TVS sales January 2022 – Numbers do not show a very positive picture but that is a trend across the segment. Buyers are still elusive…
TVS Motor shared its monthly sales numbers for the month of January 2022 and like others it is not showing a very rosy picture.
Gross Sales of two and three-wheelers for both domestic and exports dropped by 13.14% in January 2022 in comparison to 2021.
In January 2022, the gross domestic and export sales equaled 2,66,788 units in comparison to 3,07,149 units in January 2021.
| TVS Sales | January 2022 | January 2021 | % Change |
| Gross Total (2w+3w) | 2,66,788 | 3,07,149 | -13.14% |
TVS Sales January 2022:
Motorcycles –
Motorcycle sales were in the green, but just barely. The Chennai based maker sold 1,37,360 units in the first month of this year, compared to 1,36,790 units in last January – up by marginal 0.42 percent.
When compared month-over-month, motorcycle sales dropped by 1.95%, down from 1,40,097 units sold in December 2021.
Scooters –
Scooter sales saw a big drop of 18.04%, and were down to 80,580 units against 98,319 units of January 2021.
Month-over-month, there is a sigh of relief however. Scooter sales showed 7.41% growth and were up from 75,022 units sold in December 2021.
Mopeds –
Other than motorcycles and scooters, TVS is also involved in sales of mopeds like their XL 100.
The moped sales were down significantly. Year-over-year moped sales dropped by 39.15% with 36,199 units sold in January 2022. In January 2021, TVS registered sales of 59,487 units.
MoM, the drop in sales is 15.31%, down from 42,744 units in December 2021.
Exports –
The two-wheeler exports declined to 86,344 units, down 3.40% from 89,380 units in January 2021.
Monthly comparison of two-wheeler exports is in the green. The exports were up by 5.40%, an increase from 81,923 units of December 2021.
TVS Sales January 2022 – Summary
| TVS Sales | January 2022 | January 2021 | % Change |
| Motorcycles | 1,37,360 | 1,36,790 | +0.42% |
| Scooters | 80,580 | 98,319 | -18.04% |
| Mopeds | 36,199 | 59,487 | -39.15% |
| 2w Domestic | 1,67,795 | 2,06,216 | -18.23% |
| 2w Exports | 86,344 | 89,380 | -3.40% |
| 2w Total | 2,54,139 | 2,94,596 | -13.73% |
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Three-wheelers –
YoY, the domestic sales of three-wheelers were up while the exports were down.
In January 2022, the domestic sales stood at 1,135 units, up 12.71% from 1,007 units, while the exports were down by 0.28%.
MoM, the domestic sales were up by a significant 50.73%, up from 753 units, while the exports were down by 18.21%.
| TVS Sales | January 2022 | January 2021 | % Change |
| 3w Domestic | 1,135 | 1,007 | +12.71% |
| 3w Exports | 11,514 | 11,546 | -0.28% |
| 3w Total | 12,649 | 12,553 | +0.76% |
