TVS Motor Company recorded bumper sales in October 2024. The two-wheeler manufacturer sold 4,89,015 units, an increase of 13% compared to October last year when it sold 4,34,714 units. These sales include two-wheeler and three-wheeler units sold in the domestic market and overseas exports.
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Two-wheeler sales in the domestic market increased 13%, to 3,90,489 in October 2024, compared to 3,44,957 in October last year. The brand's two-wheeler exports increased 16%, from 75,653 in October 2023 to 87,670 in October 2024.
TVS's domestic two-wheeler sales were 2,30,822 motorcycles, 1,93,439 scooters, 29,308 electric scooters, and 53,898 mopeds. All three saw an increase in sales in October 2024 compared to October 2023, with 14%, 17%, 45%, and 1% growth, respectively.
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Domestic three-wheeler sales also increased 56%, with 2,818 units sold in October 2024, compared to October 2023, when TVS sold 1,805 three-wheelers in India. The only category that saw a dip was three-wheeler exports, which decreased 34%. TVS exported 12,299 three-wheelers in October 2023, compared to 8,038 in October 2024.