TVS Ntorq 125 saw a massive growth of 70 per cent last month as 20,684 units were sold against 12,145 units in the corresponding month last year
While Hero MotoCorp and Honda had endured massive YoY sales drop last month, TVS Motor Company registered 2.8 per cent growth and finished above Bajaj Auto in third position thanks to its ability to maintain consistency in motorcycle and scooter divisions with the latest launches even during the tough market scenario.
TVS garnered a total of nearly two and a half lakh units in April 2019 and its top-selling scooters Jupiter and Ntorq were right on the money. The Hosur-based manufacturer launched the Ntorq 125 in February 2018 and it became an instant hit among buyers. Last month, it registered the maximum growth for the brand.
With 20,684 units, the Ntorq saw 70 per cent YoY sales increase as only 12,145 units were sold in the corresponding month last year. The latest models, Ntorq and Radeon 110, are doing wonders for the company. The Ntorq entered India as TVS’ fourth scooter in the lineup with segment first SmartXonnect technology enabling Bluetooth connectivity.
TVS says the Ntorq takes design cues from stealth aircraft and gets a fully-digital instrument panel with navigation, lap time and top speed recorder, average speed indicator, caller ID displaying provision and smartphone app-based parking. It uses a 124.8 cc single-cylinder CVTi REVV engine producing 9.5 hp and 10.5 Nm of peak torque and offers different riding modes.
While the Ntorq managed to record big sales growth, one of its rivals, the Honda Grazia had another difficult month. In March 2019, the 125 cc scooter witnessed a huge 86 per cent sales slump as only 2,262 units were retailed. In the first month of FY2019-20, the trend continued as 11,823 units were sold against 25,949 units.
This led to volume de-growth of 54 per cent and the Grazia could not fare well in its segment. The 125 cc space has seen increased rivals in recent years amidst Suzuki Access 125 continuing its top status. It will be interesting to see how the Grazia performs in the coming months. It is worth noting that Hero’s recently launched Destini 125 is gaining good volumes.