TVS Motor

TVS Apache RTR 310TVS Motors has reported a 31 percent YoY improvement in November 2023 with both 2Ws and 3Ws showing off positive growthTVS Motor Company has recorded healthy growth in terms of sales in November 2023. Total sales stood at 3,64,231 units in the past month, a YoY growth of 31 percent when compared to 2,77,123 units sold in November 2022. It was however, a MoM growth degrowth when compared to 4,34,714 units in October 2023 which had marked the company’s highest ever monthly sales.TVS Two Wheeler Sales November 2023Taking into account two wheeler sales of the company, sales improved by 33.55 percent YoY to 3,52,103 units in November 2023, up from 2,63,642 units sold in November 2022. This was volume growth of 88,461 units. Two wheeler MoM sales however, fell by 16.29 percent from 4,20,610 units sold in October 2023.TVS Motor Sales Nov 2023In the two wheeler segment, it was motorcycles that were in higher demand with 1,72,836 units sold last month, up 19.19 percent from 1,45,006 units sold in November 2022. MoM motorcycles sales fell by 14.42 percent from 2,01,965 units sold in October 2023. Motorcycles command a 49.09 percent share in the company portfolio.Scooter sales on the other hand saw an even higher percentage YoY growth by 62.23 percent to 1,35,749 units in November 2023 from 83,679 units sold in November 2022. MoM sales dipped by 17.80 percent from 1,65,135 units sold in October 2023. Share currently stands at 38.55 percent.TVS Motor Sales Nov 2023Where TVS iQube is concerned, the only e-scooter in the company portfolio, sales improved by 66.89 percent YoY to 16,782 units last month. This was over 10,056 units sold in November 2022 while MoM sales dipped 16.73 percent from 20,153 units sold in October 2023. Moped sales also saw better YoY growth by 24.49 percent while MoM sales dipped 18.67 percent.Three Wheeler Domestic Sales and ExportsIn the three wheeler segment, TVS Motor has decline both in terms of YoY and MoM total sales even as performance in domestic markets were more positive. 3W Total (domestic + exports) sales stood at 12,128 units in November 2023, down 10.04 percent from 13,481 units sold in November 2022. It was also lower by 14.01 percent on a MoM basis when compared to 14,104 units sold in October 2023.However, the company performed better in domestic markets with a59.73 percent YoY growth to 2,011 units from 1,259 units sold in November 2023. MoM sales were higher by 11.41 percent from 1,805 units sold in October 2023. Exports fell by 17.22 percent YoY and 17.74 percent MoM to 10,117 units. There had been 12,222 units and 12,299 units shipped in November 2022 and October 2023 respectively.This took total (2W+3W) (Domestic + Exports) to 3,64,231 units in November 2023, up 31.43 percent from 2,77,123 units sold in November 2022 while relating to an 81,108 unit volume growth. YoY domestic 2+3 wheeler sales were up 49.76 percent to 2,89,028 units from 1,92,989 units sold in November 2022 while total exports dipped 10.62 percent to 75,203 units from 84,134 units shipped in November 2022. On a MoM basis both domestic and exports dipped 16.65 percent and 14.50 percent respectively. More

New TVS X electric scooterThe company’s motorcycle and scooter segments did well last month with particular emphasis on the iQube, sales of which grew 148 percent YoYTVS Motor Company reported their highest-ever monthly sales in October 2023. The company saw both its motorcycle and scooter segments show off positive results while growth was seen both in domestic and global markets. Total TVS sales (domestic + exports) stood at 4,19,292 units in the past month, up from 3,43,614 units sold in October 2022. This related to a volume growth of 75,615 units. It was also a MoM growth from a total of 3,85,443 units sold in September 2023 (domestic – 3,00,493 units + exports – 84,950 units).TVS Jupiter leads the domestic sales list with 26.62% market shareTotal domestic sales in October 2023 stood at 3,44,957 units which was a 25.01 percent YoY growth over 2,75,934 units sold in October 2022. This led to a 69,023 unit volume growth. It was Jupiter that topped sales charts with 91,824 units sold in October 2023, up 19.19 percent from 77,042 units sold in October 2022.Jupiter currently commands a 26.62 percent share in the company lineup. It was in October 2023 that the company introduced the new Jupiter 