VE Commercial Vehicles Sells 4560 units in October 2016

MUMBAI:
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 2
015 (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).