Eicher Motors’ JV firm VE Commercial reports 25.08% rise in January sales

Eicher Motors Ltd. | Automobile Two & Three Wheelers | Automobiles | BSE: 505200 | NSE: EICHERMOT

02 Feb 2015 Evaluate

Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has reported 25.08% jump in total sales of its Eicher branded products at 3,262 units in January as against 2,608 units sold in the year-ago period.

Domestic sales registered a growth of 25.11% to 2,905 units in January 2015 as against 2,322 units in the same month in 2014. Moreover, exports of Eicher trucks and buses rose by 24.83% to 357 units last month as against 286 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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