TVS Motor

TVS Ronin SCR Patented In IndiaThe same 220cc engine will be retained with TVS Ronin SCR with design changes transforming it into an off-road-oriented machineMid-2022, we saw TVS venturing into uncharted territories. We’re talking about Ronin and how the company pegged it to be the Jack of all trades. A motorcycle with a mix of Scrambler, Cruiser and a Street bike in one. Now, there is a new SCR version of the bike in the making and the company has trademarked design as well.TVS Ronin SCR PatentedWhere sales are concerned, Ronin is not a high-performing vehicle. TVS intends to change that by carving out an off-road version. When launched, it will take on the likes of upcoming Hero Xpulse 210 and Honda CB350X. Keen eyes would have spotted that this very motorcycle patented has already been showcased before.At TVS MotoSoul 2023 event, TVS collaborated with renowned custom motorcycle builders to showcase Musashi by Smoked Garage, Agonda by JVB Moto and Wakizashi by Rajputana Customs. However, we’re interested more in the 4th custom bike, TVS Ronin SCR, showcased by TVS Design Team.TVS Ronin Special EditionThere couldn’t be a better venue than TVS MotoSoul to showcase these special motorcycles. But of these four, only the Ronin SCR designed by TVS Design Team has been patented by the company. The demand for ADVs and Scramblers is increasing and TVS currently lacks one altogether.TVS Ronin SCRInstead of just making the motorcycle taller and launching a pseudo Scrambler, TVS seems to be cooking a real off-roader. Fuel tank and engine are the same as Ronin’s. Other than that, there is a major shift in the componentry. For starters, Ronin’s main identity, its headlight and ‘T’ LED signature, has been replaced with a much more stylish Colosseum Laser Tech LED.We don’t know if this laser-incorporated headlight displayed at TVS Motosoul will make it to production. Side body panels are custom and so is the seat. Speaking of, this is a custom leather-clad single-seater unit. Production-spec model might have space for a pillion.A large luggage rack is visible, hinting at its rugged and practical appeal. We can imagine upright and comfortable ergonomics and decent long-distance ability. TVS had showcased twin exhausts with an up-swept approach. Rear tail tidy is appealing and fully displays the rear tyre.TVS Ronin SCRThe USD forks are finished in Gold shade and the beak is large and imposing. TVS is offering wire-spoke rims shod with semi-knobby tyres, as opposed to alloy wheels with road-worthy tyres on Ronin. Wheel size looks like it is 19-inch front and 17-inch rear. We can see massive ground clearance too.Specs & FeaturesStandard Ronin comes equipped with a 220cc single-cylinder engine developing 19 PS of power and 17.55 Nm of torque. With a 1490mm wheelbase, Ronin offers good straight-line stability and cross-wind protection. This engine is suspended on USD forks at front and dual shock absorbers at the rear.[embedded content]Features include a TFT screen with Bluetooth connectivity, turn-by-turn navigation, call alerts, SMS notifications and more. When launched, we can expect a price tag of around Rs. 1.8 lakh (ex-sh). More

TVS Apache RR 310 Miami BlueThe company showed a potent growth in exports, where 2W vehicles are concerned and expanding its global presence with new launchesIndia’s leading 2W and 3W manufacturer, TVS Motor, have been actively pushing its limits and expanding its lineup in India and abroad. The sales for the company have been rising and the same reflected in February 2024 sales charts as well. For TVS Motor, total sales (2W+3W) stood at 3,68,424 units.TVS Sales February 2024For the month of February 2024, TVS’ sales figures fell completely into the green. At least with the YoY analysis. There were quite a few segments where TVS faced a slight setback in MoM analysis. Motorcycles remained TVS’ highest selling genre with around 1,84,023 examples sold last month.Motorcycles