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Eicher Motors' JV registers 32% fall in September sales

02 Oct 2012 Evaluate

Automaker VE Commercial Vehicles (VECV), 50:50 joint venture (JV) between the Volvo Group and Eicher Motors, has registered 31.92% fall in its total sales at 3,150 units in September as compared to 4,627 units sold in the same month last year.

The company’s domestic sales stood at 3,026 units in September against 4,152 units in the year-ago period, down 27.12%. VECV’s total sales of buses have increased by 11.27% to 612 units during the month against 550 units in the year-ago period.

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