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Eicher Motors’ JV reports 41.7% fall in August sales

03 Sep 2019 Evaluate

VE Commercial Vehicles, a joint venture (JV) between Eicher Motors and Volvo Group, has reported sales of 3538 units in August 2019 as compared to 6069 units in August 2018, registering a fall of 41.7%.

Eicher branded trucks and buses recorded total sales of 3462 units in August as compared with 5948 units in the year-ago month, down 41.8%. In the domestic market, sales of Eicher branded trucks and buses were at 3144 units in August 2019, down 35.1% from 4843 units sold in the same month a year ago.  

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 9950.00
TVS Motor Company 3937.00
Hero MotoCorp 5049.95
Eicher Motors 6938.50
OLA Electric Mobilit 36.83
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