VE Commercial Vehicles today reported 43 per cent increase in total sales in May at 5,770 units as against 4,035 units in the same month last year.
The company, a joint venture between Sweden's Volvo Group and Eicher Motors, said Eicher-branded trucks and buses recorded total sales of 5,709 units in May compared with 3,962 units in the corresponding month last year, up 44.1 per cent.
In the domestic market , sales of Eicher trucks and buses stood at 4,704 units in May compared with 3,617 units in the year-ago month, up 30.1 per cent, VECV said in a statement.
Exports of Eicher trucks and buses surged nearly three-fold at 1,005 units in May as against 345 units in the same month last year.
Volvo trucks recorded a 16.43 per cent decline in sales at 61 units last month compared with 73 units in May 2015, the company added.
source:The Economic Times
