Eicher Motors’ JV reports 6.7% fall in sales for February
5th Mar 2019

Eicher Motors and Volvo Group’s joint venture (JV) -- VE Commercial Vehicles has reported sales of 6428 units in February 2019, as compared to 6889 units in February 2018, recording a decline of 6.7%. This includes 6268 units of Eicher brand and 160 units of Volvo brand.

Eicher branded trucks and buses recorded total sales of 6268 units in February 2019, as compared to 6796 units in the year-ago month, down 7.8%. In the domestic CV market, Eicher branded trucks & buses have recorded sales of 5337 units in February 2019, as compared to 5783 units in February 2018, representing a decline of 7.7%. On the Exports front, Eicher branded trucks & buses have recorded sales of 931 units in February 2019 as compared to 1013 units in February 2018, representing a decline of 8.1%.

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.