VE Commercial Vehicles sales rise 14% in September

Total sales of Eicher-branded trucks and buses rose by 17 per cent to 4,734 units in September against 4,047 in the corresponding month of 2015

VE Commercial Vehicles (VECV) on Saturday reported 14 per cent increase in total sales for September at 4,843 units compared to 4,248 in the same period last year.

The company, a joint venture between Sweden's Volvo Group and Eicher Motors, said total sales of Eicher-branded trucks and buses rose by 17 per cent to 4,734 units in September compared with 4,047 in the corresponding month last year.

In the domestic market, sales of Eicher trucks and buses stood at 4,148 units last month compared with 3,452 units in the year-ago period, up 20.2 per cent, VECV said in a statement.

Exports of Eicher trucks and buses stood at 586 units in September as against 595 in the same month last year.

Volvo trucks sold 109 units last month compared with 201 in September 2015, the company added.