TVS Motor Company’s Sales Grow By 23% in January 2024

TVS Motor Company recorded month-to-month gross sales of 339,513 items in January 2024 with a development of 23% as towards 275,115 items in the month of January 2023.

Two-Wheeler

Total two-wheelers registered a development of 25% with gross sales rising from 264,710 items in January 2023 to 329,937 items in January 2024. Domestic two-wheeler registered development of 24% with gross sales rising from 216,471 items in January 2023 to 268,233 items in January 2024.

Motorcycle registered a development of 29% with gross sales rising from 121,042 items in January 2023 to 155,611 items in January 2024. Scooter registered a development of 24% with gross sales rising from 106,537 items in January 2023 to 132,290 items in January 2024.

Electric Vehicle

EV gross sales registered a development of 34% with gross sales rising from 12,169 items in January 2023 to 16,276 items in January 2024.

International Business

The Company’s whole exports grew by 22% rising from 57,024 items registered in January 2023 to 69,343 items in January 2024. Two-wheeler exports registered a development of 28% with gross sales rising from 48,239 items registered in January 2023 to 61,704 items in January 2024. Dispatches in the course of the month have been partially affected as a result of constraints in the supply of the containers.

Three-Wheeler

Three-wheeler of the Company registered gross sales of 9,576 items in January 2024 as towards 10,405 items in January 2023.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler producer globally, championing progress by means of sustainable mobility with 4 state-of-the-art manufacturing amenities positioned in India and Indonesia. Rooted in our 100-year legacy of belief, worth, and keenness for purchasers, it takes delight in making internationally accepted merchandise of the very best high quality by means of progressive and sustainable processes. TVS Motor is the one two-wheeler firm to have gained the celebrated Deming Prize. Our merchandise lead in their respective classes in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for 4 consecutive years. Our group firm Norton Motorcycles, based mostly in the United Kingdom, is among the most emotive motorbike manufacturers in the world. Our subsidiaries in the non-public e-mobility area, Swiss E-Mobility Group (SEMG) and EGO Movement have a number one place in the e-bike market in Switzerland. TVS Motor Company endeavours to ship probably the most superior buyer expertise throughout 80 nations in which we function.

For extra data, please go towww.tvsmotor.com.