TVS Motor noticed constructive development each in YoY foundation and likewise in MoM foundation and marks a productive month

TVS is likely one of the most popular corporations in India. With its fingers dipped in 2W and likewise 3W enterprise, TVS is a necessary model. TVS can be very energetic in exports as effectively. In whole, TVS Motor whole 2W gross sales stood at 3,61,729 models over 3,32,511 models in Sep 2021. TVS noticed quantity development of 29,218 models YoY and 46,190 models quantity development MoM. TVS registers constructive development of 8.79% YoY and 14.64% MoM. Of the entire 2W gross sales, the home market remains to be TVS’ forte.

TVS Motorbike gross sales stood at 1,69,322 models offered in Sep 2022 with a slight YoY development of 1.97% versus 1,66,046 models offered in September 2021. With 1,57,118 models offered in August 2022, TVS registered 7.77% MoM development as effectively. Motorbike home gross sales stand at 46.81% of whole TVS’ 2W gross sales. High promoting TVS bikes embrace Apache, Raider, Star Metropolis, and so on.

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TVS Gross sales September 2022

Coming to scooters, TVS Motor registered 38.68% YoY development with quantity development of 40,265 models. Fashionable scooters from TVS embrace Jupiter, Ntorq, Zest, and so on. In MoM evaluation, TVS scored 18.45% when in comparison with August 2022. Scooters culminate 39.91% of whole TVS home gross sales. TVS iQube electrical scooter gross sales have been at 4,923 models, towards 766 models in Sep 2021. It registered 542.69% YoY development and 11.43% MoM development.

TVS XL 100 moped offered 48,051 models in India and registered a drop in gross sales of twenty-two.96% YoY and confirmed constructive development of 31.45% MoM. Complete 2W home gross sales stood at 2,83,878 models and noticed 16.30% development YoY and 18.62% MoM development. Nevertheless, noticed a drop of 11.96% in gross sales in exports YoY and a couple of.15% development MoM.

Coming to 3W gross sales of TVS, they offered 2,158 models within the home market with a quantity development of 1,345 models. TVS 3W home gross sales witnessed a 165.44% YoY development and 59.73% MoM development.

Nevertheless, TVS’ 3W exports are a lot increased. At 15,124 models offered in Sep 2022, TVS registered 9.34% YoY development and noticed a drop in gross sales of 10.49% MoM. When taken as an entire, TVS offered 17,282 3W autos and registered 18.01% YoY development and 5.29% MoM de-growth.

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TVS Complete Gross sales (2W+3W)

Domestically, TVS offered a complete of two,86,036 models in Sep 2022 and registered a 16.80% YoY development with a quantity development of 41,139 models. TVS noticed 18.85% MoM development as effectively. Nevertheless, the identical can’t be stated about whole exports. With simply 92,975 models shipped, TVS noticed a drop in gross sales of 9.08% YoY and 0.15% MoM.

When every little thing is accounted for, TVS pushed out 3,79,011 models in Sep 2022 over 3,47,156 models in Sep 2021 and noticed a development of 9.18% YoY. With 3,33,787 models pushed out in August 2022, TVS registered 13.55% MoM development.