TVS Motor April 2024 Sales reached 3.03 Lakh Units- Raider, iQube, Ntorq

Motorcycle Segment: April 2024 has showcased a 9.61% increase in TVS motorcycle sales compared to March 2024. This growth amounted to 16,499 additional units sold by TVS in April 2024, proving a sustained consumer demand and brand preference among consumers.

Scooter Segment: Scooter sales increased by 9.62% in April 2024 compared to March 2024. The growth signifies a constant consumer preference in TVS scooters, all thanks to models like Jupiter and Ntorq.

Electric Scooter Segment: TVS experienced an impressive two-digit sales rate increment of 14.12% in e-scooter sales from March to April 2024. iQube along with TVS X model still continues to gain interest from many sustainable mobility solution seekers.

Moped Segment: Moped sales saw a modest yet noteworthy growth of 2.40% in April 2024 compared to March 2024. TVS's XL100 model has maintained its popularity among consumers, driving sales in this segment.

Domestic and Export Performance: Domestic two-wheeler sales surged by 15.71% from March 2024 to April 2024. However, there was a decline of 12.84% in two-wheeler exports during the same period.

Three-wheeler sales, both domestically and in exports, witnessed declines, these areas can be considered as the target areas for an improved and better performance in next month's sales report.