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Eicher Motors Ltd.
BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7314.85
-39.65 (-0.54%) Eicher Motors’ JV firm VE Commercial reports 37% fall in November sales
Date: 02-12-2013Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has reported 37.10% fall in its total sales of Eicher branded products at 2,244 units in November 2013, as against 3,565 units in the same month previous year.
The company’s domestic sales declined 43.60% at 1,928 units in November 2013, as against 3,418 units in the year-ago period.
On the exports front, Eicher trucks and buses have recorded sales of 316 units in November 2013 as compared to 147 units in November 2012, representing a growth of 115% as against a period of last year.