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VE Commercial Vehicles Ltd, a joint venture between Volvo Group and Eicher Motors, witnessed a decline in sales by 6.1% for the month of January 2020. The total sales recorded for this month was 5,544 units.
Talking about the Eicher branded trucks and buses, a drop in sales by 7.2% was seen for January 2020, with 5,388 units being sold, in comparison to 5,808 units that were sold in the same month the previous year.
Domestically, the company had a sale of 4,871 units in January 2020. This is a drop of 5.9% in contrast to the 5,177 units that were sold in the same month in 2019.
In terms of exports, a decline of 18.1% was seen, with 517 units being sold in January 2020, whereas 631 units were sold in January the previous year.
For Volvo Trucks, the sale for January 2020 was recorded to be 156 units, in comparison to 98 units that were sold in January 2019, translating in an increase by 59.2%.
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