TVS Motor Co Ltd.’s two-wheeler sales in the domestic market grew 17% to 2.35 lakh units helping the overall tally to register a growth.
The strong domestic show limited the impact of an over 21% decline in motorcycle exports to 77,077 units.
Within two-wheelers, motorcycle sales grew 2%, while scooters recorded a growth of 5%.
Sales Highlights (YoY):
Total sales rose 4% to 3.26 lakh units.
Two-wheeler sales rose 4% to 3.12 lakh units.
Three-wheeler sales fell 8.8% to 13,670 units.
Exports fell 20% to 89,213 units.
The sales of the company’s iQube electric scooter more than doubled to 13,306 units in the month.