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Eicher-branded CV sales soar 71%

VE Commercial Vehicles, the joint venture of Eicher Motors and Sweden’s Volvo, has announced that domestic sales of the Eicher-branded commercial vehicles rose 71% in October. The firm sold 2,024 trucks and buses in the month, compared with 1,183 units in the year-ago period, it said in a statement. Exports went up an annual 26.6% to 233 units, it said. Sales of such vehicles have been on an upswing in India with improving industrial activity and availability of easier credit.

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Sept 2020
01 Sep 2020