TL;DR
TVS Motor Company has become the world's third-largest motorcycle manufacturer, surpassing Yamaha Motor in global annual sales volume.
TVS Motor Company has achieved a significant milestone by surpassing Yamaha Motor in global two-wheeler sales, thereby becoming the world's third-largest motorcycle manufacturer by annual volume. This accomplishment, as reported by Autocar India, underscores TVS's robust performance and expanding influence in the international market.
The company's strong showing contrasts with Yamaha's mixed performance across various regions in 2025, where weaker demand in European and US markets offset gains in parts of Southeast Asia. Higher procurement costs, increased R&D spending, and new US tariffs also impacted Yamaha's operating income.
This strategic ascent by TVS highlights a shift in the global two-wheeler landscape, with Indian manufacturers increasingly solidifying their positions among the top players. TVS's success is particularly notable given its focus on high-volume commuter bikes common in developing markets.
