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Eicher Motors’ JV reports 28% fall in February sales

02 Mar 2020 Evaluate

VE Commercial Vehicles (VECV), a joint venture (JV) between Eicher Motors and Volvo Group, has reported 28.7 percent decline in sales at 4586 units in February 2020 as compared to 6428 units in the same month in 2019. Eicher branded trucks and buses recorded total sales of 4439 units in February 2020 as compared to 6268 units in February 2019, a decline of 29.2 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 9950.00
TVS Motor Company 3937.00
Hero MotoCorp 5049.95
Eicher Motors 6938.50
OLA Electric Mobilit 36.83
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