Eicher Motors Ltd.

Eicher Motors and Volvo Group’s joint venture (JV) -- VE Commercial Vehicles (VECV) has reported an 11.9 per cent increase in sales for October at 4,200 units. The company had sold 3,755 units in October 2019.

Eicher branded trucks and buses recorded total sales of 4,130 units last month as compared to 3,681units in the year-ago month, up 12.2 per cent. In the domestic market, sales of Eicher branded trucks and buses were at 3,815 units last month as against 3,309 units the same month a year ago, up 15.3 per cent.

Exports of the Eicher brand of commercial vehicles were at 315 units in October as compared to 372 units in same month last, a dip of 15.3 per cent. Further, Volvo trucks posted sales of 70 units last month as compared to 74 units in October 2019.

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.