125 SmartXonnect. Following this introduction, TVS Jupiter 125 is now offered in 3 variants of Drum Alloy, Disc and SmartXonnect variants, priced between Rs 86,405 and Rs 96,855 (ex-showroom).It was the TVS XL that was at No. 2 with 53,162 units sold last month. This was a 19.10 percent YoY growth from 44,638 units sold in October 2022. TVS Raider sales improved by 96.59 percent YoY to 47,483 units last month from 24,153 units sold in October 2022. However, it was the Apache that reported lower sales down by 4.39 percent YoY to 39,187 units. There had been 40,988 units sold in October 2022.TVS Sales Breakup October 2023 – DomesticiQube electric scooter showed highest sales growth of 148.32%While TVS Ntorq (34,476 units) and Sport (24,864 units) saw sales growth at 11.04 percent and 37.17 percent YoY, it was outstanding sales seen in the case of the iQube e-scooter that has seen sales increase 148.32 percent YoY. iQube sales which had stood at 8,103 units in October 2022 improved to 20,121 units in the past month. A new electric scooter has been spied on test in Bengaluru with a design that is strikingly akin to the iQube while it also follows some Ather designs.TVS has also seen sales growth for both the Radeon (16,977 units) and Zest (7,410 units), however sales dipped for the Star City by 22.76 percent down to 5,784 units in October 2023, down from 7,488 units sold in October 2022. There were also 2,620 units of Ronin and 1,049 units of the TVS 310 sold last month, with the latter recording a 186.61 percent YoY growth from 366 units sold in October 2022.TVS Exports October 2023With a strong global reach and performance in export markets, TVS exports improved by 9.84 percent in October 2023 to 74,337 units, up from 67,680 units sold in October 2022. In international markets, it was TVS Star City 125 that saw most sales at 47,550 units up 115.82 percent from 22,032 units sold in October 2022 to command a 63.97 percent share on this list.TVS Sales Breakup October 2023 – ExportsAt No. 2 was the Apache with 8,394 units sold last month, up 9.27 percent from 7,682 units sold in October 2022 while Jupiter exports also improved by 115.94 percent to 5,718 units last month from 2,648 units sold in the same month last year. TVS Ntorq also saw higher exports by 51.67 percent YoY to 5,554 units in October 2023 from 3,662 units sold in October 2022.Raider had 4,253 units shipped last month, up by 4.24 percent over 4,080 units exported in October 2022. Sales de-growth was seen in the case of TVS Sport, exports of which fell by 58.18 percent to 1,878 units in October 2023. There had been 4,491 units shipped in October 2022. Even as there were 628 units of the Ronin and 348 units of TVS XL exported last month, exports of the RR310 dipped by 90.41 percent to just 14 units, down from 146 units shipped in October 2022. More

TVS Europe Operations CommenceJanuary 2024 will mark the commencing of TVS Europe operations, partnering with leading automotive distributor and service provider, Emil FreyIndigenous Indian 2W and 3W manufacturer, TVS Motor, is extending its operations to Europe for the first time. As of now, TVS has a massive presence on its home turf, along with other ASEAN nations, African and Latin American nations among 80+ countries worldwide. For the first time, TVS is stepping in European market and has finalised its distribution partner.TVS Europe Operations Commence SoonFor its European sales and distribution, TVS has zeroed in on Emil Frey, a leading automotive distribution network that has around 100 years of experience. TVS and Emil Frey have signed an agreement for import and distribution of TVS branded ICE vehicles and EVs across multiple European nations, starting January 2024.This aligns TVS’ interests in extending its global footprint in the old continent. In that regard, TVS has been developing quite a few premium vehicles with export intentions. Primary examples of this are newly launched TVS X premium electric scooter, Apache RTR 310 along with existing premium vehicles like Apache RR 310.Not just the premium motorcycles, TVS is offering quite a few premium commuters as well in both motorcycle and scooter design. TVS’ European lineup includes TVS Jupiter 125, TVS NTORQ, TVS Raider, TVS iQube S, TVS X, TVS Ronin, TVS Apache RR 310, and TVS Apache RTR 310. Commercial 3W ICE vehicles and EVs may follow in the future.TVS