TVS Motor Company: Compared to 360,288 units in October 2022, TVS Motor Company‘s October 2023 monthly sales of 434,714 units represented a 21% increase, marking the company’s highest-ever monthly sales.
TVS Motor Company registers highest-ever sales
Sales of motorcycles increased from 1,64,568 units in October 2022 to 2,01,965 units in October 2023, representing a 23% growth. Sales of scooters increased from 1,35,190 units in October 2022 to 1,65,135 units in October 2023, representing a 22% growth.
Sales increased from 82,816 units in October 2022 to 87,952 units in October 2023, resulting in a 6% increase in the company’s total exports. Sales of two-wheelers increased from 68,696 in October 2022 to 75,653 in October 2023, representing a 10% increase in two-wheeler exports.
Compared to October 2022 sales of 8,103 TVS iQube Electric units, the Company sold 20,153 units in October 2023. With the introduction of the TVS X, TVS’s EV sales are expected to increase even more.
Compared to 15,658 units in October 2022, the company’s three-wheeler division saw sales of 14,104 units in October 2023.