MoneyWorks4Me

Eicher Motors’ JV reports 49.5% surge in December sales

02 Jan 2018 Evaluate

Eicher Motors’ joint venture (JV) with Volvo Group VE Commercial Vehicles (VECV) has reported a 49.5% increase in total sales at 6,087 units in December. The company had sold 4,071 units in December 2016. The December sales figure includes 5,955 units of Eicher brand and 132 units of Volvo brand.

Eicher Motors is an India-based company, which is engaged in manufacturing automobile products and related components. The company operates in business verticals, including motorcycles, commercial vehicles and personal utility vehicles.

Peers
Company Name CMP
Bajaj Auto 10069.85
TVS Motor Company 4021.45
Hero MotoCorp 5173.00
Eicher Motors 6949.85
OLA Electric Mobilit 37.09
View more..