TVS Motor Company, a leading two and three-wheeler manufacturer globally, has reported a sales growth of 9% in May 2023, with its total sales increasing from 302,982 units to 330,609 units. Two-wheelers saw an 11% growth, with domestic two-wheeler sales increasing by 32%. The company’s motorcycle sales rose by 9%, with scooter sales increasing by 3%. TVS iQube electric registered 17,953 unit sales, an increase from 2,637 units in May 2022, and has a booking pipeline exceeding 30,000 units. Exports of TVS Motor Company saw a decline, with total exports registering 76,607 unit sales, a reduction from 110,245 units in May 2022. Three-wheeler sales saw a 29% reduction, with the company selling 11,314 units compared to 15,924 units in May 2022. TVS Motor Company has four state-of-the-art manufacturing facilities globally and aims to provide superior customer service across the 80 countries it operates in.
TVS Motor Company Reports 9% Growth in May 2023 Sales with 32% Increase in Domestic Sales
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