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      TVS Apache 310 Street Launch Tomorrow – New Teaser Out

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      TVS Apache 310 Street Launch TomorrowTVS Motor will be launching the much awaited Apache RTR 310 tomorrow – Ahead of that, they have released a new teaserFor motorcycle enthusiasts seeking an optimal blend of style, performance, and affordability, TVS Apache has long been a favoured choice. TVS Apache lineup boasts a diverse range of bikes catering to various riding preferences, with the RR310 as its flagship model, developed in collaboration with BMW. Soon, riders will have even more options to choose from, as TVS gears up for the launch of the highly anticipated Apache 310 Street or the Apache RTR 310.TVS Apache 310 Street FeaturesEnthusiasts are likely to recognize the similarities between the upcoming Apache 310 Street and the BMW G310R, which is part of the BMW-TVS partnership that has seen success in over 100 countries. While some features and components are expected to be shared with the BMW G310R and the Apache RR310, the Apache 310 Street is set to establish its distinctive profile through changes in the front fascia, alloy wheels, exhaust system, and a vibrant array of colours.Recent test mule sightings and teaser releases have confirmed that the Apache 310 Street will come equipped with USD forks at the front and a monoshock at the rear. The bike will feature a split-seat design reminiscent of the RR310, a redesigned tail lamp unit, and a unique tyre hugger that also holds the number plate and turn indicators.One of the standout features of the Apache 310 Street is its new square-shaped TFT display, a departure from the vertically oriented rectangular unit found on the RR310. This change hints at the possibility of additional functions being introduced, building upon TVS’s SmartXonnect connectivity suite, which includes navigation assistance, ride analytics, ride planning, and access to calls and SMS.New TVS Apache 310 StreetTVS Apache 310 Street PerformanceUnder the hood, the TVS Apache 310 Street will be powered by the same 312.2cc, single-cylinder, 4-valve, liquid-cooled engine found in the RR310. Riders can expect the same array of ride modes – Sport, Track, Urban, and Rain – as those available on the RR310. In Sport and Track modes, the engine delivers an impressive 34 PS of maximum power and 27.3 Nm of peak torque. Meanwhile, in Urban and Rain modes, these figures drop slightly to 25.8 PS and 25 Nm.What sets the Apache 310 Street apart in terms of performance is its expected 10 kg reduction in weight compared to the RR310, which has a kerb weight of 174 kg. This decrease in weight is anticipated to result in a more exhilarating riding experience, with an improved power-to-weight ratio and potentially higher fuel efficiency. The bike’s riding stance is set to be more comfortable compared to its faired sibling, offering a shorter turning radius and enhanced agility and maneuverability.In practical terms, the Apache 310 Street is poised to be a more versatile and budget-friendly option within its class. TVS is expected to adopt an aggressive pricing strategy, making it one of the most affordable motorcycles in its segment. Bookings for the Apache 310 Street are already open, with the official launch scheduled for tomorrow, September 6, 2023. More

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      Two Wheeler Sales August 2023 – Hero, Honda, TVS, Bajaj, Suzuki, RE

