TVS Motor Company Sees 13% Growth in August 2024 Sales

TVS Motor Company reports a 13% growth in sales for August 2024, selling 391,588 units compared to 345,848 units in August 2023. The company saw increases in two-wheeler, scooter, and electric vehicle sales, along with a 14% rise in exports. Domestic sales also improved by 13%.

TVS Motor Company has announced a significant growth in its monthly sales figures for August 2024. The company sold a total of 391,588 units, representing a 13% increase from the 345,848 units sold in August 2023.

The two-wheeler segment saw a robust 14% increase, with sales jumping from 332,110 units in August 2023 to 378,841 units in August 2024. Domestic two-wheeler sales also grew by 13%, reaching 289,073 units from 256,619 units in the previous year.

Meanwhile, motorcycle sales achieved an 11% rise, and scooter sales jumped by 15%. Electric vehicle sales also saw a modest 4% growth. Five international markets contributed to a 14% increase in exports, with total exports reaching 99,976 units.

(With inputs from agencies.)