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Eicher Motors’ JV reports 6% fall in January sales

01 Feb 2020 Evaluate

VE Commercial Vehicles (VECV), a joint venture (JV) between Eicher Motors and Volvo Group, has reported 6.1 percent decline in sales at 5544 units in January 2020 as compared to 5906 units in the same month in 2019. Eicher branded trucks and buses recorded total sales of 5388 units in January 2020 as compared to 5808 units in January 2019, a decline of 7.2 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
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