TVS beat its arch rival Bajaj Auto to finish third in the overall manufacturers’ sales standings in October 2022
TVS Motor Company garnered a domestic tally of 2,75,934 unit sales in the month of October 2022 as against 2,58,777 units during the same period last year with a YoY positive sales growth of 6.6 per cent. The Hosur-based manufacturer beat its arch rival Bajaj Auto to finish third in the overall manufacturers’ sales standings.
The brand posted a market share of 17.49 per cent as against 16.67 per cent in October 2021 with a YoY gain of 0.82 per cent. The Jupiter scooter recorded a total of 77,042 units last month as against 72,161 units during the corresponding period in 2021 with a YoY positive volume increase of 7 per cent in India.
The XL100 registered a total of 44,638 unit sales last month as against 55,356 units during the corresponding period twelve months ago with a YoY volume decline of 19 per cent. The highly popular Apache series posted 40,988 units as against 39,799 units with a YoY growth of 3 per cent. The Ntorq 125 finished in the fourth position with 31,049 units.
|TVS Models||October 2022 Sales||October 2021 Sales|
|1. TVS Jupiter (7%)||77,042||72,161|
|2. TVS XL100 (-19%)||44,638||55,356|
|3. TVS Apache (3%)||40,988||39,799|
|4. TVS Ntorq (21%)||31,049||25,693|
|5. TVS Raider (129%)||24,153||10,553|
|6. TVS Sport (-8%)||18,126||19,730|
|7. TVS Radeon (-8%)||14,279||15,596|
|8. TVS iQube (1951%)||8,013||395|
|9. TVS Star City (-15%)||7,488||8,766|
|10. TVS Zest (53%)||4,936||3,216|
|11. TVS Pep+ (-32%)||4,766||7,015|
|12. TVS Apache RR310 (-26%)||366||497|
This when compared to the same period last year with 25,693 units, a YoY growth of 21 per cent was noted. The Raider 125 entry-level sporty commuter recorded a total of 24,153 unit sales last month as against 10,553 units with a YoY surge of 129 per cent. Following the Raider in the sixth position was the Sport commuter motorcycle.
It managed a total of 18,126 units in October 2022 as against 19,730 units during the same period last year with a YoY negative volume growth of 8 per cent. The Radeon slotted in at seventh with 14,279 units as against 15,596 units in October 2021 with a YoY sales drop of 8 per cent while the iQube electric scooter recorded a massive growth of 1951 per cent.
The iQube had its range expanded only a few months ago and it posted 8,013 units as against 395 units. The Star City finished in the ninth position ahead of Zest, Pep+ and the flagship Apache RR310.