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      New TVS Apache 160While Hero MotoCorp saw the highest sales in domestic markets, it was Bajaj Auto that led in terms of exports in August 2023Two wheeler sales in August 2023 continued its growth in domestic markets in August 2023 both in terms of YoY and MoM basis, while exports ended in the red. Taking into account sales of the leading 6 two wheeler ORMs in India, Hero and Honda led the domestic sales charts while it was Bajaj Auto and TVS Motors that commanded the export list.Two Wheeler Domestic sales August 2023In domestic markets, total sales of the leading 6 two wheeler makers stood at 14,94,024 units in August 2023. This was a 1.31 percent YoY growth over 14,74,665 units sold in August 2022 relating to a 19,359 unit volume increase. MoM sales also improved even more significantly by 23.92 percent from 12,05,662 units sold in July 2023 with volume growth at 2,88,362 units.Two wheeler sales Aug 2023Hero MotoCorp sold the highest number of two wheelers last month. Figures stood at 4,72,947 units, up 4.93 percent YoY from 4,50,740 units sold in August 2022 while MoM sales also improved by 27.41 percent from 3,71,204 units sold in July 2023. Market share improved from 30.79 percent held in July 2023 to 31.66 percent last month.Following close behind at No. 2 was Honda with 4,51,200 units sold in August 2023, up 6.61 percent YoY from 4,23,216 units sold in August 2022. The company currently commands a 30.20 percent market share up from 25.78 percent held in July 2023 when sales stood at 3,10,867 units, relating to a 45.14 percent MoM growth.Two Wheeler Sales August 2023 – DomesticTVS Motor sales also grew both YoY and MoM to 2,56,619 units in August 2023, up 7.23 percent YoY and 9.09 percent MoM. This was against 2,39,325 units and 2,35,230 units sold in August 2022 and July 2023 respectively. Market share however dipped to 17.18 percent from 19.51 percent MoM. Bajaj Auto posted a YoY de-growth in August 2023 down to 1,60,820 units from 2,33,838 units sold in August 2022. It was however, a MoM growth of 13.26 percent when compared to 1,42,990 units sold in July 2023. This list also included Suzuki (83,045 units) and Enfield (69,393 units) both of which have reported YoY and MoM growth.Two Wheeler Exports August 2023Dismal performance was seen in export markets with the leading 6 two wheeler makers posting lackluster sales. Total exports stood at 2,70,343 units, down 0.35 percent YoY from 2,71,301 units exported in August 2022 while MoM exports slipped 5.49 percent over 2,86,058 units shipped in July 2023.Two Wheeler Exports August 2023Bajaj Auto saw the highest exports at 1,24,211 units in the past month, up 1.99 percent from 1,21,787 units sold in August 2023 while MoM sales dipped 2.08 percent from 1,26,850 units shipped in July 2023. Bajaj Auto currently commands a 45.95 percent share in export markets. TVS exports dipped both YoY and MoM to 75,491 units in August 2023. This was down 0.95 percent YoY from 76,214 units shipped in August 2023 and down 2.06 percent MoM from 77,077 units exported in July 2023.Honda two wheeler exports dipped significantly by 32.86 percent to 26,390 units in the past month from 39,307 units exported in August 2022. MoM exports also ended in the red down 3.84 percent from 27,443 units shipped in July 2023. Suzuki (20,291 units), Hero MotoCorp (15,770 units) and Enfield (8,190 units) each posted a YoY growth while Suzuki and Hero also saw a MoM decline in exports by 26.29 percent and 21.57 percent respectively. Enfield exports grew by 16.09 percent from 7,055 units shipped in July 2023.Two Wheeler Total August 2023 – Sales + ExportsTotal 2 Wheeler Sales August 2023Increased domestic sales resulted in positive total sales of these 6 two wheeler makers in August 2023. Total sales stood at 17,64,367 units in August 2023, up 1.05 percent from 17,45,966 units sold in August 2022. MoM sales improved by 18.28 percent from 14,91,720 units sold in July 2023.It was Hero that led the sales list with 4,88,717 units sold last month, up 5.64 percent from 4,62,608 units sold in August 2022. MoM sales also grew by 24.89 percent over 3,91,310 units sold in July 2022. Honda sales improved by 3.26 percent YoY and even more significantly by 41.17 percent MoM to 4,77,590 units in August 2023. There were 4,62,523 units and 3,38,310 units sold in August 2022 and July 2023 respectively.TVS Motor posted a 5.25 percent YoY growth and 6.34 percent MoM growth to 3,32,110 units in the past month while Bajaj Auto’s total sales fell by 19.85 percent to 2,85,031 units on a YoY basis. Bajaj Sales however, improved by 6.02 percent MoM from 2,68,840 units sold in July 2023. There was also Suzuki (1,03,336 units) and Royal Enfield (77,583 units) total sales last month. Both saw increased YoY growth while Suzuki sales dipped on a MoM basis by 4.17 percent from 1,07,838 units sold in July 2023. More

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      Which Royal Enfield 350cc Should You Buy – Classic, Bullet, Hunter, Meteor

