Monthly Update1 Nov 2024, 09:32 pm
TVS Motor Company registers highest ever monthly sales in October 2024; Records 4.89 lakh units with a growth of 13%
AI Summary
TVS Motor Company has reported its highest ever monthly sales in October 2024, with a total of 489,015 units sold, marking a 13% growth compared to October 2023. The two-wheeler segment saw a 14% growth, with domestic two-wheelers increasing by 13%. Motorcycle sales grew by 14%, scooter sales increased by 17%, and electric vehicle (EV) sales witnessed a 45% growth. Total exports grew by 9%, with two-wheeler exports up by 16%. However, three-wheeler sales decreased by 23%.
Key Highlights
- TVS Motor Company achieves highest ever monthly sales of 4.89 lakh units in October 2024
- 2-wheeler sales grow by 14%, domestic sales increase by 13%
- Motorcycle and scooter sales see growth of 14% and 17% respectively
- EV sales surge by 45%
- Total exports grow by 9%, 2-wheeler exports increase by 16%