TVS records a 50% increase in sales in November 2023, with two-wheeler sales reaching 191,730 units.
The company experienced a 50% growth in domestic two-wheeler sales, rising from 191,730 units in November 2022 to 287,017 units in November 2023. Motorcycles saw a 19% increase, with sales climbing from 145,006 units in November 2022 to 172,836 units in November 2023.
In contrast, scooters witnessed a remarkable 62% growth, with sales surging from 83,679 units in November 2022 to 135,749 units in November 2023.
The company achieved sales of 16,782 units for its all-electric TVS iQube and TVS X scooters in November 2023, compared to 10,056 units in November 2022. It asserts that the booking pipeline for TVS iQube remains robust.