TVS registered sales of 1,64,568 units of motorcycles in October 2022 as against 1,72,361 units sold in October 2021. At the same time, the sales of scooters increased from 1,13,124 units sold in October 2021 to 1,35,190 units in October 2022. The sales of scooters have increased by 20 percent.
The company exported a total of 82,816 units in the month of October, while in October 2021, 95,191 units were exported. In terms of two-wheeler exports, two-wheeler exports stood at 68,696 units in October 2022 as against 82,736 units in October 2021.
The company’s three-wheeler sales grew by 16 per cent in October 2022. Sales of 15,658 units were registered in October 2022 as compared to 13,520 units sold in October 2021. There is also a huge demand for TVS’s iCube electric scooter. The company sold 8,103 units of iCube last month.
Let us tell you that TVS has increased the prices of its bikes and scooters last month. Among bikes, the prices of TVS Apache, Radeon, Star and Sport range of bikes have been increased. There has been a marginal increase of Rs 160 in the TVS Apache range of bikes while the highest increase of Rs 4,785 has been seen in Star City Plus bikes.
TVS Radeon price has increased by Rs 3,448. The company has also not increased the price of the top variant of the TVS Raider bike as it was recently launched. The other variants of TVS Raider have been increased by Rs 4,400, taking its price to Rs 85,973.
Talking about the scooters, the price of TVS Jupiter has been increased by Rs 1,800. Now the new ex-showroom price of Jupiter has gone up to Rs 69,990 and the price of its top model goes up to Rs 89,625. The price of TVS Ntarq has been increased by Rs 3,300. The new price of Ntorq has gone up to Rs 79,956.
The company recently launched TVS Raider with Bluetooth connectivity and full digital instrument cluster. The new TVS Raider has been launched at an ex-showroom price of Rs 99,990. No changes have been made in the engine and design of this bike.