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Domestic sales up by 25%; Exports grow by 6%
TVS Motor Company has registered its highest-ever monthly sales of 434,714 units in October 2023 with a growth of 21 percent as against 360,288 units in the month of October 2022.
Two-Wheeler
Total two-wheelers registered a growth of 22% with sales increasing from 344,630 units in October 2022 to 420,610 units in October 2023. Domestic two-wheeler registered growth of 25% with sales increasing from 275,934 units in October 2022 to 344,957 units in October 2023.
Motorcycle registered a growth of 23% with sales increasing from 164,568 units in October 2022 to 201,965 units in October 2023. Scooter registered a growth of 22% with sales increasing from 135,190 units in October 2022 to 165,135 units in October 2023.
Electric Vehicle
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The Company sold 20,153 units of TVS iQube Electric in October 2023 as against sales of 8,103 units in October 2022.
International Business
The Company’s total exports registered a growth of 6% with sales increasing from 82,816 units in October 2022 to 87,952 units in October 2023. Two-wheeler exports registered a growth of 10% with sales increasing from 68,696 units in October 2022 to 75,653 units in October 2023.
Three-Wheeler
Three-wheeler of the Company registered sales of 14,104 units in October 2023 as against 15,658 units in October 2022.