Tag: Three-Wheeler Sales
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TVS Motor Reports Remarkable 23% Surge in January Vehicle Sales, Electric Segment Skyrockets by 34%
In a triumphant start to the year, TVS Motor reported a remarkable 23% surge in vehicle sales for January 2024, reaching an impressive 339,513 units. The two-wheeler segment played a pivotal role, experiencing a substantial 25% growth, with motorcycle and scooter sales witnessing significant spikes of 29% and 24%, respectively. Notably, the electric vehicle segment soared by an outstanding 34%, reflecting a growing consumer inclination towards sustainable transportation. Despite facing challenges in dispatches due to container availability constraints, TVS Motor's international exports recorded a commendable 22% growth. The company's strategic adaptability and diverse product offerings position it as a key player in the dynamic automotive landscape.