TVS Motor Company registered a growth of 14 percent in July | Tech Reddy

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TVS Motor Company registered a growth of 14 percent in July

– TVS sold 2.99 lakh units in July

– Domestic sales grow by 15 percent

– Recently introduced Ronin 225

TVS Motor Company has announced a 14 percent growth in sales for July 2022. The Chennai-based manufacturer managed to sell 2.99 lakh motorcycles and scooters in India and overseas compared to 2.62 lakh units registered in the same month last year.

Now, of this total, TVS sales in India contributed to 2.01 lakh units last month; A growth of 15 percent in July 2021 where the manufacturer managed to sell 1.75 lakh two-wheelers. Meanwhile, exports grew by 12 percent from 87,559 units in July last year to 97,716 units sold abroad last month.

TVS Ronin Right Side View

That said, motorcycles saw an 8 percent growth in sales. TVS registered sales of 1.50 lakh motorcycles in July ’22 while selling 1.38 lakh units in the same month in 2021. Scooter sales, on the other hand, grew by 49 percent last month. TVS sold 1.10 lakh units with around 73,811 units sold in July 2021. Just last month, the manufacturer also launched the Ronin 225, a scrambler-style motorcycle that goes up against the Yamaha FZ-X and the Royal Enfield Hunter 350 coming.

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