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Eicher Motors’ JV firm VE Commercial reports 27% rise in June sales

02 Jul 2014 Evaluate

Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has reported rise of 26.80% in total sales of Eicher branded products to 4187 units in June 2014. The company had sold 3302 units in the same month of the previous year.

In the company’s domestic CV market (5T and above), Eicher trucks and buses have recorded sales of 3474 units in June 2014 as compared to 3090 units in the year-ago period, up by 12.40%.

On the exports front, Eicher trucks and buses recorded sales of 713 units in June 2014 as compared to 212 units in the same month of the previous year, representing a growth of 236.3%.

Peers
Company Name CMP
Bajaj Auto 11684.00
TVS Motor Company 4127.50
Hero MotoCorp 5225.00
Eicher Motors 7540.00
OLA Electric Mobilit 38.56
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