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Eicher Motors’ JV reports 28.5% fall in June sales

01 Jul 2019 Evaluate

Eicher Motors and Volvo Group’s joint venture (JV) -- VE Commercial Vehicles has reported sales of 4569 units in June 2019 as compared to 6390 units in June 2018, recording decline of 28.5%.

Eicher branded trucks & buses have recorded sales of 4502 units in June 2019 as compared to 6315 units in June 2018, representing a decline of 28.7%. In the domestic market, Eicher branded trucks & buses have recorded sales of 4136 units in June 2019 as compared to 5496 units in June 2018, while on the exports front, Eicher branded trucks & buses have recorded sales of 366 units in June 2019 as compared to 819 units in June 2018, representing a decline of 55.3%.

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 10025.65
TVS Motor Company 3966.30
Hero MotoCorp 5095.00
Eicher Motors 6990.00
OLA Electric Mobilit 36.91
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