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Eicher Motors’ JV reports 7.3% rise in sales in February

03 Mar 2022 Evaluate

Eicher Motors and Volvo Group’s joint venture (JV) -- VE Commercial Vehicles (VECV) has reported a 7.3 per cent jump in sales to 5,856 units in February. The company had sold 5,457 units in February 2021. Total domestic sales of Eicher-branded commercial vehicles (CV) last month stood at 5,093 units, as against 4,825 units in the year-ago month, a growth of 5.6 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
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