VE Commercial Vehicles sales grow 44% in December

Eicher trucks and buses recorded sales of 4,114 units and exports stood at 837 units

VE Commercial Vehicles today reported 44.3% increase in total sales in December at 5,068 units as against 3,512 in the same month of 2014.

The company, a joint venture between Sweden's Volvo Group and Eicher Motors, said Eicher-branded trucks and buses recorded total sales of 4,951 units in December compared with 3,398 in the same month of 2014, up 45.7%.

In the domestic market, sales of Eicher trucks and buses stood at 4,114 units in December 2015 compared with 3,013 in December 2014, a growth of 36.5%, VECV said in a statement.

Exports of Eicher trucks and buses stood at 837 units in December 2015 as against 385 units in a year ago, up 117.4%.

Volvo trucks recorded sales of 117 units in December 2015 compared with 114 units in December 2014, up 2.6%, the company added.