Financials

TVS Motor sales surge 33% to 368,424 units

Bengaluru, March 01, 2024: TVS Motor Company recorded monthly sales of 368,424 units in February 2024 with a growth of 33% as against 276,150 units in February 2023.

Two-Wheeler

Total two-wheelers registered a growth of 34% with sales increasing from 267,026 units in February 2023 to 357,810 units in February 2024. Domestic two-wheeler registered growth of 21% with sales increasing from 221,402 units in February 2023 to 267,502 units in February 2024.

Motorcycle registered a growth of 46% with sales increasing from 126,243 units in February 2023 to 184,023 units in February 2024. Scooter registered a growth of 26% with sales increasing from 104,825 units in February 2023 to 132,152 units in February 2024.

Electric Vehicle

EV sales registered a growth of 16% with sales increasing from 15,522 units in February 2023 to 17,959 units in February 2024.

International Business

The Company’s total exports grew by 85% increasing from 53,405 units registered in February 2023 to 98,856 units in February 2024. Two-wheeler exports registered a growth of 98%. Sales increased from 45,624 units registered in February 2023 to 90,308 units in February 2024.

Three-Wheeler

Three-wheeler registered a growth of 16%. Sales increased from 9,124 units in February 2023 to 10,614 units in February 2024.

News related to TVS –

  1. TVS HLX hits 3.5 million global customers
  2. TVS Motor Singapore completes Killwatt GmbH stake acquisition
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