VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) recorded sales of 8676 units in March 2019 as compared to 9411 units in March 2018, recording a decline of 7.8%. This includes 8545 units of Eicher brand and 131 units of Volvo brand.
Following are the key highlights for March 2019:
Eicher branded trucks & buses have recorded sales of 8545 units in March 2019 (YTD 71743 units) as compared to 9245 units in March 2018 (LYTD 64877 units), representing a decline of 7.6% (YTD growth at 10.6%)
- In the domestic CV market, Eicher branded trucks & buses have recorded sales of 7329 units in March 2019 (YTD 61733 units) as compared to 7980 units in March 2018 (LYTD 55876 units) representing a decline of 8.2% (YTD growth at 10.5%)
- On the Exports front, Eicher branded trucks & buses have recorded sales of 1216 units in March 2019 (YTD 10010 units) as compared to 1265 units in March 2018 (LYTD 9001 units), representing a decline of 3.9% (YTD growth at 11.2%)
- Volvo Trucks has recorded sales of 131 units in March 2019 (YTD 1226 units) as compared to 166 units in March 2018 (LYTD 1055 units), representing a decline of 21.1% (YTD growth at 16.2%)