saw 45.77% YoY growth as opposed to 1,26,243 units sold in February 2023 and when compared to 1,55,611 units sold in January 2024, there was an 18.26% MoM growth. For TVS, motorcycles accounted for 51.43% sales, up from 47.16% in January 2024. Volume growth for motorcycles stood at 57,780 units YoY and 28,412 units MoM.Next in line is Scooters with 1,32,152 units. TVS has upped the scooter game YoY with a 26.07% growth as opposed to 1,04,825 units a year ago. However, there was a negligible 0.10% MoM dip as the company sold 1,32,290 scooters a month before. Scooters accounted for 36.93% of TVS’ total sales. Volume gain stood at 27,327 units YoY.TVS Sales February 2024 – YoYThe company’s electric scooter lineup saw 17,959 units which registered 15.7% YoY growth and 10.34% MoM growth when compared to 15,522 units a year ago and 16,276 units a month before. Electric scooter business accounted for a 5.02% share, but there was a 2,437 units YoY and 1,683 units MoM volume gain.TVS is still the stalwart in mopeds and has aced this genre. With 41,635 mopeds sold, there was a 15.79% YoY growth and a 0.95% MoM decline. Volume gain YoY stood at 5,677 units YoY and volume loss MoM was 401 units. Mopeds account for 11.64% of TVS’ total sales. In domestic markets, TVS sold a total of 2,67,502 2W vehicles with 20.82% YoY growth and a 0.27% MoM decline.Where TVS’ exports are concerned, the company shipped 90,308 units with almost double the numbers YoY at 97.94% growth and 46.36% MoM growth. Volume gained in exports was 44,684 units YoY and 28,604 units MoM. Domestic sales accounted for 74.76% and exports 25.24% of TVS’ total 2W sales. Speaking of, TVS sold 3,57,810 2W vehicles last month with 34% YoY and 8.45% MoM growth.TVS exports saw a major boostTVS sold a total of 10,614 3W vehicles. Out of which, 2,066 units were sold in the domestic market and 8,548 units were shipped abroad with 19.46% and 80.54% shares respectively. There was a positive 16.33% YoY growth and a 10.84% MoM growth in 3W segment.The company’s total domestic sales (2W+3W) was 2,69,568 units which witnessed a healthy 21.02% YoY growth, but a negligible 0.22% MoM decline. Total exports stood at 98,856 units, which is 85.11% YoY growth and 42.56% MoM growth. In total, TVS pushed out 3,68,424 vehicles out of the manufacturing facilities and witnessed 33.41% YoY growth and 8.52% MoM growth. Total volume gain was 92,274 units YoY and 28,911 units MoM. More

TVS HLX 150 F launchedThe new TVS HLX 150 F gets added safety features along with niceties and exciting new design with a dash of new coloursIndian 2W and 3W manufacturer, TVS Motor, has been busy lately, celebrating a major milestone owing to a global phenomenon, which is HLX motorcycle range. TVS HLX range saw 3.5 million takers globally and gave a major milestone to the company where international business is concerned.TVS HLX Range Saw 3.5 Million Takers WorldwideHLX is a global commuter motorcycle lineup launched a decade ago and sold in markets across Africa, Latin America and Asia. More precisely, TVS currently sells HLX range of commuter motorcycles in as many as 50 different countries, expanding its global presence.The Indian 2W and 3W manufacturing stalwart has been active in as many as 80 different countries worldwide. Speaking of demographics, TVS sells in demographics like Europe, Asia, Africa and Latin America. The company is renowned for its quality, innovation, manufacturing and engineering prowess.Close to 25% of company’s total sales are from international business (exports), which speaks of TVS’ global presence, volumes and R&D capability. TVS has an active partnership with iconic German motorcycle manufacturer, BMW Motorrad, for the production of a range of 310cc motorcycles.TVS HLX 150 F launchedNew HLX 150F LaunchedTo commemorate 3.5 million HLX customers, TVS has launched a new motorcycle in HLX lineup too. The company is expressing gratitude by launching HLX 150F with