Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has reported 43% increase in total sales in May at 5,770 units, as against 4,035 units in the same month last year. Eicher-branded trucks and buses recorded total sales of 5,709 units in May compared with 3,962 units in the corresponding month last year, up by 44.1%.
In the domestic market, sales of Eicher trucks and buses stood at 4,704 units in May compared with 3,617 units in the year-ago month, up 30.1%, while exports of Eicher trucks and buses surged nearly three-fold at 1,005 units in May as against 345 units in the same month last year.
Volvo trucks recorded a 16.43% decline in sales at 61 units last month compared with 73 units in May 2015.
Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 10620.00 |
| Hero MotoCorp | 5347.00 |
| TVS Motor | 3694.50 |
| Eicher Motors | 7456.00 |
| Ather Energy | 904.75 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: