VE Commercial Vehicles sells 5980 units in October 2018, recording a growth of 14.4%

VE Commercial Vehicles sells 5980 units in October 2018, recording a growth of 14.4%

VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) recorded sales of 5980 units in October 2018 as compared to 5228 units in October 2017, recording a growth of 14.4%. This includes 5826 units of Eicher brand and 154 units of Volvo brand. 

Following are the key highlights for October 2018:   

  • Eicher branded trucks & buses have recorded sales of 5826 units in October 2018 (YTD 40407 units) as compared to 5166 units in October 2017 (LYTD 31442 units), representing a growth of 12.8%. 
  • In the domestic CV market, Eicher branded trucks & buses have recorded sales of 5121 units in October 2018 (YTD 34961 units) as compared to 4463 units in October 2017 (LYTD 26996 units) representing a growth of 14.7%.
  • On the Exports front, Eicher branded trucks & buses have recorded sales of 705 units in October 2018 (YTD 5446 units) as compared to 703 units in October 2017 (LYTD 4446 units), representing a growth of 0.3%
  • Volvo Trucks has recorded sales of 154 units in October 2018 (YTD 596 units) as compared to 62 units in October 2017 (LYTD 386 units), representing a growth of 148.4%.

@EPC World Media

 


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