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VE Commercial Vehicles Sales Rise 13% In August

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New Delhi: VE Commercial Vehicles on Thursday reported a 12.9 per cent increase in total sales at 4,191 units last month.

The company had registered sales of 3,711 units in August 2015.

VE Commercial Vehicles, 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 period 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 period, 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.

PTI

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