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Eicher Motors’ JV reports 37% fall in October sales

01 Nov 2019 Evaluate

VE Commercial Vehicles, a joint venture (JV) between Eicher Motors and Volvo Group, has reported sales of 3755 units in October 2019 as compared to 5980 units in October 2018, registering a fall of 37.2%.

Eicher branded trucks and buses recorded total sales of 3681 units in October as compared with 5826 units in the year-ago month, down 36.8%. In the domestic market, sales of Eicher branded trucks and buses were at 3309 units in October 2019, down 35.4% from 5121 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 10069.85
TVS Motor Company 4021.45
Hero MotoCorp 5173.00
Eicher Motors 6949.85
OLA Electric Mobilit 37.09
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