline at 14,126 units over 19,937 units in February 2007.

However, the company has reported 56.2% jump in two-wheeler exports in February 2008 to 12,523 units compared with 8,017 units exported in prior year period.exports.

Now the company with innovative projects and services is doing robust efforts for escalating its two-wheeler sales in the coming time.