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Eicher Motors Ltd.
BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7217.25
111.95 (1.58%) Eicher Motors’ JV registers 20% fall in December sales
Date: 01-01-2013Automaker VE Commercial Vehicles (VECV), 50:50 joint venture (JV) between the Volvo Group and Eicher Motors, has registered 20.17% fall in its total sales at 4,032 units in December, 2012 as compared to 5,051 units in the same month previous year.
The company’s domestic sales went down to 3,598 units in December 2012 from 4,512 units in the year-ago period, a decline of 20.26%.
Further, the exports decreased by 19.48% during the month to 434 units from 539 units in December 2011.