TVS Motor sales jump 7% to 320,000 units in December

New Delhi [India]January 2 (ANI): TVS Motor Company said in a statement on Thursday that monthly sales in December 2024 were 321,687 units, up 7% from 301,898 units in the same period last year.

Overall, most car and bike manufacturers had strong performances in December.

TVS’s total two-wheeler sales grew by 8%, with sales increasing from 290,064 units in December 2023 to 312,002 units in December 2024. Domestic two-wheeler sales in December 2024 were 215,075 units as compared to 214,988 units in December 2023.

Motorcycle sales in December 2024 were 144,811 units compared to 148,049 units in December 2023. Scooter sales increased by 30%, with sales increasing from 103,167 units in December 2023 to 133,919 units in December 2024.

In terms of electric vehicles, the company sold 20,171 vehicles in December 2024, compared with 11,288 vehicles in December 2023, an increase of 79%.

The company’s total exports increased by 22% from 85,391 units registered in December 2023 to 104,393 units in December 2024. Two-wheeler exports grew by 29% with sales increasing from 75,076 units registered in December 2023 to 96,927 units in December 2024.

TVS three-wheeler sales in December 2024 were 9,685 units as compared to 11,834 units in December 2023.

In the third quarter of this fiscal, two-wheeler sales grew strongly by 11 per cent to 1.18 million units, as compared to 1.06 million units sold in the third quarter of 2023-24.

Tata Motors released data on Wednesday evening that sales in the domestic and international markets stood at 235,599 units in the third quarter of 2024-25 as compared to 234,981 units in the third quarter of 2023-24.

Total domestic sales rose just 1% to 76,599 units, compared with 76,138 units in the same period last year.

Ashok Leyland’s combined domestic and export sales grew 5% to 16,957 units as compared to 16,154 units in December 2023.

Many automakers have said they will raise the price of each vehicle in the new year, which could boost sales. (Arnie)