Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 01, 2017

VE Commercial Vehicles Sales Dip 20% In December

Exports of Eicher trucks and buses stood at 700 units in December as against 837 in the same month last year, down 16.4 per cent.

VE Commercial Vehicles Sales Dip 20% In December
The company is a joint venture between Sweden's Volvo Group and Eicher Motors.

New Delhi: VE Commercial Vehicles on Sunday reported a 19.9 per cent decline in total sales in December at 4,048 units as compared with 5,063 units in the same period last year.

The company, a joint venture between Sweden's Volvo Group and Eicher Motors, said total sales of Eicher-branded trucks and buses also decreased by 20.2 per cent to 3,946 units in December compared with 4,946 units in the corresponding month last year.

In the domestic market, sales of Eicher trucks and buses stood at 3,246 units last month compared with 4,109 units in the year-ago period, down 21 per cent, VECV said in a statement.

Exports of Eicher trucks and buses stood at 700 units in December as against 837 in the same month last year, down 16.4 per cent.

Volvo trucks sold 102 units last month compared with 117 units in December 2015, down 12.8 per cent, the company added.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source