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VOLVO EICHER COMMERCIAL VEHICLES

VOLVO Eicher

VE Commercial Vehicles sells 4560 units in October 2016, recording a growth of 14.4% VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) has sold 4560 units in October 2016 (FYTD 34039) as compared to 3985 units in October 2015 (LFYTD 27770) recording a growth of 14.4% (FYTD Growth of 22.6%). This includes 4449 units of Eicher brand and 111 units of Volvo brand.

Following are the key highlights for October 2016

Eicher branded trucks and buses have recorded total sales of 4449 units in October 2016 (FYTD 33512) as compared to 3854 units in October 2015 (LFYTD 27027), representing a growth of 15.4% (FYTD Growth of 24.0%).

In the domestic CV market, Eicher branded trucks & buses have recorded sales of 3854 units in October 2016 (FYTD 28718) as compared to 3466 units in October 2015 (LFYTD 23634), representing a growth of 11.2% (FYTD Growth of 21.5%). On the Exports front Eicher branded trucks & buses have recorded sales of 595 units in October 2016 (FYTD 4794) as compared to 388 units in October 2015 (LFYTD 3393), representing a growth of 53.4% (FYTD Growth of 41.3%). Volvo trucks have recorded sales of 111 units in October 2016 (FYTD 527) as compared to 131 units in October 2015 (LFYTD 743).

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