an EcoThrust engine. Globally, the HLX lineup primarily consists of HLX 125, HLX Plus, HLX Gold 125, HLX 150, HLX 150 X and HLX Gold 150.HLX 150 F is a great addition to HLX lineup and incorporates an efficient 147.49cc engine developing 12 bhp of peak power and 12.3 Nm of peak torque, mated to a 5-speed gearbox, manual kick starter and an electric self-starter. Additionally, HLX 150 F boasts added safety features, superior suspension, exciting colours and new graphics. Highlight features of the newly launched HLX 150 F are trapezoidal LED headlights, a better pillion grab handle, a rear luggage rack or load carrier, tubeless tyres with alloy wheels, front disc brakes and a semi-digital instrument cluster.TVS Management SpeakRahul Nayak, Vice President, International Business, TVS Motor Company, said, “TVS HLX has become an article of faith, an everyday companion of 3.5 million customers. We launched it in 2013 and within six years, it had a million customers. In the next four years, including the tough period of the pandemic, it more than doubled its customer base.We couldn’t have been happier. We express our deepest gratitude to our customers, our business partners, employees and all the stakeholders for their confidence in TVSM’s engineering, its quality and service standards. We’re celebrating the milestone by launching the TVS HLX 150F – a product that has been shaped by some very specific insights provided by our customers.” More

Image – The Bikers DiaryTVS Motor has registered double digit growth across its two wheeler segment, both in terms of domestic sales and exports in January 2024TVS Motor Company entered the New Year with strong performance seen across its two wheeler segment. The company has posted positive sales both in domestic and global markets and increased sales both across its motorcycle and scooter lineups. The company has also gained traction for its electric two wheeler iQube, which witnessed a 33 percent YoY growth in January 2024.TVS Motor Domestic Sales January 2024Total two wheelers sold by TVS Motor both in domestic and global markets in January 2024 has registered a growth of 21.37 percent YoY. Sales increased from 2,58,691 units sold in January 2023 to 3,29,005 units sold in January 2024. TVS Motor sales in January 2024 stood at 2,68,143 units, up 26.20 percent YoY over 2,12,471 units sold in January 2023. This was a volume growth of 55,672 units.TVS Sales Jan 2024It was the Jupiter scooter that commanded the most attention in domestic markets with 74,225 units sold last month. This was a 36.23 percent YoY growth over 54,484 units sold in January 2023. The Jupiter was also the 2nd best-selling scooter in the country, scaling over Suzuki Access and Ola S1 by a significant margin. This list also included the Ntorq at No. 5 on the same list.TVS Raider has also seen increased demand with 43,331 units sold last month, an 86.51 percent YoY growth over 23,233 units sold in January 2023. It was followed by the XL with 42,036 units sold last month, a 14.47 percent improvement from 36,723 units sold in January 2023. TVS Apache sales stood at 31,222 units last month. It was also at No. 7 on the top 10 motorcycle list, overtaking sales of the Hero Passion and RE Classic by a few units.TVS Sales Jan 2024 vs Jan 2023 – YoY ComparisonTVS Ntorq sales grew 11.76 percent YoY to 27,227 units while the company’s sole electric scooter iQube has seen a 27.88 percent increase in sales to 15,562 units in January 2023. TVS iQube also featured at No. 2 on the list of electric two wheeler sales last month. There were 11,916 units of the Radeon sold last month relating to a 32.93 percent YoY growth while sales of Sport dipped 4.70 percent YoY to 10,229 units. While TVS Zest has posted a 58.89 percent YoY growth to 7,560 units in January 2024, sales of the Star City dipped by 34.78 percent to 2,089 units. The list also included the relatively new Ronin with 2,049 units sold along with 697 