TVS Motor Company Reports 20% Growth in September 2024 Sales, Driven by Strong Demand for Two-Wheelers and Electric Vehicles

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TVS Motor Company reported a 20% year-over-year sales growth in September 2024, with 482,495 units sold, up from 402,553 in September 2023.

Two-Wheelers: Sales rose 22% to 471,792 units, with domestic sales climbing 23% to 369,138 units. Motorcycles grew 23%, while scooters increased 20%.

Electric Vehicles: EV sales surged 42%, reaching 28,901 units.

International Business: Exports rose 11%, with two-wheeler exports up 19%.

Three-Wheelers: Sales declined to 10,703 units from 15,598 in September 2023.

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