Apache RTR 310Emil Frey will provide its vast understanding of local markets and buying trends, service satisfaction and other market insights along with access to its extensive dealer and service networks across multiple European nations. In collaboration, TVS and Emil Frey will penetrate European nations with strong demand for 2W vehicles. France will be the first European country to witness TVS products.Words from the manufacturer and distributorAnnouncing the foray into Europe, Sudarshan Venu, Managing Director, TVS Motor Company said, “This strategic alliance with Emil Frey is a crucial step in our global expansion strategy. Europe will be a key market for us, and through this partnership, we aim to bring our cutting-edge products closer to European customers.In having a partner like Emil Frey, there is a coming together of two century old, pedigreed organisations, both driven by shared values of responsible and sustainable mobility and customer service. Together, we are excited to serve customers and two-wheeler aficionados in Europe and look forward to a successful partnership.”Lorenz Frey-Hilti, Director Emil Frey Group & Sudarshan Venu, Managing Director, TVS Motor CompanyLorenz Frey-Hilti, Director Emil Frey Group said, “We take great pride in forging a robust and loyal partnership between our two esteemed traditional companies in the mobility sector. Together, we seamlessly blend heritage with innovation. I am very proud that TVS Motor Company is relying on our expertise in the European market and using our distribution network to bring their great products to customers. Our two companies complement each other perfectly and I look forward to seeing this partnership flourish.” More

New TVS RaiderTVS iQube electric scooter sales stood at a total of 20,153 units in October 2023, an YoY growth of 148.71% over 8,103 units sold in October 2022TVS Motor Company, one of India’s leading two-wheeler and three-wheeler manufacturers, recorded its highest ever monthly sales last month. Total sales (2+3W) (domestic + exports) stood at 4,34,714 units in October 2023 a 20.66 percent YoY growth, as against sales of 3,60,288 units in October last year. It was also a MoM growth of 7.99 percent over 4,02,553 units sold in September 2023.TVS Motor’s 2W Sales October 2023In the two wheeler segment, motorcycle sales far exceeded that of scooters while it was the e-scooter TVS iQube that saw an impressive increase in demand. Motorcycle sales stood at 2,01,965 units in the past month, a 22.72 percent growth over 1,64,568 units sold in October 2022 to command a 48.02 percent share in the company lineup. MoM sales also improved by 8.33 percent over 1,86,438 units sold in September 2023.TVS Sales Oct 2023 vs Oct 2022 – YoY comparisonImproved scooter sales were also seen last month with 1,65,135 units sold in October 2023, up 22.15 percent over 1,35,190 units sold in October 2022. It was also a MoM growth of 6.18 percent when compared to 1,55,526 units sold in September 2023.Sales of the TVS iQube increased 148.71 percent YoY to 20,152 units from 8,103 units sold in October 2022. It was however, a marginal MoM decline of 1 percent as against 20,356 units sold in September 2023. TVS also sells the XL100 in the moped segment and sales improved 19.25 percent YoY and 18.93 percent MoM to 53,510 units in October 2023.TVS Sales Oct 2023 vs Sep 2023 – MoM comparisonThis took total 2W domestic sales up 25.01 percent YoY to 3,44,957 units from 2,75,934 units sold in October 2022 while on a MoM basis, domestic sales grew by 14.80 percent from 3,00,493 units sold in September 2023.Two wheeler exports also improved 10.13 percent YoY but fell by 12.50 percent MoM to 75,653 units. There had been 68,696 units and 86,462 units shipped in October 2022 and September 2023 respectively. Total two wheeler (domestic + exports) sales stood at 4,20,610 units in October 2023 up 22.05 percent over 3,44,630 units sold in October 2022 while MoM sales grew by 8.70 percent from 3,86,955 units sold in September 2023.TVS Motor Three Wheeler Sales October 2023In the three wheeler segment, sales grew in domestic markets but exports fell. There were 1,805 units sold in domestic markets, a 17.36 percent growth over 1,538 units sold in October 2022. MoM sales also improved by 2.21 percent over 1,766 units sold in September 2023. 3W exports on the other hand fell 12.90 percent YoY and 11.08 percent MoM to 12,299 units. There had been 14,120 units and 13,832 units exported in October 2022 and September 2023 respectively. This took total exports down 9.92 percent YoY and 9.58 percent MoM to 14,104 units.Total domestic (2+3W) saw an impressive 24.97 percent YoY growth to 3,46,762 units while total exports (2+3W) grew 6.20 percent YoY to 87,952 units in October 2023. Exports fell by 12.31 percent MoM over 1,00,294 units shipped in September 2023. More

