Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has reported 18.28% increase in total sales in July at 4,374 units, as against 3,698 units in the same month last year. Eicher-branded trucks and buses recorded total sales of 4,315 units in July compared with 3,652 units in the corresponding month last year, up by 18.15%.
In the domestic market, sales of Eicher trucks and buses stood at 3,664 units in July compared with 3,050 units in the year-ago month, up by 20.13%, while exports of Eicher trucks and buses surged 8.14% at 651 units in July as against 602 units in the same month last year.
Volvo trucks recorded a 28.26% decline in sales at 59 units last month compared with 46 units in July 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.
