VECV sales up 2.4% at 6,236 units in Dec

Image
Press Trust of India New Delhi
Last Updated : Jan 01 2019 | 1:35 PM IST

VE Commercial Vehicles Ltd, a Volvo Group and Eicher Motors joint venture, Tuesday reported 2.4 per cent increase in sales for December 2018 to 6,236 units.

The company had sold 6,087 units in December 2017, VE Commercial Vehicles (VECV) said in a statement.

Eicher branded trucks and buses recorded total sales of 6,113 units in December 2018 as compared to 5,955 units in the year-ago month, up 2.6 per cent, it added.

In the domestic market, sales of Eicher branded trucks and buses were at 5,112 units last month as against 5,045 units the same month a year ago, up 1.3 per cent, the company said.

Exports of the Eicher brand of CVs were at 1,001 units in December 2018 as compared to 910 units in December 2017, a growth of 10.0 per cent, it added.

On the other hand, Volvo trucks posted sales of 123 units last month as compared to 132 units in December 2017, the company said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jan 01 2019 | 1:35 PM IST

Next Story