TVS Motor has reported robust increase in sales across the canvass in November. On the export front, however, the November numbers when compared to the same month the previous year.
Total two-wheelers registered a growth of 34% with sales increasing from 263,642 units in November 2022 to 352,103 units in November 2023. Domestic two-wheeler registered growth of 50% with sales increasing from 191,730 units in November 2022 to 287,017 units in November 2023. Motorcycles registered a growth of 19% with sales increasing from 145,006 units in November 2022 to 172,836 units in November 2023. Scooter registered a growth of 62% with sales increasing from 83,679 units in November 2022 to 135,749 units in November 2023.
Three-wheelers registered sales of 12,128 units in November 2023 as against 13,481 units in November 2022.
EV sales jump
The company sold 16,782 electric vehicles in November 2023 as against sales of 10,056 units in November 2022.
Export numbers down
Total exports registered sales of 75,203 units in November 2023 as against 84,134 units in November 2022. Two-wheeler exports registered sales of 65,086 units in November 2023 as against 71,912 units in November 2022.
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