MoneyWorks4Me

Eicher Motors’ JV reports 19.1% fall in December sales

01 Jan 2020 Evaluate

VE Commercial Vehicles (VECV), a joint venture (JV) between Eicher Motors and Volvo Group, has reported 19.1 percent decline in sales at 5,042 units in December 2019 as compared to 6,236 units in the same month in 2018. Eicher branded trucks and buses recorded total sales of 4,910 units in December 2019 as compared to 6,113 units in December 2018, a decline of 19.7 percent.

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 10080.00
TVS Motor Company 3977.00
Hero MotoCorp 5035.35
Eicher Motors 7050.00
OLA Electric Mobilit 29.90
View more..