TVS, Bajaj Auto and Ashok Leyland post double-digit July sales growth
TVS Motor reported 629,675 units sold in July, up 38% year on year, while Bajaj Auto sales rose 30% to 470,000 units and Ashok Leyland sales climbed 30% to 19,590 units. TVS electric two-wheeler volumes surged 158%.
Ashok Leyland, Bajaj Auto and TVS Motor reported strong July sales growth, driven by domestic demand, commercial vehicles, exports and EVs. TVS electric two-wheeler volumes surged 158% year-on-year.
Why this matters
The July sales gain adds to Ashok Leyland’s recent EV and alternate-fuel investment plans, UCO Bank financing tie-up, and certified used-vehicle ecosystem partnership with Shriram Automall.
Retail-company signals are accelerating, up 224767% quarter on quarter.