TVS Ronin TD Special EditionWith a new triple-tone colour scheme on TVS Ronin TD Special Edition, this stylish motorcycle dives into the festivitiesBorn to bridge the gap between roadster, cruiser and scrambler motorcycle segments, TVS Ronin is one of the more interesting vehicles in quarter-liter class. The primary rival for Ronin is Royal Enfield Hunter 350. For the festive season, TVS Ronin wears a new Special Edition avatar, sold with top-spec TD trim only and costs Rs. 1.73 lakh (ex-sh).TVS Ronin TD Special EditionTVS Ronin is powered by a 225.9cc engine that generates 20.4 PS of max power at 7,750 rpm and 19.93 Nm of peak torque at 3,750 rpm. It is mated to a 5-speed gearbox and a slip-and-assist clutch. The bike has USD forks at front and a mono-shock unit at rear with a 7-step adjustable preload.While SS and DS variants have single-channel ABS, Ronin TD has dual-channel ABS. Special Edition is only on offer with top-spec TD trim. The main highlight of TVS Ronin TD Special Edition is its new triple-tone colour scheme called Nimbus Grey. Along with that, TVS is bundling a few add-ons that were part of Ronin’s extensive range of accessories.Starting with Nimbus Grey triple-tone colour scheme, it does stand out from other standard shades. The primary base coat is close to Nardo Grey, complemented by larger White stripes and smaller Red stripes. Combined, these colours form a triple-tone effect.MS Dhoni taking delivery of his new motorcycle – TVS RoninNot just that, Special Edition brings TVS Ronin branding on wheels, a blacked-out headlight bezel, and a completely blacked-out engine bay and componentry in lower half of this motorcycle. Accessories like a USB phone charger, a decently tall windscreen and an FI cover are standard with TVS Ronin TD Special Edition.TVS Ronin accessoriesTVS Ronin has a retro profile with features such as a round headlamp, tear-drop-shaped fuel tank and wide rear mudguard. For personalization and improved functionality, TVS has introduced a wide range of official accessories for Ronin. These are broadly classified as Style, Convenience and Touring accessories.For improved styling, users can choose accessories such as engine cover, bar end weights, EFI cover, tank grip and front brake reservoir lid. Some accessories such as the front brake reservoir lid are available in Silver as well as Black colour options. Tank grip is functionally relevant, as it allows improved control of the bike.TVS Ronin loaded with accessoriesFor improved functionality, users can choose accessories such as a visor, tank bag, USB charger and adjustable lever kit. Touring accessories include saddle bag stays, rear racks, saddle bags and tail bags. A number of accessories kits are also available such as rear rack kit, style kit, urban kit and tour kit. The kits can work out cheaper, as compared to buying individual items separately.TVS Ronin featuresTVS Ronin has an all-LED setup with a fully digital instrument console. Top-spec TD variant has been equipped with TVS SmartXonnect connectivity platform. It has features such as voice assist, turn-by-turn navigation, estimated time of arrival (ETA), incoming call alert/receive, custom window notification and ride analytics.In terms of convenience, TVS Ronin is equipped with an integrated starter generator (ISG), distance to empty (DTE), gear shift assist, side stand indicator with engine cut-off function, hazard lamp, two trip meters and service due indication. Other key features include an asymmetrical speedometer, signature T-shaped pilot lamp, block tread tyres, Rain and Urban ABS modes and glide-through technology (GTT).TVS Ronin colour options are based on the variant. SS, DS and TD have monotone, dual-tone, and triple-tone colour themes, respectively. Colour options are Lightning Black and Magma Red for SS; Stargaze Black and Delta Blue for DS; and Galactic Grey and Dawn Orange for TD variant. More