Eicher Motors Ltd.

Eicher Motors and Volvo Group joint venture (JV) company -- VE Commercial Vehicles (VECV) has reported 20% growth in sales at 4903 units in November 2022. The company had sold 4085 units in the same month last year. Total domestic sales stood at 4483 units in November 2022 as compared to 3184 units in November 2021, i.e. up by 40.8%. However, exports stood at 237 units in November 2022 compared to 783 units in November 2021, a decline of 69.7%.

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.