TVS Motor Company’s Sales Grow By 7 Percent in December 2024

TVS
Motor
Company
recorded
monthly
sales
of
321,687
units
in
December
2024
with
a
growth
of
7%
as
against
301,898
units
in
the
month
of
December
2023. 

Two-Wheeler
Total
two-wheelers
registered
a
growth
of
8%
with
sales
increasing
from
290,064
units
in
December
2023
to
312,002
units
in
December
2024.
Domestic
two-wheeler
registered
215,075
units
in
December
2024
as
against 214,988
units
in
December
2023.

Motorcycle
registered
sales
of
144,811
units
in
December
2024
as
against
148,049
units
in
December
2023.
Scooter
registered
a
growth
of
30%
with
sales
increasing
from
103,167
units
in
December
2023
to
133,919
units
in
December
2024.

Electric
Vehicle
The
Company
sold
20,171
units
in
December
2024
as
against
11,288
units
in
December
2023,
registering
a
growth
of
79%.

International
Business
The
Company’s
total
exports
grew
by
22%
increasing
from
85,391
units
registered
in
December
2023
to
104,393
units
in
December
2024.
Two-wheeler
exports
registered a
growth
of
29%
with
sales
increasing
from
75,076
units
registered
in
December
2023
to
96,927
units
in
December
2024.

Three-Wheeler
Three-wheeler
of
the
Company
registered
sales
of
9,685
units
in
December
2024
as
against
11,834
units
in
December
2023.

Third
Quarter
Sales
Performance
During
the
third
quarter
of
the
current
financial
year,
two-wheelers
posted
a
robust
growth
of
11%
with
sales
of
11.8
lakh
units
as
against
sales
of
10.6
lakh
units
in
the
third
quarter
of
FY
23-24.
Three-wheeler
of
the
Company
registered
sales
of
0.29
lakh
units
in
the
third
quarter
of
the
current
year
as
against
0.38
lakh
units
in
the
third
quarter
of
FY
23-24.
Two-wheeler
sales
include
EV
sales
of
0.76
lakh
units
in
the
third
quarter
of
FY
24-25
as
against
0.48
lakh
units
in
the
third
quarter
of
FY
23-24
with
a
growth
of
57%.

About
TVS
Motor
Company
TVS
Motor
Company
(BSE:532343
and
NSE:
TVSMOTOR)
is
a
reputed
two
and
three-wheeler
manufacturer
globally,
championing
progress
through
sustainable
mobility
with four
state-of-the-art
manufacturing
facilities
located
in
India
and
Indonesia.
Rooted
in
our
100-year
legacy
of
trust,
value,
and
passion
for
customers,
it
takes
pride
in
making
internationally
accepted
products
of
the
highest
quality
through
innovative
and
sustainable
processes.
TVS
Motor
is
the
only
two-wheeler
company
to
have
won
the
prestigious
Deming
Prize.
Our
products
lead
in
their
respective
categories
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
four
consecutive
years.
Our
group
company
Norton
Motorcycles,
based
in
the
United
Kingdom,
is
one
of
the
most
emotive
motorcycle
brands
in
the
world.
Our
subsidiaries
in
the
personal
e-mobility
space,
Swiss
E-Mobility
Group
(SEMG)
and
EGO
Movement
have
a
leading
position
in
the
e-bike
market
in
Switzerland.
TVS
Motor
Company
endeavours
to
deliver
the
most
superior
customer
experience
across
80
countries
in
which
we
operate.

For
more
information,
please
visit

www.tvsmotor.com.