VE Commercial Vehicles sales up 20% in January

VE Commercial Vehicles today reported 19.8 percent rise in total sales in January at 4,515 units as compared to 3,768 units 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 increased by 20 percent to 4,449 units in January as compared to 3,707 units in the year-ago period.

In the domestic market, sales of Eicher trucks and buses stood at 3,796 units last month compared with 3,415 units in the year-ago period, up 11.2 percent, VECV said in a statement.

Exports of Eicher trucks and buses stood at 653 units in January as against 292 units in the same month last year, up 123.6 percent.