• Tuesday, March 05, 2024
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TVS Motor sales rise 4 percent to 306,224 units in April

TVS Motor sales rise 4 percent to 306,224 units in April

TVS Motor Company has posted a 4 percent rise in total sales to 306,224 units in April 2023 compared to 295,308 units in the same month last year.

Total two-wheeler sales grew by 5 percent to 294,786 units last month as against 280,022 units in April 2022, with domestic sales rising to 232,956 units from 180,553 units in the year-ago period, TVS Motor Company said recently.

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Meanwhile, sales of electric scooter TVS iQube Electric were at 6,227 units in April 2023 as against sales of 1,420 units in the same month last year, it said, adding the production was constrained last month due to new battery safety norm AIS156 changeover and supply chain challenges.

On the export front, the company said overseas shipments were at 71,663 units last month as against 113,427 units in April 2022 with two-wheeler exports at 61,830 units, down from 99,489 units in the year ago-month.
It said that three-wheeler sales were at 11,438 units in April 2023 as against 15,286 units in the same month last year.