Motor Company registered a growth of 13% in July 2022 with sales of 314,639
units as against 278,855 units in the month of July 2021.
two-wheelers registered a growth of 14% in July 2022 with sales increasing from
262,728 units in July 2021 to 299,658 units in July 2022. Domestic two-wheeler registered growth of 15%
with sales increasing from 175,169 units in July 2021 to 201,942 units in July
registered a growth of 8% with sales increasing from 138,772 units in July 2021
to 150,340 units in July 2022. Scooter
registered a growth of 49% with sales increasing from 73,811 units in July 2021
to 110,196 units in July 2022
company has invested in strategic relationships and action plans for the supply
of semiconductors and the efforts are yielding results with improvements seen
this month as well. We are very confident of the supplies improving further.
The company's total exports grew by 9% from
103,133 units in July 2021 to 112,032 units in July 2022. Two-wheeler exports grew by 12% from 87,559
units in July 2021 to 97,716 units in July 2022.
Three-wheeler of the company registered sales
of 14,981 units in July 2022 as against sales of 16,127 units in July 2021.
The newly launched three versions of TVS iQube
Electric have received a very good response with customers welcoming the
product and liking its features. The future demand outlook is very positive.
Efforts on increasing the capacity and delivery are showing results, and
against a monthly average sale of 2,908 units in Q1 2022, the company sold
6,304 units of TVS iQube Electric in July 2022.