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      Which 350cc Royal Enfield Motorcycle To Buy?The new Bullet 350 is Rs. 19K more affordable than Classic 350, but costs Rs. 24K more than Hunter 350 (prices ex-sh)Royal Enfield has established itself as the de facto 350cc motorcycle brand. The company launched its most iconic 2023 Bullet 350 for Rs. 1.73 lakh (ex-sh). It now packs J-series underpinnings, making it much more modern than before. Now that all RE bikes pack the same basic powertrain and hardware, which one to take home?Should you buy the Bullet 350?Royal Enfield enjoys little to no competition from rival brands like Honda, Jawa and Yezdi. But there is healthy competition from within the brand’s 350cc lineup. New Bullet 350 will lock horns with its stablemates like Classic 350, Meteor 350 and the value champ Hunter 350.Royal Enfield 350cc motorcycles and their pricesAll motorcycles offer identical powertrain and almost similar hardware. So, we compared design, rider comfort, and emotional and monetary aspects, rather than specs and numbers. Getting specs out of the way, all 350cc bikes from Royal Enfield come equipped with J-series engine with 349cc displacement, around 20 bhp of power and 27 Nm of torque.Braking setup, suspension setup and chassis are almost comparable with each offering a unique character. Rider ergonomics change as Meteor is a relaxed cruiser, while Hunter takes a slight scrambler-esque approach. Bullet and Classic come close with almost similar rider’s triangles. With that out of the way, let’s talk about design.Royal Enfield 350cc motorcycles and their designWe can see that fuel tank design is almost similar between Classic and Bullet, with the former getting a rubber tank pad. Bullet 350 seems to have a slightly taller handlebar. Classic 350 has elliptical air box while Bullet 350 has a square one. Bullet 350 has a slightly more retro rear fender and gets a single-piece seat.Royal Enfield Hunter 350 coloursIs Hunter 350 all the motorcycle you need?Other than that, headlights, pilot lights, turn indicators, instrument cluster, exhaust and other attributes are identical between Bullet 350 and Classic 350. Essentially, Bullet 350 costs Rs. 19K less than Classic 350 (at base variants) and is technically the same motorcycle. Meteor 350 has the chunkiest fuel tank but doesn’t hold 20L petrol like its predecessor did.However, it does offer the most relaxed riding position with an easy-to-reach handlebar and most front-set footpegs. Top-spec Supernova variants offer a tall windscreen and pillion backrest, that significantly aids during log-distance touring. Meteor 350 makes perfect sense if long-distance rides are your jam and being comfortable throughout, is a priority.Royal Enfield Bullet 350 coloursHunter 350 is still the most affordable motorcycle, starting from Rs. 1,49,900 (ex-sh). For context, Bullet 350 is Rs. 24K, Classic 350 is Rs. 43K and Meteor 350 is Rs. 55K more expensive than Hunter 350. Even the base Hunter Retro packs the same engine, same performance, and similar componentry. Not only is Hunter affordable, but it is lightest and the most compact too.On surface level, all 350cc Royal Enfield motorcycles are the same vanilla ice cream with different toppings. It boils down to specific design details and colour schemes, more than specs and numbers. Either way, Meteor 350 and Hunter 350 have their own target demographic with significant changes in riding position and rider comfort.Royal Enfield Classic 350 coloursMeteor prioritises comfort and long-distance touring, while Hunter aims for a sporty and neo retro appeal. The main confusion is with Bullet 350 and Classic 350. Up until now, Bullet 350 was a significant downgrade when compared to Classic 350 and added price for the latter was justifiable.With 2023 Bullet 350, Royal Enfield has given it every single functional attribute of a Classic 350. Considering Bullet 350 has everything that Classic 350 does and costs Rs. 19K less, is a factor enough for many. Also, Bullet brand might prove a slight advantage over Classic brand owing to its massive appeal and recall.Royal Enfield Meteor 350 colours More

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      Bajaj Sales Aug 2023 2W, CVs – Pulsar, Avenger, Platina, CT, Dominar

