VECV sales up 28.1% in April

Image
Press Trust of India New Delhi
Last Updated : May 01 2018 | 1:45 PM IST

VE Commercial Vehicles, a joint venture firm between Volvo Group and Eicher Motors, today reported 28.1 per cent increase in sales in April this year to 3,959 units.

It had sold 3,089 units in April 2017, VECV said in a statement.

Eicher branded trucks and buses posted total sales of 3,939 units last month as against 3,077 units in the same month last year, up 28 per cent, it said.

In the domestic market, the Eicher branded CVs posted sales of 3,389 units last month as compared to 2,578 units a year ago, a growth of 31.5 per cent, the company added.

Exports of Eicher brand of trucks and buses were at 550 units last month as against 499 units in the April last year, up 10.2 per cent.

VECV further said Volvo trucks clocked 20 units in April 2018 as compared to 12 units in April 2017, a growth of 66.7 per cent.

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: May 01 2018 | 1:45 PM IST

Next Story