TVS Motorcycles registered sales of 1,46,075 units in June 2022 as against 1,46,874 units in June 2021. The company’s scooter sales increased from 53,956 units in June 2021 to 1,05,211 units in June 2022.
Commenting on the sale, TVS said, “Shortfall in supply of semiconductors has impacted the production and sales of premium two wheelers. We are working aggressively with alternative sources and do everything we can to improve the supply at the earliest.” We are trying our best. There has been some improvement this month. We are hopeful that as semiconductor supply continues to improve, volumes will return to normal levels.”
The company’s total exports increased from 1,06,246 units in June 2021 to 1,14,449 units in June 2022. At the same time, the export of two wheelers increased from 92,679 units in June 2021 to 1,00,625 units in June 2022.
The company’s three-wheeler sales grew 7% from 13,794 units in June 2021 to 14,786 units in June 2022. Domestic two-wheeler sales include TVS iQube Electric’s sales of 4,667 units in June 2022. This is the highest ever sales of TVS iQube Electric and sales have increased by 77% in May 2022.
TVS Motors is going to launch a new bike in the Indian market on 6th July. The company has announced the launch of a new two-wheeler on its social media handle on 6th July. Although TVS has not announced the name of the bike, but reports claim that the upcoming new bike could be a naked version of the Apache RR 310 or a Zeppelin cruiser bike.
It could get some cosmetic changes and is also likely to be equipped with new hardware along with a fully adjustable suspension. Let us tell you that TVS Zeppelin has been revealed at the 2018 Auto Expo. This is a cruiser bike in which a 220cc single-cylinder oil-cooled engine can be given. This engine produced 20 bhp power and 18.5 newton meter torque.
There are also reports that the company’s new offering could also be a new variant of the NTorq scooter. Last year, the company launched the XP variant of the NTorq 125 this month, which was more powerful than the standard model, so it is also being speculated to be a scooter. As of now, the company has not officially shared any information about the upcoming two-wheeler.