Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7144.25
-30.50 (-0.43%)
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Eicher Motors’ JV reports 9.06% jump in August sales

Date: 04-09-2017

Eicher Motors’ joint venture (JV) with Volvo Group VE Commercial Vehicles (VECV) has reported 9.06% rise in total sales at 4,571 units in August. The company had sold 4,191 units in the same month last year. The August 2017 sales figure includes 4,521 units of Eicher brand and 50 units of Volvo brand.

In the domestic market, Eicher brand posted sales of 3,818 units as against 3,450 units in August last year, a growth of 10.66%. On the export front, 703 units of Eicher branded commercial vehicles were shipped as compared to 650 units in the year-ago month.

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.