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VE Commercial Vehicles sales down 18% in March

The company-joint venture between Volvo Group and Eicher Motors-sold 6,051 units in the same month in 2012

Press Trust of India New Delhi
Automaker VE Commercial Vehicles (VECV) today reported a fall of 18% in total sales of Eicher branded products at 4,962 units in March 2013.

The company, which is a joint venture between the Volvo Group and Eicher Motors, had sold 6,051 units in the same month in 2012.

Domestic sales stood at 4,760 units in March 2013 as against 5,786 units in the year-ago period, down 17.73%, VECV said in a statement.

Exports went down by 23.77% during the month to 202 units from 265 units in March, 2012.

VECV's sales of light commercial vehicles in the Indian market dipped by 21.40% to 2,820 units during the month from 3,588 units in the year-ago period.
 

Heavy commercial vehicle sales dipped by 21.65% to 876 units from 1,118 units in March 2012, it said.

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First Published: Apr 01 2013 | 7:24 PM IST

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