TVS Motor sales decline 3.6% in December as motorcycles hit rough patch

Motorcycle sales dipped by 6.7% to 124,705 units in Dec 2022; iQube electric sales provide silver lining, rise 10-fold YoY

Chennai-based automobile major TVS Motor Company has posted a 3.6 per cent dip in sales volume to 242,012 units in December 2022, from 250,993 units in the corresponding month in 2021.

Total two-wheeler sales fell 3.4 per cent to 227,666 units in December 2022, from 235,392 units a year ago. However, domestic two-wheeler sales were up 10 per cent, from 146,763 units in December 2021 to 161,369 units in December 2022.

Motorcycle sales dipped by as much as 6.7 per cent to 124,705 units in December 2022, from 133,700 units a year ago. Scooter sales were up a healthy 14