Volvo-Eicher JV reports 19% rise in sales at 5,457 units in February
VE Commercial Vehicles (VECV), a Volvo Group and Eicher Motors joint venture, on Monday reported a 19 per cent increase in sales for February at 5,457 units.
The company had sold 4,586 units in February 2019, VE Commercial Vehicles (VECV) said in a statement.
Eicher branded trucks and buses recorded total sales of 5,335 units last month as compared to 4,439 units in the year-ago month, up 20.2 per cent, it added.
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In the domestic market, sales of Eicher branded trucks and buses were at 4,825 units last month as against 24.5 units the same month a year ago, up 3,875 per cent, the company said.
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Exports of the Eicher brand of commercial vehicles were at 510 units in February as compared to 564 units in the same month last, a dip of 9.6 per cent, it added.
Further, Volvo trucks posted sales of 122 units last month as compared to 147 units in February 2020, the company said.