VE Commercial vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) has sold 4035 units in May 2015 (YTD 18985) as compared to 3750 units in May 2014(LYTD 17234) recording a growth of 7.6% (YTD Growth of 10.2%). This includes 3962 units of Eicher brand and 73 units of Volvo brand.
The following are the key highlights for May 2015
- Eicher branded trucks and buses have recorded total sales of 3962 units in May 2015(YTD 18563) as compared to 3685 units in May 2014(LYTD 16933), representing a growth of 7.5%.(YTD Growth of 9.6%)
- In the domestic CV market ( 5T and Above), Eicher Trucks and Buses have recorded sales of 3617 units in May 2015 (YTD 16883) as compared to 3064 units(LYTD 14547) in May 2014, representing a growth of 18% (YTD Growth of 16.1%)
- On the Exports front Eicher Trucks and Buses have recorded sales of 345 units in May 2015(YTD 1680) as compared to 621 units in May 2014(LYTD 2386).
- Volvo trucks have recorded sales of 73 units in May 2015(YTD 422) as compared to 65 units (LYTD 301) in May 2014, a growth of 12.3% (YTD Growth of 40.2%)