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      Bajaj PulsarBajaj Auto two wheeler sales continue to decline in Aug 2023 – Down by 31%Bajaj Auto, one of India’s leading two-wheeler and commercial vehicle manufacturers, has released its sales performance report for August 2023. The company’s performance reflects a mixed bag of results across different segments, showcasing both triumphs and challenges in a dynamic market.Aug 2023 Bajaj Auto Two-Wheeler Sales: A Mixed PictureThe year-on-year comparison of two-wheeler sales for August 2023 reveals a significant decline in the domestic market, with a 31.23% drop compared to August 2022. Domestic sales in August 2023 stood at 1,60,820 units, down from 2,33,838 units the previous year. However, the export market fared better, with a 1.99% growth in sales. Bajaj Auto exported 1,24,211 units in August 2023 compared to 1,21,787 units in August 2022.Bajaj Auto Sales Aug 2023 – 2W vs CVsMonth-on-month, August 2023 showed a positive trend with a 13.26% increase in domestic sales compared to July 2023, when 1,41,990 units were sold. On the export front, there was a slight dip of 2.08% from July 2023 when 1,26,850 units were exported.Aug 2023 Bajaj Auto Commercial Vehicle Segment ShinesBajaj Auto’s commercial vehicles (CVs) segment, which includes three-wheelers and the Qute quadricycle, demonstrated remarkable growth. Year-on-year, the domestic CVs sales witnessed an impressive surge of 93.22%, with 44,280 units sold in August 2023 compared to 22,917 units in the same month of the previous year. Conversely, exports in this segment declined by 46.48%, with 12,337 units exported in August 2023, down from 23,053 units in August 2022.Bajaj Auto Sales Aug 2023Total Bajaj Auto Sales Aug 2023Combining the two-wheeler and commercial vehicle segments, Bajaj Auto’s total sales for August 2023 showed a year-on-year decline of 14.93%. In August 2023, a total of 3,41,648 units were sold, compared to 4,01,595 units in August 2022.Bajaj Auto Sales YTD FY 24Bajaj Auto Fiscal Year-to-Date PerformanceLooking at the fiscal year-to-date performance, Bajaj Auto’s two-wheeler sales witnessed an 18.68% growth in the domestic market but faced a 25.80% drop in exports compared to the same period last year. In the commercial vehicle segment, the company achieved an astounding 125.48% growth in domestic sales but saw a 29.02% decrease in exports. This robust domestic growth in CVs significantly contributed to the company’s overall performance.When combining both two-wheelers and commercial vehicles, Bajaj Auto reported a substantial 29.45% growth in domestic sales and a 26.13% decrease in exports during the fiscal year to date. Bajaj Auto’s two-wheeler range boasts an array of motorcycles, including Pulsar, Dominar, CT, Platina, and Avenger, as well as the Chetak electric scooter in the domestic market. In the export market, they offer a diverse lineup comprising Boxer, Pulsar, CT, Discover, Dominar, Platina, and Avenger motorcycles.Despite the challenges posed by various market factors, Bajaj Auto continues to be a dominant player in the Indian automotive industry. The company’s diversified product range and focus on domestic sales in the commercial vehicle segment appear to be key factors in its resilience and growth. Bajaj Auto remains committed to delivering quality vehicles to its customers, and industry watchers will be closely monitoring its performance as the fiscal year progresses. More

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      Royal Enfield Sales Aug 2023 – Classic, Meteor, Himalayan, 650 Twins

