TVS Motor Company has reported 42 percent growth in December sales, as compared to 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 1.5 million units.
Total two wheeler sales witnessed a sizeable increase of 41 percent with sales of 168,359 units in December 2010 against 119,701 units registered in December 2009, the scooter maker said in a statement.
Domestic sales of the company increased by 46 percent with sales of 149,357 units in December 2010 against 102,479 units reported in December 2009. Scooter sales grew by an impressive 94 percent with sales of 41,804 units as against 21,566 units recorded in December 2009. Motorcycles sales recorded a growth of 24 percent with sales of 61,414 units in December 2010 as against 49,560 units in December 2009, the statement said.
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 percent.
The company exported 19,002 units of two wheelers in December 2010 against 17,222 units registered in December 2009.