TVS Motor Firm registered a progress of twenty-two% in June 2022 with gross sales of 308,501 models as towards 251,886 models within the month of June 2021.
Complete two-wheelers registered a progress of 23% in June 2022 with gross sales growing from 238,092 models in June 2021 to 293,715 models in June 2022. Home two-wheeler registered progress of 33% with gross sales growing from 145,413 models in June 2021 to 193,090 models in June 2022.
Bike registered gross sales of 146,075 models in June 2022 as towards 146,874 models in June 2021. Scooter gross sales of the Firm grew from 53,956 models in June 2021 to 105,211 models in June 2022.
The scarcity within the provide of semiconductors has impacted the manufacturing and gross sales of premium two-wheelers. We’re working aggressively with alternate sources and taking each effort to enhance provides on the earliest. Some enchancment has been seen this month. We’re optimistic that volumes will revive to regular ranges as semiconductor provides proceed to enhance.
The Firm’s whole exports grew by 8% from 106,246 models in June 2021 to 114,449 models in June 2022. Two-wheeler exports grew by 9% from 92,679 models in June 2021 to 100,625 models in June 2022.
Three-wheeler gross sales of the Firm grew by 7% from 13,794 models in June 2021 to 14,786 models in June 2022.
The home two-wheeler gross sales embody TVS iQube Electric gross sales of 4,667 models in June 2022. That is the best ever gross sales of TVS iQube Electric and the gross sales grew by 77% over May 2022.
First Quarter Gross sales Efficiency
Throughout the first quarter of the present monetary 12 months, two-wheeler gross sales grew by 39% growing from 6.2 lakh models within the first quarter FY 21-22 to eight.6 lakh models within the present quarter. Three-wheeler of the Firm registered a progress of 18% growing from 0.39 lakh models within the first quarter of FY 21-22.to 0.46 lakh models within the first quarter of the present 12 months.
About TVS Motor Firm
TVS Motor Firm is a reputed two and three-wheeler producer globally, championing progress by means of Sustainable Mobility with 4 state-of-the-art manufacturing amenities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia. Rooted in our 100-year legacy of Belief, Worth, and Ardour for Prospects and Exactness, we take satisfaction in making internationally aspirational merchandise of the best high quality by means of progressive and sustainable processes. We’re the one two-wheeler firm to have acquired the distinguished Deming Prize. Our merchandise lead of their respective classes within the J.D. Energy IQS and APEAL surveys. We’ve got been ranked No. 1 Firm within the J.D. Energy Buyer Service Satisfaction Survey for consecutive 4 years. Our group firm Norton Bikes, based mostly in the UK, is without doubt one of the most emotive motorbike manufacturers on the earth. Our subsidiaries within the private e-mobility house, Swiss E-Mobility Group (SEMG) and EGO Motion have a number one place within the e-bike market in Switzerland. TVS Motor Firm endeavours to ship probably the most superior buyer expertise throughout 80 international locations during which we function.
For extra info, please go to www.tvsmotor.com.
If in case you have any considerations or complaints relating to this text, please tell us and the article might be eliminated quickly.