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      New Royal Enfield Meteor 350Royal Enfield has registered an 11% growth YoY in Aug 2023 – Thanks to their 350cc motorcycle rangeIn the dynamic world of motorcycle manufacturing, Royal Enfield continues to solidify its position as a leader in the mid-size motorcycle segment. With a diverse portfolio of motorcycles spanning both sub-350cc and above-350cc categories, the iconic brand has shown remarkable growth in its sales performance in August 2023.Royal Enfield Year-on-Year Analysis (August 2023 vs. August 2022)August 2023 proved to be a milestone month for Royal Enfield, with robust year-on-year growth. The brand reported a total of 77,583 units sold, reflecting a substantial increase of 10.66% compared to the same period in 2022 when they had sold 70,112 units.Royal Enfield Sales Aug 2023In the sub-350cc segment, Royal Enfield’s offerings, including the ever-popular Classic 350, Hunter 350, Meteor 350, and the newly launched 2023 Bullet 350, witnessed a combined sales figure of 69,023 units. This segment experienced impressive growth, with an increase of 10.91% compared to August 2022.On the other hand, the above-350cc segment, featuring motorcycles like the Himalayan 411, Scram 411, Super Meteor 650, Interceptor 650, and Continental GT 650, also contributed positively to the overall sales performance. In August 2023, Royal Enfield sold 8,560 units in this category, marking an 8.68% increase from the same month the previous year.Royal Enfield Sales Aug 2023These figures highlight the company’s strong foothold in the under-350cc market, with an 88.97% market share, as well as its growing presence in the above-350cc segment, where it holds an 11.03% share. Domestically, Royal Enfield witnessed a commendable 10.34% growth year-on-year, selling 69,393 motorcycles in August 2023 compared to 62,892 in August 2022. Exports also showed a remarkable uptick, with a 13.43% increase, totaling 8,190 units. The company’s strong performance domestically and internationally underscores its global appeal.Month-on-Month Analysis (August 2023 vs. July 2023)Analyzing the month-on-month performance, August 2023 continued to build on the momentum seen in July. While sales in the sub-350cc segment grew by 7.18%, reaching 69,023 units, the above-350cc segment experienced a minor dip of 1.82%, with sales totaling 8,560 units.On the domestic front, Royal Enfield sold 3,331 more motorcycles in August than in July, reflecting a 5.04% increase. In the export market, the company recorded an impressive 16.09% month-on-month growth, shipping out 1,135 more units in August.Fiscal Year-to-Date Sales vs. Previous Year (FY24 YTD vs. FY23)In terms of the fiscal year-to-date sales for the current financial year (FY24 YTD), Royal Enfield displayed robust growth compared to the same period in the previous year (FY23). In the sub-350cc category, sales reached 3,35,851 units, marking an outstanding 27.04% increase. In contrast, above-350cc models reported a 12.25% decrease, with 42,555 units sold.Domestically, Royal Enfield’s performance was exceptional, achieving a 28.29% YoY growth, selling a total of 3,42,626 motorcycles. However, in the export market, the brand encountered a decrease of 21.89%, shipping 10,029 units less than the previous year. The cumulative fiscal year-to-date sales reached an impressive 3,78,406 units, reflecting a substantial YoY growth of 20.95%. More

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      Honda 2W Sales Aug 2023 – Activa, Shine, Hornet, CB350, Unicorn

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      Honda ActivaActiva accounts for about 70% of the total domestic sales registered by Honda two wheelers in IndiaHonda Motorcycle & Scooter India (HMSI) has wrapped up the month of August 2023 on an incredibly positive note, further solidifying its position as a dominant force in the Indian two-wheeler market. With a strong focus on customer satisfaction, innovation, and a diverse product lineup, HMSI announced its sales numbers for August 2023, revealing a substantial year-on-year growth of 3%, totaling 4,77,590 units.Honda 2W Sales Aug 2023 Year-on-Year GrowthComparing this year’s August figures to the same month in 2022, HMSI has witnessed significant progress. In August 2022, the company sold 4,63,650 units, whereas in August 2023, they reported an impressive 4,77,590 units, marking an encouraging 3% growth. This remarkable year-on-year performance underscores the company’s ability to consistently meet and exceed customer expectations.Honda 2W sales Aug 2023 – Domestic vs ExportsThe domestic market remains the cornerstone of HMSI’s success, contributing a substantial 94.47% to the total sales for August 2023. Domestic sales alone reached an impressive 4,51,200 units, highlighting the brand’s strong foothold in the country.Exports and Global ReachHMSI’s global presence continues to expand, with exports accounting for 5.53% of the total sales in August 2023. Although exports witnessed a slight decline, with 26,390 units compared to 39,307 units in August 2022, HMSI remains committed to strengthening its international presence.Honda 2W sales Aug 2023Comparing August 2023 to July 2023, HMSI experienced a remarkable month-on-month growth of 41.17%. Domestic sales skyrocketed by 45.14%, with 1,40,333 additional units sold in just one month. Exports, while experiencing a slight dip of 3.84%, remain a significant contributor to the company’s overall performance.The Activa FactorA substantial portion of HMSI’s domestic sales can be attributed to the immensely popular Activa scooter, which accounts for approximately 70% of the company’s sales in India. Alongside the Activa, HMSI offers the Dio scooter, providing customers with a diverse range of options to suit their preferences.In August 2023, HMSI introduced several exciting additions to its product portfolio. The launch of the all-new SP160 continues the legacy of the SP brand, while the company also introduced OBD2-compliant versions of the 2023 Honda Livo, CD110 Dream Deluxe, and Hornet 2.0, showcasing their commitment to innovation and technological advancements.Honda Motorsports Updated Aug 2023In the competitive world of motorsports, the IDEMITSU Honda India Racing team demonstrated their mettle during Round 4 of the 2023 FIM Asia Road Racing Championship (ARRC) at the Mandalika International Street Circuit in Indonesia, securing 2 valuable points. More

