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’ motorcycle division reports 17% fall in September sales

Date: 03-10-2019

Eicher Motors’ motorcycle division has reported 17% fall in sales at 59,500 units in September 2019 as compared to 71,662 motorcycles sold in September 2018. During September 2019, export of number of motorcycles increased by 191% to 4642 units from 1597 units in September 2018.

The company’s sales of vehicles with engine capacity up to 350 cc decreased by 23% at 52,017 units in September 2019 against 67,582 units in the same period year ago. However, the sales of its vehicles with engine capacity exceeding 350 cc increased by 83% at 7,483 units as against 4,080 units in September 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.