TVS Motor Company Records Increase In March Sales By 3% To 317,152 Units

TVS Motor Company on Saturday reported a 3 per cent growth in sales at 3,17,152 units in March 2023, as against 3,07,954 units sold in the same month last year.

Total two-wheelers sales grew 5 per cent last month to 3,07,559 units, as compared to 2,92,918 units in March 2022, TVS Motor Company said in a statement.

Domestic two-wheeler sales were at 2,40,780 units last month, as compared to 1,96,596 units in the year-ago period, up 22 per cent, it added.

The company said sales of its TVS iQube electric scooter were at 15,364 units in March 2023, as against sales of 1,799 units in the same month last year.

Three-wheeler sales were down at 9,593 units last month, as against 15,036 units in March 2022, it added.

Total exports were also lower at 75,037 units in March 2023, as against 1,09,724 units in March 2022. Two-wheeler exports stood at 66,779 units last month, as against 95,962 units a year ago.

RECENT NEWS

Revoluts Australian Banking Licence Game Changer

Revolut has spent much of its life insisting that it is more than a bank. In Australia, it has now decided that becoming... Read more

The AI Bank Is Coming, But Who Controls The Risk?

Artificial intelligence is no longer something banks discuss as a distant possibility. It is already working behind the ... Read more

ClearBank UK Profit Leads To European Growth

ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more

Bank Of London Continues To Rebuild

ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more

JPMorgan's Berlin Moment: Chase Takes On Europe

There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more

What Strategy's Bitcoin Sale Really Tells Us

There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more