Eicher Motors Ltd.

Eicher Motors and Volvo Group's joint venture (JV) -- VE Commercial Vehicles (VECV) has reported a 3.2% increase in total commercial vehicle sales at 3,710 units in November 2020 as compared to sales of 3,594 units in the same month last year. Total domestic sales stood at 3,088 units last month as compared to 2,948 units in November last year, up 4.7%.

Sales of Eicher trucks and buses stood at 3,561 units in November as compared to 3.450 units in the year-ago month, up 3.2%. Sales of Volvo trucks and buses stood at 149 units as against 144 units in November last year. Total exports last month stood at 473 units as against 502 units in the same month last year, down 5.8%.

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.