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Eicher Motors’ motorcycle division reports 24% fall in August sales

03 Sep 2019

Eicher Motors’ motorcycle division has reported 24% fall in sales at 52,904 units in August 2019 as compared to 69,377 motorcycles sold in August 2018. During August 2019, export of number of motorcycles increased by 205% to 4,152 units from 1,363 units in August 2018.

The company’s sales of vehicles with engine capacity up to 350 cc decreased by 32% at 44,694 units in August 2019 against 65,712 units in the same period year ago. However, the sales of its vehicles with engine capacity exceeding 350 cc increased by 124% at 8,210 units as against 3,665 units in August last year.

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.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323