Monday, 2 June 2014

Eicher Motors’ JV firm VE Commercial reports marginal fall in May sales

Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has reported marginal fall of 0.05% in total sales of Eicher branded products to 3,685 units in May 2014. The company had sold 3,687 units in the same month of the previous year.
The company’s domestic CV market (5T and above), Eicher trucks and buses have recorded sales of 3,064 units in May 2014 as compared to 3,488 units in the year-ago period, down by 12.16%.
On the exports front, Eicher trucks and buses recorded sales of 621 units in May 2014 as compared to 199 units in the same month of the previous year, representing a growth of 212.06%.

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