TVS Motors Dec sales grow 42%

Driven by domestic sales across all product segments, TVS Motor Company has reported 42 per cent growth in December sales as compared with the same period last year.

The company sold 171,790 units in December 2010 against 120,913 units in the same month of the previous year. Cumulative sales of the company for the period April-December 2010 stood at 1,512,896 units. The total two-wheeler sales rose by 41 per cent to168,359 units in December 2010 from 119,701 units registered in December 2009.

Consequently, the cumulative two-wheeler sales for the period April 2010 to December 2010 increased by 34 per cent with sales of 1,485,102 units over 1,109,054 units in April to December 2009.

The domestic sales of the company increased by 46 per cent with sales of 149,357 units in December 2010 against 102,479 units reported in December 2009.

Scooter sales grew by 94 per cent with sales of 41,804 units as against 21,566 units recorded in December 2009. Motorcycle sales recorded a growth of 24 per cent with sales of 61,414 units in December 2010 as against 49,560 units in December 2009.

The company exported 19,002 units of two-wheelers in December 2010 as against 17,222 units in December 2009. In December 2010, the company sold 3,431 units of three-wheelers against 1,212 units sold in the comparable month of the previous year.

Cumulative three-wheeler sales for the period April to December 2010 stood at 27,794 units against 8,707 units, a growth of 219 per cent.