Hosur , 01 Jan 2011

TVS Motor Company December sales grows 42%

Scooters grow 94%, Domestic Sales up 46%; Motorcycles up 24%

A substantial increase in domestic sales spurred by significant demand from across all product segments has propelled TVS Motor Company's December sales by 42% over the comparable period of the previous 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 2010 to December 2010 thus stood at 1,512,896 units.

Two Wheeler

Total two wheeler sales witnessed a sizeable increase of 41% with sales of 168,359 units in December 2010 against 119,701 units registered in December 2009. Consequently, cumulative two wheeler sales for the period April 2010 to December 2010 increased by 34% with sales of 1,485,102 units over 1,109,054 units in April to December 2009.

Domestic sales of the company increased by 46% with sales of 149,357 units in December 2010 against 102,479 units reported in December 2009.

Scooter sales grew by an impressive 94% with sales of 41,804 units as against 21,566 units recorded in December 2009. Motorcycles sales recorded a growth of 24% 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 against 17,222 units registered in December 2009.

Three Wheeler

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 2010 to December 2010 stood at 27,794 units against 8,707 units, a growth of 219%.