TVS Motor Company reported total sales of 397,623 units in January 2025, a 17% increase from 339,513 units in January 2024. The company saw growth across segments, with notable changes in international business and electric vehicle sales.
Two-Wheeler Segment Performance
The two-wheeler division reported an 18% YoY growth with sales of 387,671 units compared to 329,937 units in January 2024. Domestic two-wheeler sales increased by 10% YoY, reaching 293,860 units from 268,233 units in the previous year.
Two-wheeler category breakdown:
- Motorcycle sales: 12% YoY increase to 174,388 units from 155,611 units
- Scooter sales: 29% YoY increase to 171,111 units from 132,290 units
Electric Vehicle Sales
EV sales increased by 55% YoY, with 25,195 units sold in January 2025 compared to 16,276 units in January 2024.
International Business
Export data shows:
- Total exports: 46% YoY increase to 101,055 units from 69,343 units
- Two-wheeler exports: 52% YoY increase to 93,811 units from 61,704 units
Three-Wheeler Segment
Three-wheeler sales increased by 4% YoY to 9,952 units from 9,576 units in January 2024. Quarter-over-quarter figures indicate stable sales volumes in this segment.
