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

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%).