TVS Motor

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

TVS Apache RTR 310Every single vehicle on the TVS sales breakup November 2023 charts showed positive growth where domestic market performance is concernedThe leading Indian 2W and 3W manufacturer, TVS Motor, has been fortifying its grounds in the market. After posting the highest-ever sales of around 3.45 lakh units in October 2023 around the festive season, TVS has sold 2,87,017 units in India with 19.7% YoY growth and shipped 64,348 units abroad with an 8.07% YoY decline.TVS Sales Breakup November 2023 – Domestic salesWhen compared to 1,91,730 units sold in November 2022, TVS gained 95,287 units in volume in domestic market. In India, TVS’ highest-seller was Jupiter scooter range with 72,859 units sold last month and 25.38% of total company’s sales. When compared to 47,422 units sold in November 2022, Jupiter saw 53.64% YoY growth along with 25,437 units gained in volume.XL and Apache range took 2nd and 3rd positions with 43,482 and 41,025 units sold, securing 15.15% and 14.29% market shares respectively. Where XL saw 26.16% YoY growth with 9,017 units gained in volume, Apache registered a higher growth margin of 51.26% YoY with 13,903 units gained in volume.Raider 125 and Ntorq 125 sold 39,829 and 30,396 units with 13.88% and 10.59% of TVS’ total sales respectively. Raider grew sales numbers by 47.53% YoY, while Ntorq’s numbers grew by 78.77% YoY. Volume gain stood at 12,832 and 13,393 units for Raider and Ntorq respectively. In 6th position, we have TVS Sport with 17,157 units sold and 50.26% YoY growth.TVS Sales Breakup November 2023 – DomesticIn 7th and 8th positions, we have iQube and Radeon with 16,702 and 10,720 units sold and registered a healthy 66.09% and 26.83% YoY growth respectively. Zest and Star City sold 7,922 and 4,125 units with 150.93% and 55.95% YoY growth respectively. TVS’ premium products Ronin and RR 310 sold 2,107 and 693 units respectively.Exports witnessed YoY sales declineWhere exports are concerned, Star City 125 was the best-seller abroad with 37,814 units sold as opposed to 28,259 units shipped last year. Star City alone accounted for 58.76% of TVS’ total exports. Star City registered 33.81% YoY growth with 9,555 units volume growth YoY. In 2nd and 3rd positions, we have Apache and TVS Sport with 11.86% and 9.71% of TVS’ total exports respectively.Where Apache registered 4.49% YoY growth with 328 units volume increment, Sport saw 49% YoY growth and 2,055 units volume increment. Highest-seller in India, Jupiter saw 4th place in exports with 4,374 units shipped. Jupiter registered an impressive 914.85% YoY growth as opposed to just 431 units shipped last year.TVS Sales Breakup November 2023 – ExportsTVS shipped 4,195 and 3,416 units and Raider and Ntorq with 100.53% and 27.75% YoY growth respectively. The company’s multi-genre motorcycle, Ronin, shipped 436 units. The company shipped exactly 80 units of both Radeon and iQube in November 2023. XL and RR 310 saw 36 and 34 buyers abroad, respectively. In total, TVS’ total exports stood at 64,348 units and as opposed to 69,996 units shipped in November 2022, TVS saw an 8.07% YoY decline, losing 5,648 units in volume. More

TVS Apache RR 200 RenderTVS Apache RR200 will be based on RTR 200 4V, while borrowing styling cues from RR310In recent years, an increasing number of enthusiasts are looking for the race track experience. Entry-level options currently available in this space include KTM RC200, Pulsar RS200 and Hero Karizma XMR 210. With significant future potential, it is possible that TVS may enter this space with the all-new Apache RR200. A digital render gives a better idea about the look and feel of TVS Apache RR200.TVS RR200 – Key featuresJust like the larger capacity sibling, Apache RR200 has the same racing DNA. The adrenalin rush is instant, with just a glance at this hunky speed machine. Some of the key highlights include an aggressive front fascia, front cowl mounted rear view mirrors, compact windscreen, low-set handlebar, sharp fairing with sporty graphics and decals, sculpted fuel tank, split seats and upswept exhaust. Some exciting colour options will be available with Apache RR200.TVS Apache RR 200 RenderTech kit includes a Bluetooth-enabled digital instrument cluster. Users can access features such as race telemetry, lean angle mode, navigation, call/SMS notification, crash alert system and low fuel alert.Apache RR200 specs, performanceTVS Apache RR200 will borrow most of the hardware from Apache RTR 200 4V. The 197.75 cc, oil cooled, Fi engine generates 20.82 PS of max power and 17.25 Nm of peak torque. This max power output is available when the Sport mode is engaged. In Urban and Rain mode, power and torque output is 17.32 PS and 16.51 Nm. The engine is mated to a 5-speed gearbox. Top speed of RR200 could be higher in comparison to 127 km/h available with RTR 200 4V.Apache RR200 will have a double cradle split synchro stiff frame. It can get USD forks at front to gain an edge over rivals like Pulsar RS200 and Hero Karizma that have standard telescopic forks. Surprisingly, Hero Xtreme 160R 4V has USD forks, but the same was omitted for Karizma. Among RR200’s primary rivals, only KTM RC200 is equipped with USD forks.At rear, Apache RR200 will have a monoshock suspension. The bike is likely to use 17-inch wheels at both ends, shod with tubeless radial tyres. Braking setup comprises 270 mm and 240 mm petrol disc brakes at front and rear. Dual-channel ABS will be standard. Single channel SuperMoto ABS is also likely. Racing equipment could include adjustable suspension, adjustable brake and clutch levers, Glide Through Technology (GTT), slipper clutch and double-barrel exhaust.TVS will be aiming to launch RR200 at an affordable price point. The initial, limited period price offer could be lower in comparison to rivals. As of now, Bajaj Pulsar RS200 is the most affordable in the group at Rs 1.72 lakh. Hero Karizma XMR is available at a starting price of Rs 1.80 lakh. KTM RC200 starts from Rs 2.18 lakh. More

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