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TVS Motor Sales in March 2024, Witnessed 11% YoY Growth
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TVS motor sold 3,54,592 units in March 2024, showcasing dominance across bikes, scooters, e-scooters, and 3W-wheelers. YoY growth is positive, but e-scooter sales and exports require strategic attention.
Key Highlights:
- TVS Motors has achieved a total sales figure of 3,54,592units in March 2024.
- TVS overall MoM growth declined by -3.75% in March 2024.
- Overall YoY growth increased by 11.81% in March 2024 compared to March 2023.
One of the prominent two wheeler and three wheeler manufacturers, TVS Motors has achieved a total sales figure of 3,54,592units in March 2024. This achievement showcases the wide range of vehicle segments, including motorcycles, scooters, e-scooters, mopeds, and 3W-wheelers, in which TVS has its dominance. Though we can see there is a slight decline in the MoM growth, the YoY growth is mostly positive.
TVS Motor: MoM Performance
TVS Motor Sales | March’24 | Feb’24 | Difference | Growth% MoM |
Bike | 1,71,611 | 1,84,023 | -12,412 | -6.74 |
Scooter | 1,31,472 | 1,32,152 | -680 | -0.51 |
E-scooter | 15,250 | 17,959 | -2,709 | -15.08 |
Moped | 41,363 | 41,635 | -272 | -0.65 |
2W Domestic | 2,60,532 | 2,67,502 | -6,970 | -2.61 |
2W Export | 83,914 | 90,308 | -6,394 | -7.08 |
2W Total | 3,44,446 | 3,57,810 | -13,364 | -3.73 |
TVS Motor Sales | March’24 | Feb’24 | Difference | Growth% MoM |
3W Domestic | 2,088 | 2,066 | 22 | 1.06 |
3W Exports | 8,058 | 8,548 | -490 | -5.73 |
3W Total | 10,146 | 10,614 | -468 | -4.41 |
TVS Motor Sales | March’24 | Feb’24 | Difference | Growth% MoM |
Domestic (2+3W) | 2,62,620 | 2,69,568 | -6,948 | -2.58 |
Export (2+3W) | 91,972 | 98,856 | -6,884 | -6.96 |
Total (2+3W) | 3,54,592 | 3,68,424 | -13,832 | -3.75 |
TVS Motor: YoY Performance
TVS Motor Sales | March’24 | March’23 | Difference | Growth% YoY |
Bike | 1,71,611 | 1,41,250 | 30,361 | 21.49 |
Scooter | 1,31,472 | 1,28,817 | 2,655 | 2.06 |
E-scooter | 15,250 | 15,364 | -114 | -0.74 |
Moped | 41,363 | 37,492 | 3,871 | 10.32 |
2W Domestic | 2,60,532 | 2,40,780 | 19,752 | 8.20 |
2W Export | 83,914 | 66,779 | 17,135 | 25.66 |
2W Total | 3,44,446 | 3,07,559 | 36,887 | 11.99 |
TVS Motor Sales | March’24 | March’23 | Difference | Growth% YoY |
3W Domestic | 2,088 | 1,335 | 753 | 56.40 |
3W Exports | 8,058 | 8,258 | -200 | -2.42 |
3W Total | 10,146 | 9,593 | Ad Ad Follow Us:    More NewsYamaha FZ-X Hybrid Set to Debut at Bharat Mobility Global Expo 2025 Yamaha will provide advanced features, including hybrid technology and a TFT display on the FZ-X 150cc commuter bike, in a development that emphasizes modernization for the brand in Indian motorcycles. 14-Jan-2025 11:43 AM Read Full NewsYamaha FZ-X Hybrid Set to Debut at Bharat Mobility Global Expo 2025 Yamaha will provide advanced features, including hybrid technology and a TFT display on the FZ-X 150cc commuter bike, in a development that emphasizes modernization for the brand in Indian motorcycles. 14-Jan-2025 11:43 AM Read Full NewsSuzuki Launches 2025 Gixxer Series and V-Strom SX with OBD-2B Compliance Suzuki Motorcycle India has launched its updated 2025 lineup that includes the Gixxer series and V-Strom SX models, which are now in line with the new OBD-2B emission norms. 13-Jan-2025 02:49 AM Read Full NewsSuzuki Launches 2025 Gixxer Series and V-Strom SX with OBD-2B Compliance Suzuki Motorcycle India has launched its updated 2025 lineup that includes the Gixxer series and V-Strom SX models, which are now in line with the new OBD-2B emission norms. 13-Jan-2025 02:49 AM Read Full NewsCarbike360 Weekly Wrap | Tata Tiago EV, Mercedes-Benz G 580, and MG M9 Revealed! Catch up on the most exciting car launches this week, from Tata’s refreshed Tiago models to the luxurious Mercedes-Benz G 580 and MG M9. 11-Jan-2025 07:26 AM Read Full NewsCarbike360 Weekly Wrap | Tata Tiago EV, Mercedes-Benz G 580, and MG M9 Revealed! Catch up on the most exciting car launches this week, from Tata’s refreshed Tiago models to the luxurious Mercedes-Benz G 580 and MG M9. 11-Jan-2025 07:26 AM Read Full NewsBajaj Pulsar RS200 Updated at ₹1.84 Lakh: New Features and Upgrades Bajaj Auto has launched the updated Pulsar RS200- a first significant update since it was launched almost a decade ago. 10-Jan-2025 01:14 PM Read Full NewsBajaj Pulsar RS200 Updated at ₹1.84 Lakh: New Features and Upgrades Bajaj Auto has launched the updated Pulsar RS200- a first significant update since it was launched almost a decade ago. 10-Jan-2025 01:14 PM Read Full NewsBajaj Freedom CNG Achieves 40,000 Sales in Six Months Bajaj Auto has now announced that it sold over 40,000 Freedom CNG motorcycle units within only six months after its launch. 10-Jan-2025 06:25 AM Read Full NewsBajaj Freedom CNG Achieves 40,000 Sales in Six Months Bajaj Auto has now announced that it sold over 40,000 Freedom CNG motorcycle units within only six months after its launch. 10-Jan-2025 06:25 AM Read Full NewsBMW R 1300 GSA Teased: Ready To Debut At Bharat Mobility Expo 2025 BMW Motorrad has released a teaser for the much-awaited R 1300 GSA, which is to be launched in India soon. 09-Jan-2025 01:00 PM Read Full NewsBMW R 1300 GSA Teased: Ready To Debut At Bharat Mobility Expo 2025 BMW Motorrad has released a teaser for the much-awaited R 1300 GSA, which is to be launched in India soon. 09-Jan-2025 01:00 PM Read Full NewsAd Ad Cars In IndiaToyota Camry ₹ 48.00 Lakh Honda Amaze ₹ 8.00 - 10.90 Lakh Audi Q7 ₹ 88.66 - 97.81 Lakh Mahindra XEV 9e ₹ 21.90 - 30.50 Lakh Tata Harrier EV ₹ 24.00 - 28.00 Lakh MG M9 EV ₹ 1.00 - 1.10 Cr Maruti e Vitara ₹ 20.00 - 25.00 Lakh Hyundai Creta EV ₹ 22.00 - 26.00 Lakh BYD SeaLion 7 ₹ 45.00 - 55.00 Lakh Ad Ad Ad |
