-30.50 (-0.43%) Eicher Motors and Volvo Group’s joint venture (JV) -- VE Commercial Vehicles (VECV) has reported a 73.1 percent increase in sales for September at 6,070 units. The company had sold 3,506 units in September 2020.
In the domestic market, sales of Eicher branded trucks and buses were at 5,226 units in September 2021 as against 2,940 units the same month a year ago, up 77.8 per cent. Exports of the Eicher brand of commercial vehicles were at 788 units in September 2021, a rise of 54.5 per cent from a year ago. Further, Volvo trucks posted sales of 56 units in September 2021. The company had sold the same number in September 2020.
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.