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Eicher Motors’ JV firm VE Commercial reports 20.66% rise in December sales

01 Jan 2015 Evaluate

Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has reported 20.66% jump in total sales of its Eicher branded products at 3,387 units in December as against 2,807 units sold in the year-ago period.

Domestic sales registered a growth of 26.6% to 3,002 units in December as against 2,372 units in the same month in 2013. However, exports of Eicher trucks and buses fell by 11.5% to 385 units last month as against 435 units in the same month in the previous month.

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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