Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7161.40
187.40 (2.69%)
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Eicher Motors’ JV reports 43% fall in September sales

Date: 01-10-2019

VE Commercial Vehicles, a joint venture (JV) between Eicher Motors and Volvo Group, has reported sales of 3784 units in September 2019 as compared to 6663 units in September 2018, registering a fall of 43.2%.

Eicher branded trucks and buses recorded total sales of 3673 units in September as compared with 6588 units in the year-ago month, down 44.2%. In the domestic market, sales of Eicher branded trucks and buses were at 3140 units in September 2019, down 44.8% from 5685 units sold in the same month a year ago.

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.