TVS Pep Plus

In October 2024, TVS Motor Company saw a 14% rise in two-wheeler sales, selling 478,159 units compared to 420,610 units in October 2023. Motorcycle sales went up by 14%, with 230,822 units sold. Meanwhile, TVS scooter sales increased by 17%, reaching 193,439 units compared to 165,135 units last year. This shows strong consumer demand for TVS scooters and bikes. Particulars October 2024October 2023Change %Motorcycles 230,822201,96514%Scooters 193,439165,13517%Domestic Sales 390,489344,95713% Exports Sales 87,67075,65316%Total478,159420,610 14% TVS’s Domestic & Exports Two-Wheeler Sales in October 2024In Domestic Sales, TVS Motor Company saw a 13% increase in two-wheeler sales in October 2024, selling 390,489 units compared to 344,957 units in October 2023. Moreover, export sales also increased by 16%, with 87,670 units sold in October 2024 compared to 75,653 units in October 2023. TVS Electric Vehicles Sales in October 2024 TVS recorded significant growth in EV sales, reaching 29,308 units compared to 20,153 units in October 2023. The company has seen a massive 45% increase in EV sales.  Before you go, don’t forget to check out the top 5 bikes for women in 2024. Follow us for the Latest Bike Industry UpdatesFacebook - https://bit.ly/BikeJunction_offl_fb Instagram-  https://bit.ly/BikeJunction_ofl_insta Twitter - https://bit.ly/BikeJunction_ofl_twitter 

TVS offers a tempting finance offer for two-wheeler purchasers during the festival season. These offers are designed to make purchasing the company's two-wheeler models much easier during the festival seasons. Additionally, they come with friendly, flexible payment options and discounts across its entire two-wheeler portfolio. Benefits of these offers TVS's festive offers make purchasing two-wheelers more accessible with low interest rates starting at 5.55% and EMI options as low as Rs 1,555. Customers can secure loans covering up to 100% of the on-road price and enjoy savings of up to Rs 20,000, along with fast approvals and minimal documentation. Low Interest RatesLow interest rates of 5.55% under the festive offers have added that important celebration to buying. There are also EMI options available, with starting monthly EMIs at Rs 1,555. The customer can opt for tenures from 3 months to 60 months at their convenience. Loan CoverageFor example, TVS is offering loans up to 100% of the on-road price for many of its two-wheelers. This facility would bypass the need for a huge down payment, thereby making it easier for customers to get the desired ride. The company is also offering loans without insisting on proof of income for those who do not have such a document. It has facilities that go up to 95% cost coverage. SavingsApart from that, there are festive savings of up to Rs 20,000 on a range of models. This happens in terms of discounts, cash-back options, and reduced processing costs. If a customer is paying EMI through a credit or debit card, it can provide instant discounts of up to Rs 7,500. Fast Loan ApprovalsTo ensure the process is quick, very fast loan approvals are completed within a very short time. TVS claims that in certain situations, it can even seek approvals within minutes. Very minimal documentation is required in most applications, which include basic ID and address proof such as Aadhaar or voter ID. If you are eyeing a TVS two-wheeler, this festival season is the best time. TVS is rolling out numerous discounts and offers so that anybody wishing to get his hands on one of its models can do so easily. Both first-time buyers and those looking at an upgrade get the much-needed opportunity through limited-period offers - savings up to Rs 20,000 could be yours. Before you go, have a look at the Weekly 2-Wheeler Update: 2025 KTM 200 Duke, Suzuki GSX-8R launch, and More!Follow us for the Latest Bike Industry UpdatesFacebook - https://bit.ly/BikeJunction_offl_fbInstagram-  https://bit.ly/BikeJunction_ofl_instaTwitter - https://bit.ly/BikeJunction_ofl_twitter 

FADA (Federation of Automobile Dealers Associations) has announced its September 2024 sales report that registered a YoY decline of 8.51% and a MoM decline of 10.01%.  CategorySeptember 2024September 2023YoY %August 2024MoM %2-Wheeler1,204,2591,316,300 -8.51%1,338,237-10.01% In September 2024, the industry clocked in a total sales volume of 1,204,259 units, whereas in September 2023, the industry saw sales of 1,316,300 units. This resulted in an 8.51% decline in YoY growth. Moreover, a 10.01% decline in MoM sales is seen, as in August 2024, sales figures were 1,338,237 units. OEM-wise Market Share Data for September 2024 with YoY % 2-Wheeler OEMs Sales Figures & Market Share in September 2024Hero MotoCorp LTD sold the most two-wheelers in September 2024, with 3,33,927 units. This is a 4.53% decline from the 349,784 units they sold in September 2023. However, their market share increased by 4.35%. Honda Motorcycle and Scooter India came in second, selling 271,390 units in September 2024. This is a 22.96% decline from the 352,254 units they sold in September 2023. Their market share also declined by 15.79%. TVS Motor Company Ltd was third, selling 221,257 units in September 2024 compared to 229,381 units sold in September 2023. Their sales declined by 3.54%, and the market share increased by 5.43%. Bajaj Auto Ltd showed a 5.32% decline in sales, selling 141,668 units in September 2024 compared to 149,633 last year. Its market share increased slightly to 3.49%. Suzuki Motorcycle India witnessed a decent growth of 0.61% YoY, with 74,287 units sold in September 2024, compared to 73,837 in September 2023. Suzuki’s market share also rose to 9.97%. Royal Enfield motorcycles experienced a 10.37% decline in sales, with 57,504 units sold in September 2024, down from 64,159 last year. Its market share decreased to 2.03%. Yamaha India sold 50,065 units in September 2024, which is a 0.86% increase from 49,639 units in September 2023. Moreover, their market share increased to 10.24%.  In September 2024, Ola Electric reported total sales of 24,679, a whopping 31.90% increase compared to September 2023 sales of 18,711 units. Moreover, the company also gained a 44.17% market share rise.  Ather Energy Pvt Ltd sold 12,718 units in September 2024. For comparison, the company registered sales of 7,195 units in September 2023, reporting an increase of 76.76%. Moreover, on the market share front, the company also experienced an increase of 93.21% this month. Greaves Electric Mobility Pvt Ltd clocked in a total sales unit of 2,777 in September 2024, as compared to 3,613 units sold in September 2023. Due to this, the company saw a decline of 23.14% this month. Apart from this, the company also experienced a decline in its market share by 15.99% for September 2024.  Piaggio sold 2,562 units in September 2024, a 13.27% decrease from the 2,954 units sold in September 2023. The company’s market share also dropped slightly to 5.20%. Classic Legends, which offers retro-style motorcycles, sold 2,125 units in September 2024. This represents a 14.42% decline from the 2,483 units sold in September 2023. Their market share also fell to 6.46%. Bgauss Auto Private Limited Sold 1,237 Units in September 2024 compared to 935 Units last year in the same month. This shows an impressive growth of 32.30%.  The "Others Including EV" category showed the biggest decline, dropping by 31.21% YoY, with sales of 8,063 units, down from 11,722 in September 2023. Before you go, don’t forget to check out the discounts available on TVS iQube scooter. Follow us for the Latest Bike Industry UpdatesFacebook - https://bit.ly/BikeJunction_offl_fb  Instagram-  https://bit.ly/BikeJunction_ofl_insta  Twitter - https://bit.ly/BikeJunction_ofl_twitter