VE Commercial Vehicles sells 4,720 units in November 2018, down 4%

Out of the total sales in the month, 4,602 units came from Eicher while Volvo brand contributed 118 units.

Autocar Pro News Desk By Autocar Pro News Desk calendar 06 Dec 2018 Views icon17976 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

VE Commercial Vehicles (A Volvo Group and Eicher Motors joint venture) recorded sales of 4,720 units in November 2018 as compared to 4,916 units in November 2017, recording a decline of 4 percent. This includes 4,602 units of Eicher brand and 118 units of Volvo brand. 

Eicher branded trucks and buses have recorded sales of 4,602 units in November 2018 (YTD 45,009 units) as compared to 4,727 units in November 2017 (LYTD 36,169 units), representing a decline of 2.6 percent ( YTD growth at 24.4%).

In the domestic CV market, Eicher branded trucks & buses have recorded sales of 3,817 units in November 2018 (YTD 38,778 units) as compared to 4062 units in November 2017 (LYTD 31,058 units) representing a decline of 6 percent (YTD growth at 24.9%).

On the Exports front, Eicher branded trucks & buses have recorded sales of 785 units in November 2018 (YTD 6,231 units) as compared to 665 units in November 2017 (LYTD 5,111 units), representing a growth of 18 percent (YTD growth at 21.9%)

Volvo Trucks has recorded sales of 118 units in November 2018 (YTD 714 units) as compared to 189 units in November 2017 (LYTD 575 units), representing a decline of 37.6 percent (YTD growth at 24.2%).

RELATED ARTICLES
Yulu-Magna collaboration spawns new Battery-as-a-Service company

auther Autocar Pro News Desk calendar03 Feb 2023

Yuma Energy to set up battery swapping infrastructure for electric two-wheelers; plans to scale up the network to 500 st...

Mercedes-Benz India opens its first integrated 3S experience centre in Kochi

auther Autocar Pro News Desk calendar02 Feb 2023

Coastal Star sales and service experience centre uses 70% sustainable energy via solar panels and has a 180kW DC fast ch...

Growth-oriented Budget to be demand accelerator for India Auto Inc

auther Autocar Pro News Desk calendar02 Feb 2023

Demand-side measures with lowered direct taxes, infrastructure push and support to start-ups and MSMEs augur well to sti...