Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7319.60
4.75 (0.06%)
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Eicher Motors’ JV reports 5.9% rise in total sales in November

Date: 01-12-2023

Eicher Motors and Volvo Group's joint venture (JV) company -- VE Commercial Vehicles (VECV) has posted 5.9 per cent rise in total sales at 5,194 units in November 2023 as compared to the same month last year. It had sold 4,903 units in November 2022. 

The November 2023 sales included 4,989 units of the Eicher brand and 205 units of the Volvo brand. In the domestic commercial vehicles market, Eicher branded trucks and buses recorded sales of 4,686 units in November 2023 as compared to 4,483 units in November 2022. Exports of Eicher branded trucks and buses were up 27.8 per cent at 303 units as compared to 237 units in November 2022.  

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.