– Overall sales increased by six percent
– Exports grew by 20 percent
– Domestic sales increased by six percent
TVS Motor Company has released its sales data for September 2021. The Hosur-based automaker reported 6% year-over-year sales growth (two-wheelers and three-wheelers), selling 3,47,156 units in September 2021 against 3,272,692 units in the corresponding month of last year.
Total sales of two-wheelers increased by six percent, from 3,13,332 units in September 2020 to 3,332,511 units in September 2021. National sales of two-wheelers for September 2021 amounted to 2,444,084 units. compared to 2,412,762 units in September 2020. The company expects a significant improvement in sales during the holiday season.
Motorcycle sales rose 19% in the month, from 1,39,698 units in September 2020 to 1,66,046 units in September 2021. Sales of scooters, on the other hand, saw an insignificant increase in figures of a year over year. The company sold 1,04091 scooters in September 2021 compared to 1,037,777 units in the same period last year.
Total exports increased by 20 percent. The company exported 1,02,259 units in September 2021 compared to 85,163 units in September 2020.