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Eicher Motors’ JV registers 20% fall in December sales

01 Jan 2013 Evaluate

Automaker VE Commercial Vehicles (VECV), 50:50 joint venture (JV) between the Volvo Group and Eicher Motors, has registered 20.17% fall in its total sales at 4,032 units in December, 2012 as compared to 5,051 units in the same month previous year.

The company’s domestic sales went down to 3,598 units in December 2012 from 4,512 units in the year-ago period, a decline of 20.26%.

Further, the exports decreased by 19.48% during the month to 434 units from 539 units in December 2011.

Peers
Company Name CMP
Bajaj Auto 11684.00
TVS Motor Company 4127.50
Hero MotoCorp 5225.00
Eicher Motors 7540.00
OLA Electric Mobilit 38.56
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