Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
6974.00
-73.55 (-1.04%)
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Eicher Motors’ motorcycle division reports 22% fall in July sales

Date: 01-08-2019

Eicher Motors’ motorcycle division has reported 22% fall in sales at 54,185 units in July 2019 as compared to 69,063 motorcycles sold in July 2018. During July 2019, export of number of motorcycles increased by 143% to 5,003 units from 2,062 units in July 2018. 

The company’s sales of vehicles with engine capacity up to 350 cc decreased by 29% at 45,041 units in July 2019 against 63,713 units in the same period year ago. However, the sales of its vehicles with engine capacity exceeding 350 cc increased by 71% at 9,144 units as against 5,350 units in July last year.

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.