SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Eicher Motors’ JV reports 14% rise in September sales

03 Oct 2016 Evaluate

Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has reported 14.01% increase in total sales in September at 4,843 units, as against 4,248 units in the same month last year. Eicher-branded trucks and buses recorded total sales of 4,734 units in September compared with 4,047 units in the corresponding month last year, up by 16.98%.

In the domestic market, sales of Eicher trucks and buses stood at 4,148 units in September compared with 3,452 units in the year-ago month, up by 20.16%, however exports of Eicher trucks and buses decreased 1.51% at 586 units in September as against 595 units in the same month last year.

Volvo trucks recorded a 45.77% decline in sales at 109 units last month compared with 201 units in September 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.

Eicher Motors Share Price

7240.55 51.15 (0.71%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9795.05
Hero MotoCorp 5281.60
TVS Motor 3764.45
Eicher Motors 7240.55
Ather Energy 889.35
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×