units of the R 310.TVS Exports Jan 2024 vs Jan 2023 – YoY ComparisonTVS Exports January 2024Exports of TVS Motor grew by 31.68 percent to 60,862 units in January 2024, up from 46,220 units sold in January 2023. This was a volume growth of 14,642 units. Globally, it was the Star City 125 that commanded the most attention with 32,743 units sold last month, up 99.66 percent over 16,399 units sold in January 2023. It currently holds a 53.80 percent share on the company’s export list.Exports improved for the Apache by 184.61 percent, the highest percentage growth as compared to any other model on this list. There had been 9,725 units shipped last month, up from 3,417 units exported in January 2023. TVS Sport (6,717 units) and Jupiter scooter (4,830 units) also posted 105.04 percent and 43.88 percent YoY growth respectively.Raider exports grew by 49.93 percent to 4,285 units. There was a de-growth of 18.65 percent for Ntorq exports to 2,172 units last month. TVS Ronin (328 units) and R 310 (62 units) featured lower down on the export list. More

Image – MRD VlogsDomestic two wheeler sales grew by 24% to 268,233 units while three-wheeler sales stood at 1,937 unitsTVS Motor Company, a leading 2 and 3 wheeler manufacturer showed off some positive sales performance in January 2024, particularly across the two wheeler segment. The company reported an overall (2+3 wheeler) (domestic + exports) growth of 23.41 percent to 3,39,513 units in January 2024. This was a YoY growth over 2,75,115 units sold in January 2023 while MoM sales improved by 12.46 percent as against 3,01,898 units sold in December 2023.TVS Motor YoY Sales January 2024In the two wheeler segment, motorcycle sales improved by 28.56 percent YoY to 1,55,611 units in January 2024, up from 1,21,042 units sold in January 2023. This was a volume growth of 34,569 units with motorcycles commanding a 47.16 percent share. TVS Apache and Raider are two motorcycles that continue to garner buyer’s attention and are regular features on the top 10 motorcycle sales list.TVS Motor Sales Jan 2024 vs Jan 2023Scooter sales also saw a growth of 24.17 percent YoY to 1,32,290 units in January 2024, up from 1,06,537 units sold in January 2023 relating to a volume growth of 25,753 units. Scooter sales command a 40.10 percent share and it’s the TVS Jupiter and Ntorq that are popular products in this segment.TVS also has the iQube e-scooter that has seen a 33.75 percent YoY growth to 16,276 units last month. It was a significant growth over 12,169 units sold in January 2023 with a 4,103 unit volume growth. Moped sales also improved YoY by 13.21 percent to 42,035 units. This took total 2W sales to 2,68,233 units in January 2024 up 23.91 percent over 2,16,471 units sold in January 2023.TVS Motor Sales Jan 2024 vs Jan 2023 – YoY performanceExports have also posted a YoY growth by 27.91 percent to 61,704 units in January 2024 from 48,239 units sold in January 2023 taking total 2W sales up 24.64 percent to 3,29,937 units from 2,64,710 units sold in January 2023. Where 3W sales were concerned, the company has seen increased demand in domestic markets by 19.57 percent to 1,937 units up from 1,620 units sold in January 2023. However, 3W exports dipped by 13.04 percent YoY to 7,639 units in January 2024 as against 8,785 units sold in January 2023. Thus total 3W sales were in the red by 7.97 percent to 9,576 units in January 2024 from 10,405 units sold in January 2023.TVS total (2+3W) domestic sales grew by 23.88 percent to 2,70,170 units in the past month from 2,18,091 units sold in January 2023 while exports saw a 21.60 percent YoY growth to 69,343 units. This took total sales to 3,39,513 units relating to a 23.41 percent YoY growth.TVS Motor MoM Sales January 2024On a MoM basis, total sales (2+3W) (domestic + exports) grew by 12.46 percent from 3,01,898 units sold in December 2023. This was a volume growth of 37,615 units. Growth was seen both in terms of motorcycle and scooter