1. VE Commercial Vehicles sales rise 13% in Aug

VE Commercial Vehicles sales rise 13% in Aug

The company, a joint venture between Sweden's Volvo Group and Eicher Motors, said Eicher-branded trucks and buses recorded total sales of 4,100 units in August compared with 3,611 units in the corresponding month last year, up 13.5 per cent.

By: | New Delhi | Published: September 1, 2016 4:12 PM
Volvo exits Eicher In the domestic market, sales of Eicher trucks and buses stood at 3,450 units in August compared with 3,009 units in the year-ago month, up 14.7 per cent, VECV said in a statement. (Photo: Reuters)

VE Commercial Vehicles today reported 12.9 per cent increase in total sales in August at 4,191 units as against 3,711 units 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 4,100 units in August compared with 3,611 units in the corresponding month last year, up 13.5 per cent.

In the domestic market, sales of Eicher trucks and buses stood at 3,450 units in August compared with 3,009 units in the year-ago month, up 14.7 per cent, VECV said in a statement.

Exports of Eicher trucks and buses stood at 650 units in August as against 602 units in the same month last year, a growth of 8 per cent.

Volvo trucks sold 91 units last month compared with 100 units in August 2015, the company added.

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