VE Commercial Vehicles Sells 4374 Units in July 2016

MUMBAI:
VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) has sold 4374 units in July 2016 (FYTD 20445) as compared to 3698 units in July 2015 (LFYTD 15826) recording a growth of 18.3% (FYTD Growth of 29.2%). This includes 4315 units of Eicher brand and 59 units of Volvo brand.
The following are the key highlights for July 2016
Eicher branded trucks and buses have recorded total sales of 4315 units in July 2016 (FYTD 20229) as compared to 3652 units in July 2015 (LFYTD 15515), representing a growth of 18.2% (FYTD Growth of 30.4%).
In the domestic CV market, Eicher branded trucks & buses have recorded sales of 3664 units in July 2016 (FYTD 17266) as compared to 3050 units in July 2015 (LFYTD 13707), representing a growth of 20.1% (FYTD Growth of 26.0%).
On the Exports front Eicher branded trucks & buses have recorded sales of 651 units in July 2016 (FYTD 2963) as compared to 602 units in July 2015 (LFYTD 1808), representing a growth of 8.1% (FYTD Growth of 63.9%).
Volvo trucks have recorded sales of 59 units in July 2016 (FYTD 216) as compared to 46 units in July 2015 (LFYTD 311), representing a growth of 28.3%.