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Eicher Motors’ JV reports 2.3% rise in total commercial vehicle sales in January

02 Feb 2021 Evaluate

Eicher Motors and Volvo Group’s joint venture (JV) -- VE Commercial Vehicles (VECV) has reported a 2.3 per cent rise in total commercial vehicle sales at 5673 units in January 2021. The company had sold 5544 units in the same month of the previous year. Total domestic sales stood at 4964 units in January as compared to 4871 units in January 2020, increase of 1.9 per cent. Total exports last month stood at 555 units as against 517 units in the same month of 2020, up 7.4 per cent.

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 10069.85
TVS Motor Company 4021.45
Hero MotoCorp 5173.00
Eicher Motors 6949.85
OLA Electric Mobilit 37.09
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