TVS Motor sales up 13% to 4.89 lakh units in October

TVS Motor Company recorded monthly sales of 489,015 units in October 2024 with a growth of 13% as against 434,714 units in the month of October 2023.

Two-Wheeler
Total two-wheelers registered a growth of 14% with sales increasing from 420,610 units in October 2023 to 478,159 units in October 2024. Domestic two-wheeler registered growth of 13% with sales increasing from 344,957 units in October 2023 to 390,489 units in October 2024.

Motorcycle registered a growth of 14% with sales increasing from 201,965 units in October 2023 to 230,822 units in October 2024. Scooter registered a growth of 17% with sales increasing from 165,135 units in October 2023 to 193,439 units in October 2024.

Electric Vehicle
EV sales registered a growth of 45% with sales increasing from 20,153 units in October 2023 to 29,308 units in October 2024.

International Business
The Company's total exports registered a growth of 9% with sales increasing from 87,952 units in October 2023 to 95,708 units in October 2024. Two-wheeler exports registered a growth of 16% with sales increasing from 75,653 units in October 2023 to 87,670 units in October 2024.

Three-Wheeler
Three-wheeler registered a decline of 23% with sales of 10,856 units in October 2024 as against 14,104 units in October 2023.

TVS Motor Company is a two and three-wheeler manufacturer globally, it has manufacturing facilities located in India and Indonesia. It is the only two-wheeler company to have won the prestigious Deming Prize.