Eicher Motor Jan sales up 1% at 3,736 units

Moneycontrol Bureau  

VECV Commercial Vehicles, a 50-50 joint venture between Sweden's Volvo Group and Eicher Motors, sold 3,736 Eicher branded trucks and buses in January, up 1 percent from a year ago.

The company's domestic sales rose 2.5 percent to 3,638 units, while exports fell 38 percent to 98 units.

VECV's domestic bus sales were up 39 percent to 506 units, while heavy duty trucks saw 16 percent growth at  674 units.

However, light and medium trucks sales declined 6 percent to 2,458 units.

Eicher Motors shares closed at Rs 2,841.20 on Friday, up about 1 percent on NSE.