TVS Motor Company registered a sales growth of 9% increasing from 302,982 units in May 2022 to 330,609 units in May 2023.
Two-Wheeler
Total two-wheelers registered a growth of 11% with sales increasing from 287,058 units in May 2022 to 319,295 units in May 2023. Domestic two-wheeler registered growth of 32% with sales increasing from 191,482 units in May 2022 to 252,690 units in May 2023.
Motorcycle registered sales growth of 9% with sales increasing from 148,560 units in May 2022 to 162,248 units in May 2023. Scooter sales registered a growth of 3% with sales increasing from 100,665 units in the month of May 2022 to 103,203 units in May 2023.
Electric Vehicle
TVS iQube electric recorded sales of 17,953 units in May 2023 as against sales of 2,637 units in May 2022. TVS iQube has a healthy booking pipeline of over 30,000 units and we are confident of continued improvement of supplies in the coming months.
International Business
The Company’s total exports registered sales of 76,607 units in May 2023 as against 110,245 units May 2022. Two-wheeler exports registered sales of 66,605 units in May 2023 as against 95,576 units May 2022.
Three-Wheeler
Three-wheeler of the Company registered sales of 11,314 units in May 2023 as against 15,924 units May 2022.
