The company had sold 3,08,501 units in June 2022, TVS Motor Company said in a statement.
Total two-wheeler sales last month were at 3,04,401 units as against 2,93,715 units in June 2022, a growth of 4 per cent. Domestic two-wheeler sales registered a growth of 22 per cent at 2,35,833 units as compared to 1,93,090 units in the year-ago month, it added.
Motorcycle sales registered a 2 per cent rise at 1,48,208 units from 1,46,075 units in the same month last year, while scooter sales posted a growth of 11 per cent at 1,21,364 units in June 2023 as against 1,09,878 units in the year-ago period.
“The first two weeks of June witnessed a decline in EV two-wheler industry sales due to readjustment in prices owing to the reduction in FAME II subsidy. However, TVS iQube’s order book remains very healthy. We are already seeing a pick up in sales and are confident of continued improvement in the coming months,” said TVS Motor Company in a statement.
The company said its electric scooter TVS iQube Electric recorded sales of 14,462 units in June 2023 over sales of 4,667 units in June 2022.The Company’s total exports have observed sales of 79,144 units in June 2023 as against 114,449 units June 2022. Two-wheeler exports registered sales of 68,568 units in June 2023 as against 100,625 units June 2022. On the three-wheeler front, sales were lower at 12,010 units in June 2023 as against 14,786 units a year ago.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Automobiles News Click Here
