Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7174.75
-144.85 (-1.98%)
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Eicher Motors’ arm reports 4% growth in sales in August

Date: 01-09-2022

Eicher Motors' subsidiary -- VE Commercial Vehicles (VECV) has reported 4.4% growth in sales at 5003 units in August 2022. The company had sold 4793 units in the same month last year. Total domestic sales stood at 4530 units in August 2022 as compared to 3864 units in August 2021, i.e. up by 17.2%. However, exports stood at 363 units in August 2022 compared to 803 unit in August 2021, a decline of 54.8%.

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.