Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessVE Commercial Vehicles total sales rise 17.3% to 7,221 units in December

    VE Commercial Vehicles total sales rise 17.3% to 7,221 units in December

    The company, a joint venture of the Volvo Group and Eicher Motors, had sold 6,154 units in December 2021, VE Commercial Vehicles (VECV) said in a statement.

    PTI
    January 02, 2023 / 14:09 IST

    VE Commercial Vehicles Ltd on Monday reported a 17.3 per cent growth in total sales at 7,221 units in December 2022.

    The company, a joint venture of the Volvo Group and Eicher Motors, had sold 6,154 units in December 2021, VE Commercial Vehicles (VECV) said in a statement.

    December 2022 sales included 7,003 units of Eicher brand and 218 units of Volvo brand, it added.

    In the domestic commercial vehicles market, Eicher branded trucks and buses recorded sales of 6,671 units last month as compared to 5,192 units in December 2021, a growth of 28.5 per cent.

    Exports of Eicher branded trucks and buses, however, declined 59 per cent at 332 units, as compared to 810 units in December 2021, it added.

    PTI
    first published: Jan 2, 2023 02:09 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347