TVS registers 7% growth in two-wheeler business

TVS has seen a sharp increase in sales with the iQube, which has registered sales of 20,356 units.

TVS RTR 310

TVS registered a growth of 6% in September 2023 with sales of 4,02,553 units as against 3,79,011 units in the month of September 2022.  

Two-Wheeler

Total two-wheelers registered a growth of 7% with sales increasing from 3,61,729 units in September 2022 to 3,86,955 units in September 2023. Domestic two-wheeler registered growth of 6% with sales increasing from 2,83,878 units in September 2022 to 3,00,493 units in September 2023.

Motorcycles registered a growth of 10% with sales increasing from 1,69,322 units in September 2022 to 1,86,438 units in September 2023. Scooter registered a growth of 8% with sales increasing from 1,44,356 units in September 2022 to 1,55,526 units in September 2023.

Electric Vehicle

The Company sold 20,356 units of TVS iQube Electric in September 2023 as against sales of 4,923 units in September 2022.

International Business

The Company’s total exports registered a growth of 8% with sales increasing from 92,975 units in September 2022 to 1,00,294 units in September 2023. Two-wheeler exports registered a growth of 11% with sales increasing from 77,851 units in September 2022 to 86,462 units in September 2023. Both retail and despatch have begun to improve in the IB markets. 

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This article was first uploaded on October two, twenty twenty-three, at zero minutes past twelve in the night.
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