TVS sales up 15 percent in August

TVS Motor Company recorded a  15 percent in its August 2022 with sales of 333,787 units as against 290,694 units in August 2021. 

In the two-wheelers segment, it registered a growth of 15 percent  in August 2022 with sales increasing from 274,313 units in August 2021 to 315,539 units in August 2022. 

Domestic two-wheeler registered growth of 33 percent with sales increasing from 179,999 units in August 2021 to 239,325 units in August 2022.  The sales tally in July 2022 was 299,658 units.

Motorcycles saw a growth of 17 percent with sales increasing from 133,789 units in August 2021 to 157,118 units in August 2022. Scooter registered a growth of 40 percent with sales increasing from 87,059 units in August 2021 to 121,866 units in August 2022. 

With positive market sentiments and the upcoming festive season, TVS hopes to see the numbers rise as semiconductor supplies have improved, the company said.

TVS sold 4,418 units of TVS iQube Electric in August 2022 as against sales of 649 units in August 2021. The company’s July 2022 sales were in the region of 6,000 units

TVS’s exports registered sales of 93,111 units in August 2022 as against sales of 109,927 units in August 2021.  Two-wheeler exports fell 19 percent  to 76,214 units in August 2022 as against 94,314 units in August 2021. 

In the three-wheeler segment, sales rose 11 percent from 16,381 units registered in August 2021 to  18,248 units in August 2022.