Q2 moped sales slip 30%, TVS confident of better show post rural recovery

TVS Motor sold 168,000 mopeds during Q2, against 241,000 units during the same period last year

The sale of mopeds, the light-powered two-wheelers, dropped nearly 30 per cent during the July-September quarter (Q2) because of stress in rural market and a price drop in entry-level motorcycles. TVS Motor Company is, however, confident the sales would go up as the rural market is making a comeback and after the implementation of BSVI.

TVS Motor, India’s third largest two-wheeler maker, is the sole manufacturer of mopeds after Hero and Kinetic exited the sector many years ago. It sold 168,000 mopeds during Q2, against 241,000 units during the same period last year. Overall scooter sales of the company declined by