sales. Motorcycle sales improved by 5.11 percent MoM to 1,55,611 units from 1,48,049 units sold in December 2023 while scooter sales were up 28.23 percent from 1,03,167 units sold in December 2023. Motorcycles and scooters commanded a 51.04 percent and 35.57 percent share respectively.TVS Motor Sales Jan 2024 vs Dec 2023 – MoM performanceE-scooter and moped sales also improved by 4-scooter and moped sales also improved by 44.91 percent and 8.21 percent MoM over 11,232 units and 38,848 units sold in December 2023 thus taking total W2 sales up 24.77 percent to 2,68,233 units in January 2024 from 2,14,988 units sold in December 2023. Exports of two wheelers however fell by 17.81 percent from 75,076 units shipped in December 2023In the 3W segment, domestic sales improved by 27.52 percent to 1,937 units last month from 1,519 units sold in December 2023. However, 3W exports dipped significantly by 25.94 percent over 10,315 units shipped in December 2023. This took total 3W exports down by 19.08 percent to 9,576 units in the past month from 11,834 units sold in December 2023. Total domestic (2+3W) sales saw a 24.79 percent improvement on a MoM basis while exports (2+3W) dipped 18.79 percent MoM. More

MS Dhoni taking delivery of his new motorcycle – TVS RoninTVS Motor reported a YoY growth in domestic sales and exports in December 2023 with most models showing off positive growthTVS Motor Company, a leading two and three wheeler manufacturer in India, has reported increased sales in December 2023. Total sales (domestic + exports) stood at 2,89,253 units in the past month up from 2,26,390 units sold in December 2022. It was however a MoM decline as the company had sold a total of 3,15,365 units (2,87,017 domestic sales and 64,348 exports) in November 2023.TVS Domestic Sales December 2023Domestic sales in December 2023, grew by 33.32 percent YoY to 2,14,988 units up from 1,61,369 units sold in December 2022. This was a volume growth of 53,619 units. TVS Jupiter and Raider topped the domestic sales list with a 46 percent combined share. Jupiter sales stood at 59,538 units in December 2023, up 49.41 percent when compared to 39,849 units sold in December 2022. The Jupiter along holds a 27.69 percent share in the company’s domestic portfolio and was the 2nd bestselling scooter in the country during the past month.TVS sales breakup Dec 2023Raider sales also saw outstanding demand in December 2023 with 39,443 units sold, up 51.34 percent YoY over 26,063 units sold in December 2022. TVS XL moped also saw its sales go up by 47.49 percent YoY from 25,961 units sold in December 2022 to 38,290 units last month. This was a volume growth of 12,329 units with a 17.81 percent share.TVS Apache at No. 4 saw its sales dip 3.04 percent YoY to 21,506 units, down from 22,181 units sold in December 2022. In December 2023, the company launched the new TVS Apache RTR 160 4V. It will rival the likes of Honda CB Hornet 2.0 and Hero Xtreme 160R in its segment. Lower down the order was the Ntorq with a 16.43 percent YoY growth. The company sold 18,851 units of the Ntorq last month, up from 16,191 units sold in December 2022. It was followed by the iQube with a marginal YoY growth of 1.45 percent to 11,232 units. Both the Ntorq and iQube also found mention on the best-selling scooter list last month.TVS exports breakup Dec 2023TVS also had the Sport (9,128 units), Radeon (7,128 units), Zest (5,275 units), Star City (2,792 units) and Ronin (1,332 units) on this list with each posting YoY growth. However, it was the TVS 310 that has seen the most percentage growth of 121.03 percent YoY to 473 units in December 2023 from 214 units sold in December 2022.TVS Exports Led by Star City 125 in December 2023TVS exports were up 14.26 percent YoY in December 2023 to 74,296 units, up from 65,021 units shipped in December 2022. It was the Star City 125 that saw the highest exports last month. There were 47,041 units exported in December 2023, up 