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Eicher Motors’ JV reports 23.9% fall in November sales

02 Dec 2019 Evaluate

VE Commercial Vehicles, a joint venture (JV) between Eicher Motors and Volvo Group, has reported sales of 3594 units in November 2019 as compared to 4720 units in November 2018, registering a fall of 23.9%.

Eicher branded trucks and buses recorded total sales of 3450 units in November as compared with 4602 units in the year-ago month, down 25.0%. In the domestic market, sales of Eicher branded trucks and buses were at 2948 units in November 2019, down 22.8% from 3817 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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