SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Eicher Motors’ JV reports 11.9% rise in sales in October

02 Nov 2020 Evaluate

Eicher Motors and Volvo Group’s joint venture (JV) -- VE Commercial Vehicles (VECV) has reported an 11.9 per cent increase in sales for October at 4,200 units. The company had sold 3,755 units in October 2019.

Eicher branded trucks and buses recorded total sales of 4,130 units last month as compared to 3,681units in the year-ago month, up 12.2 per cent. In the domestic market, sales of Eicher branded trucks and buses were at 3,815 units last month as against 3,309 units the same month a year ago, up 15.3 per cent.

Exports of the Eicher brand of commercial vehicles were at 315 units in October as compared to 372 units in same month last, a dip of 15.3 per cent. Further, Volvo trucks posted sales of 70 units last month as compared to 74 units in October 2019.

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.

Eicher Motors Share Price

7300.10 -29.50 (-0.40%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 10710.85
Hero MotoCorp 5321.50
TVS Motor 3692.45
Eicher Motors 7300.10
Ather Energy 915.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×