TVS Motor Company Excels in November 2023 with 31% Rise in Total Dispatches
In a statement released on Friday, TVS Motor Company announced a significant growth in total dispatches, reporting a 31% rise to 3,64,231 units in November 2023 compared to 2,77,123 units in November 2022. The company’s two-wheeler sales also soared to 3,52,103 units, showing a 34% increase from 2,63,642 units in the same month last year.
Domestically, two-wheeler sales witnessed a substantial 50% growth to 2,87,017 units in November 2023, compared to 1,91,730 units in November 2022. Motorcycle sales grew by 19% at 1,72,836 units last month, while scooter sales jumped by a significant 62% to 1,35,749 units.
TVS Motor Co also reported a surge in the sales of its iQube electric scooter, selling 16,782 units in November 2023 compared to 10,056 units in the previous year. However, three-wheeler sales saw a slight decline to 12,128 units in November 2023 from 13,481 units in November 2022.
The company also mentioned that total exports were lower at 75,203 units in November 2023 compared to 84,134 units in the same month last year. This news comes as a significant milestone for TVS Motor Company, marking a successful month for the company’s sales and dispatches.
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