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Eicher Motors' JV reports marginal rise in October sales

03 Nov 2014 Evaluate

Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has reported a marginal increase of 1.70% in total sales of its Eicher branded products at 3,052 units in October. The company had sold 3,001 units in the same month last year.

Domestic sales registered a decline of 5.42 per cent to 2,494 units in October this year against 2,637 units in the same month year ago. However, export of Eicher trucks and buses grew 53.29 per cent to 558 units last month from 364 units in October 2013.

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%)
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