 "VE Commercial Vehicles posts nearly 2-fold jump in August sales")
VE Commercial Vehicles Ltd, a joint venture between Volvo Group and Eicher Motors, on Wednesday reported a nearly two-fold jump in total sales at 4,793 units in August 2021.
The company had sold a total of 2,477 units in the same month last year, VE Commercial Vehicles Ltd (VECV) said in a statement.
Sales of Eicher branded trucks and buses were at 4,667 units last month as compared to 2,440 units in August 2020, a growth of 91.3 per cent, it added.
In the domestic market, Eicher brand of CVs clocked sales of 3,864 units as against 2,190 units in the year-ago month, up 76.4 per cent. Exports of Eicher branded trucks and buses stood at 803 units last month as compared to 250 units in August 2020.
Volvo trucks and Volvo buses recorded sales of 126 units in August 2021 as against 37 units in the corresponding month last year, the company said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app