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      Hero MotoCorp Sales Aug 2023 At 4.73 Lakh – Splendor Top Seller

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      New Hero SplendorWorld’s Largest Motorcycle Manufacturer Shows Resilience and Growth in Aug 2023Hero MotoCorp has reported an impressive sales performance for the month of August 2023. The company dispatched a total of 488,717 units, marking a significant increase from the 462,608 units sold during the same period in the previous year (August 2022).Hero MotoCorp Aug 2023 Sales Year-on-Year GrowthIn a year-on-year comparison, Hero MotoCorp showcased robust growth. Motorcycle sales in August 2023 reached 452,186 units, up by 4.96% compared to the 430,799 units sold in August 2022. Splendor continued to be their top seller. Almost 90% of Hero MotoCorp domestic sales are thanks to the Splendor and HF Deluxe range of motorcycles.Hero MotoCorp sales Aug 2023Scooter sales also saw an increase of 14.84%, with 36,531 units sold compared to 31,809 units in the previous year. Domestically, Hero MotoCorp sold a total of 472,947 units in August 2023, a 4.93% increase from 450,740 units in August 2022. Meanwhile, exports experienced a remarkable surge, with 15,770 units exported in August 2023, a substantial 32.88% growth compared to the 11,868 units shipped in the same month last year.Hero MotoCorp Sales Aug 2023 Month-on-Month PerformanceThe month-on-month performance for August 2023 compared to July 2023 also displayed remarkable growth. Motorcycle sales shot up by 25.40%, from 360,592 units in July to 452,186 units in August. Scooter sales also registered an 18.92% increase, with 36,531 units sold in August, up from 30,718 units in July.Hero MotoCorp sales Aug 2023Domestically, Hero MotoCorp outperformed the previous month by a significant margin, with a 27.41% increase in sales, totaling 472,947 units in August. Exports, however, experienced a slight dip, with 15,770 units exported in August, reflecting a 21.57% decrease from July.Fiscal Year Sales to DateLooking at the fiscal year sales to date, Hero MotoCorp’s performance remained strong despite certain challenges. Motorcycle sales in the current fiscal year (FY24 YTD) stand at 20,75,418 units, with a marginal decrease of 3.84% compared to the previous fiscal year (FY23), which recorded 21,58,381 units. Scooter sales, on the other hand, showed an impressive 12.27% growth, with 1,57,183 units sold in FY24 YTD, compared to 1,40,000 units in FY23.Domestic sales for FY24 YTD reached 21,61,401 units, slightly down by 2.18% compared to the same period in the previous fiscal year (22,09,590 units). Exports saw a decrease of 19.81%, with 71,200 units exported in FY24 YTD compared to 88,791 units in FY23.Positive OutlookDespite the challenges posed by the ongoing global economic situation and supply chain disruptions, Hero MotoCorp remains optimistic. There is a strong likelihood of an uptick in customer demand as the festive season approaches. Favorable monsoon conditions across most parts of the country, coupled with decent agricultural activity, are also expected to contribute positively to customer sentiments.Hero MotoCorp’s consistent growth and strong sales figures demonstrate its resilience in a dynamic market, solidifying its position as the world’s leading manufacturer of motorcycles and scooters. The company continues to innovate and expand its product portfolio to meet the evolving demands of its customers, ensuring a bright future for the brand. More

