MoneyWorks4Me

Eicher Motors’ JV reports marginal rise in total sales in December

02 Jan 2025 Evaluate

Eicher Motors and Volvo Group's joint venture (JV) company -- VE Commercial Vehicles (VECV) has posted 3.7% rise in total sales at 8,324 units in December 2024 as compared to the same month last year. It had sold 8,026 units in December 2023.

In the domestic front, Eicher branded trucks and buses recorded sales of 7,545 units in December 2024 as compared to 7,468 units in December 2023. Exports of Eicher branded trucks and buses were up 52.6% at 490 units in December 2024 as compared to 321 units in December 2023.  

Moreover, the total sales of Volvo Trucks & Buses witnessed a 21.9% increase, totaling 289 units in December 2024 as compared to 237 units in December 2023. 

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 11684.00
TVS Motor Company 4127.50
Hero MotoCorp 5225.00
Eicher Motors 7540.00
OLA Electric Mobilit 38.56
View more..