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 37% fall in October sales

Date: 01-11-2019

VE Commercial Vehicles, a joint venture (JV) between Eicher Motors and Volvo Group, has reported sales of 3755 units in October 2019 as compared to 5980 units in October 2018, registering a fall of 37.2%.

Eicher branded trucks and buses recorded total sales of 3681 units in October as compared with 5826 units in the year-ago month, down 36.8%. In the domestic market, sales of Eicher branded trucks and buses were at 3309 units in October 2019, down 35.4% from 5121 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.