VE Commercial Vehicles sales up 9% in February

VE Commercial Vehicles today reported a 9.3 percent increase in total sales in February at 5,499 units.

It had sold 5,032 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 also increased by 9 percent to 5,379 units in February compared to 4,936 units in the corresponding month last year.

In the domestic market, sales of Eicher trucks and buses stood at 4,828 units last month compared to 4,264 units in the year-ago period, up 13.2 percent, VECV said in a statement.