- Two-wheeler sales increases by 5%
- Domestic two-wheeler sales up by 22%
- TVS iQube Electric continues to register more than 15,000 units
TVS Motor Company registered a growth of 3% with sales increasing from 307,954 units in the month of March 2022 to 317,152 units in March 2023.
Two-Wheeler
Total two-wheelers registered a growth of 5% with sales increasing from 292,918 units in the month of March 2022 to 307,559 units in March 2023. Domestic two-wheeler registered growth of 22% with sales increasing from 196,596 units in March 2022 to 240,780 units in March 2023.
Motorcycle registered sales of 141,250 units in March 2023 as against 160,522 units in March 2022. Scooter sales registered a growth of 5% with sales increasing from 94,747 units in the month of March 2022 to 128,817 units in March 2023.
Electric Vehicle
TVS iQube electric recorded sales of 15,364 units in March 2023 as against sales of 1,799 units in March 2022.
International Business
The Company’s total exports registered sales of 75,037 units in March 2023 as against 109,724 units March 2022. Two-wheeler exports registered sales of 66,779 units in March 2023 as against 95,962 units March 2022.
Three-Wheeler
Three-wheeler of the Company registered sales of 9,593 units in March 2023 as against 15,036 units March 2022.
Fourth Quarter Sales Performance FY 2022-23
During the fourth quarter of the financial year 2022-23, two-wheeler of the company registered sales of 8.40 Lakh units of sales as against 8.15 Lakh units registered in the fourth quarter of financial year 2021-22. Three-wheeler of the company registered sales of 0.29 Lakh units in the fourth quarter of financial year 2022-23 as against 0.42 units in the fourth quarter of the financial year 2021-22. Total exports registered sales of 1.85 lakh units in the current quarter as against 3.15 lakh units in the third quarter of FY 21-22.
