TVS Motor Registers 8% Year-on-Year Total 2W Sales Growth in December

TVS Motor Company reported a 7% year-on-year growth in December 2024, with 3.22 lakh units sold in total. Two-wheelers contributed significantly, selling 3.12 lakh units overall, a YoY rise of 8%. They sold 2.15 lakh units in the domestic market, and 96,927 units overseas, registering 0.4% and 29.11% growth, respectively. The sales of motorcycles dropped to 2.19%, the scooters witnessed an impressive rise of 30%. Electric scooters also posted a remarkable 79% growth.

In Q3 of FY24-25, the company sold 11.8 lakh two-wheelers, reflecting an impressive 11% growth. Electric two-wheelers contributed with a 57% increase, selling 0.76 lakh units. In contrast, three-wheelers sold 0.29 lakh units, a drop of 23.68%. 

Also Read: TVS Apache RTX Adventure Bike Spied for the First Time; India Launch Likely in 2025

TVS November Sales 2024: A Brief Recap

TVS Motor Company recorded robust sales growth in November 2024, with total two-wheeler sales reaching 3.92 lakh units, an 11.47% year-on-year increase. Domestic sales grew 6.38%, while exports surged 33.90%. The scooter segment emerged as a key driver, with a 21.94% growth. The electric scooter segment, led by the iQube, demonstrated exceptional performance with a 57% increase in sales.

TVS sold 1.80 lakh motorcycles in November of last year, marking an increase of 7,411 units compared to the 1.72 lakh units sold in the same month in 2023. This led to a year-on-year growth of 4.29%.

Other Highlights

TVS is expected to introduce its inaugural adventure (ADV) bike in India, possibly dubbed Apache RTX. This new offering from TVS will likely be powered by the recently unveiled RT-XD4 engine, showcased at TVS MotoSoul 2024. The 299cc, single-cylinder, liquid-cooled engine delivers 35bhp and 28.5Nm of torque and is mated to a 6-speed transmission.

Also Read: 2025 TVS Ronin Unveiled at MotoSoul 2024; Gets New Colours, Dual-channel ABS

Unlike the engines in the Apache RR 310 and RTR 310, the RT-XD4, featuring ride-by-wire technology, boasts a flatter torque curve, making it ideal for off-road adventures.