In December 2022, that is last month alone, TVS sold a whopping 242012 units, against 250993 in December 2021. Domestic two-wheeler sales registered growth of 10% increasing from 146,763 units in December 2021 to 161,369 units in December 2022. Motorcycles registered sales of 124,705 units in December 2022 as against 133,700 units in December 2021. Scooters registered growth of 14% with sales increasing from 67,533 units in December 2021 to 76,766 units in December 2022. Those aren’t bad numbers at all, and these numbers show that TVS really is improving and the years of effort put in by people at TVS has brought its fruit.
When it comes to exports, which includes the vehicles sold internationally, the Company’s total exports registered sales of 79,402 units in December 2022 as against 103,420 units in December 2021. Two-wheeler exports registered sales of 66,297 units in December 2022 as against 88,629 units in December 2021. Quite an improvement, indeed.
Talking about the three-wheelers that TVS sells, which means vehicles like the rickshaw that it sells in India, three-wheelers of the Company registered sales of a decent 14,346 units in December 2022 as against 15,541 units in December 2021, which is quite an improvement, considering the fact that TVS rickshaws aren’t the market leader in rickshaws in India, and TVS faces quite a tough competition with Bajaj.
Moving on to the third quarter, two-wheeler sales registered 8.4 lakh units as against 8.3 lakh units in the third quarter of FY 21-22. Three-wheeler posted sales of 0.43 lakh units as against 0.44 lakh units in the third quarter of FY 21-22. Total exports registered sales of 2.5 lakh units in the current quarter as against 2.9 lakh units in the third quarter of FY 21-22. This sums up that this Indian brand that needs no introduction, TVS, which is constantly pushing the boundaries to bring the latest technology and most innovative products on a budget to the masses, while the products turn out to be economical as well, showed some amazing sales numbers, which it whole-heartedly deserved.