107.78 percent from 22,640 units shipped in December 2022. The Star City 125 currently commands a 63.32 percent share on this list.TVS Apache at No. 2 had 8,024 units exported last month, up 80.97 percent over 4,434 units exported in December 2022. Jupiter sales also went up by 103.59 percent to 5,381 units in December 2023 from 2,643 units shipped in the same month last year while Raider exports grew by 112.61 percent to 5,311 units.Exports dipped for the TVS Sport by 11.56 percent YoY to 4,821 units in December 2023, down from 5,451 units shipped in December 2022 and was the only model on the list to post a YoY de-growth. The export list also included Ntorq (2,834 units, XL (558 units), Ronin (174 units), RR310 (96 units) and iQube (56 units). More

TVS Apache RangeThe TVS sales December 2023 charts show a clear increase in popularity for the brand’s 2W products abroad with growing total exportsIndia’s leading 2W and 3W vehicle manufacturer, TVS Motor, demonstrated impressive sales performance for the month December 2023. The company closed CY 2023 with registering 25% YoY growth in Q3 numbers. Total sales grew by 33.14% YoY in domestic markets with 7.54% growth in exports YoY.TVS Sales December 2023When compared to the sales performance in the extended festive month of November 2023, TVS saw a total decline of 17.11% MoM. Motorcycles remained TVS’ best-selling category with 1,48,049 units sold last month accounting for 51.04% of total sales. When compared to 1,24,705 units sold in December 2022, sales grew by 18.72% YoY, gaining 23,344 units in volume.However, when compared to 1,72,836 units sold in November 2023, motorcycles saw a 14.34% YoY decline, losing 24,787 units in volume. The company sold 1,03,167 scooters last month with 18.72% YoY growth and 24% MoM decline and accounted for 35.57% of total sales. Volume gain YoY was 26,401 units and volume loss MoM was 32,582 units.TVS sold 38,848 mopeds in December 2023, whose sales accounted for 13.39% of the company’s total sales. Mopeds saw 48.30% YoY growth and a 10.73% MoM decline. The company sold 11,232 iQubes and TVS X with 1.45% YoY growth and a 33.07% MoM decline. iQube and X had sold 16,782 units a month before and hence there was a 5,550 units volume deficit MoM.TVS Sales December 2023 – YoYTotal 2W domestic sales for the brand was 2,14,988 units which is an impressive 33.23% YoY increase, but numbers took at a rate of 25.10% MoM decline. Domestic 2W business accounted for 74.12% of TVS’ total 2W sales. Where 2W exports are concerned, the company shipped 75,076 units with 13.24% YoY growth and 15.35% MoM growth accounting for 25.88% of total 2W sales.3W and total salesCombining 2W domestic and international business, TVS registered 2,90,064 units with 27.41% YoY growth and 17.62% MoM decline. Where 3W vehicles are concerned, the company saw 1,519 units sold in domestic markets and 10,315 units shipped abroad. 3W segment showed 22.4% YoY growth and a 24.47% YoY decline in domestic market.The latest launch from TVS is Apache RTR 310. In international market, 3W exports dropped 21.29% YoY and gained 1.96% MoM. In total, TVS’ 3W business was summed up to 11,834 units which fell into the red completely with 17.51% YoY and 2.42% MoM declines. Volume loss stood at 2,512 units YoY and 294 units MoM from November 2023.TVS Sales December 2023 – MoMTotal domestic sales (2W + 3W) stood at 2,16,507 units with 33.14% YoY growth with 53,897 units gained in volume YoY and 25.09% MoM decline losing 72,521 units in volume MoM. Total exports (2W + 3W) accounted for 85,391 units and fell in the green with 7.54% YoY growth and 13.55% MoM growth.In total (2W + 3W, Domestic + Exports), TVS’s sales December 2023 charts lodged 3,01,898 units with 24.75% YoY growth as opposed to 2,42,012 units sold in December 2022 with 59,886 units volume growth. There was a MoM decline of 17.11% due to the 3,64,231 units sold in November 2023 with 62,333 units lost MoM. More