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      TVS Sales August 2023 Grows – iQube Posts Highest Ever Sales

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      New TVS iQubeTVS Motor Company has reported growth in sales YoY as well as MoM in Aug 2023In the ever-evolving landscape of the automotive industry, keeping track of sales figures is crucial for both manufacturers and consumers alike. TVS Motor Company, one of India’s leading two-wheeler and three-wheeler manufacturers, has released its sales report for August 2023. Let’s dive into the numbers and analyze the year-on-year and month-on-month performance of the company.Year-on-Year Performance (August 2023 vs. August 2022)TVS Motor sold 1,53,047 motorcycles in August 2023, experiencing a slight decrease of 2.59% compared to August 2022 when they sold 1,57,118 units. Top selling TVS motorcycles include Apache, Raider, etc. Scooter sales showed a robust growth of 16.93%, with 1,42,502 units sold in August 2023 compared to 1,21,866 units in August 2022. iQube electric scooter witnessed an astonishing growth rate of 440.67%, selling 23,887 units in August 2023, compared to a mere 4,418 units in August 2022. These are highest ever sales registered by iQube.TVS Motor sales Aug 2023 vs Aug 2022 – YoY analysisTVS XL100 moped sales remained almost stable, with a marginal increase of 0.02%. In August 2023, TVS Motor sold 36,561 mopeds, while in August 2022, they sold 36,555 units. TVS Motor’s domestic two-wheeler sales saw a growth of 7.23%, with 2,56,619 units sold in August 2023 compared to 2,39,325 units in August 2022. In contrast, the company’s two-wheeler exports saw a marginal decline of -0.95%, with 75,491 units exported in August 2023 compared to 76,214 units in August 2022.Domestic three-wheeler segment performed well, exhibiting a growth rate of 26.87%. In August 2023, TVS Motor sold 1,714 units, up from 1,351 units in August 2022. However, three-wheeler exports took a hit, declining by -28.84%, with 12,024 units exported in August 2023 compared to 16,897 units in August 2022.TVS Motor sales Aug 2023 vs Jul 2023 – MoM analysisMonth-on-Month Performance (August 2023 vs. July 2023)TVS Motorcycle sales showed a slight decrease of -0.58% compared to July 2023, with 1,53,047 units sold in August 2023. Scooter sales surged by 16.86% compared to July 2023, with 1,42,502 units sold in August 2023. iQube electric scooter continued its impressive growth trend, with a month-on-month increase of 79.52%, selling 23,887 units in August 2023. Moped sales witnessed a modest growth of 0.38%, with 36,561 units sold in August 2023 compared to 36,424 units in July 2023.Domestic two-wheeler sales grew by 9.09% compared to July 2023, with 2,56,619 units sold in August 2023. Export numbers dipped by -2.06%, with 75,491 units exported in August 2023 compared to 77,077 units in July 2023. The domestic three-wheeler segment saw an increase of 11.73% compared to July 2023, with 1,714 units sold in August 2023. Three-wheeler exports experienced a minor decline of -0.92%, with 12,024 units exported in August 2023.ConclusionTVS Motor’s sales performance in August 2023 shows mixed results. While the company saw remarkable growth in the electric scooter segment and domestic scooter sales, there were declines in motorcycle sales, two-wheeler exports, and three-wheeler exports.It’s important to note that the electric scooter segment’s outstanding performance signifies the growing demand for eco-friendly mobility solutions. This is a positive sign for TVS Motor as it aligns with the global shift towards electric vehicles. The company’s overall performance remains resilient, and TVS Motor continues to be a significant player in the Indian automotive industry. As market dynamics continue to evolve, it will be interesting to see how TVS Motor adapts and innovates to stay competitive in the coming months and years. More