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Eicher Motors’ JV reports 43% fall in September sales

01 Oct 2019 Evaluate

VE Commercial Vehicles, a joint venture (JV) between Eicher Motors and Volvo Group, has reported sales of 3784 units in September 2019 as compared to 6663 units in September 2018, registering a fall of 43.2%.

Eicher branded trucks and buses recorded total sales of 3673 units in September as compared with 6588 units in the year-ago month, down 44.2%. In the domestic market, sales of Eicher branded trucks and buses were at 3140 units in September 2019, down 44.8% from 5685 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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