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Eicher Motors Ltd.
BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7314.85
-39.65 (-0.54%) Eicher Motors’ JV firm VE Commercial reports 24% rise in November sales
Date: 01-12-2014Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has reported rise of 23.80% in total sales of Eicher branded products to 2778 units in November 2014. The company had sold 2244 units in the same month of the previous year.
In the company’s domestic CV market (5T and above), Eicher trucks and buses have recorded sales of 2233 units in November 2014 as compared to 1928 units in the year-ago period, up by 15.80%.
On the exports front, Eicher trucks and buses recorded sales of 545 units in July 2014 as compared to 316 units in the same month of the previous year, representing a growth of 72.50%.