SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Eicher Motors’ JV firm VE Commercial bullish on UP truck market: Report

09 Jun 2014 Evaluate

Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) is reportedly bullish on the Uttar Pradesh (UP) truck market. The company has launched its new Eicher Pro series of light- and medium-duty trucks in the UP market, which had clocked total sales of about 19,300 units in 2013.

In 2012, the composite truck sales in UP was pegged at 30,200, when the segment was booming. In the light and medium truck space, VECV has market share of over 32 percent in UP.

Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.

Eicher Motors Share Price

7311.35 15.25 (0.21%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 10314.60
Hero MotoCorp 5169.70
TVS Motor 3617.85
Eicher Motors 7311.35
Ather Energy 897.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×