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Eicher Sales Drops By 18.8 Percent
Press Release
Eicher sells 3302 units in June 2013
The following are the key highlights for June 2013
- Eicher branded trucks and buses have recorded sales of 3302 units in June 2013 as compared to 4064 units in June 2012, representing a drop of 18.8%. The YTD 2013 calendar year sales of Eicher branded trucks and buses stand at 23294 units as compared to LYTD 2012 sales of 26059 units, representing a drop of 10.6%.
- In the domestic CV Market ( 5T and Above), Eicher trucks and buses have recorded sales of 3090 units as compared to 3767 units in June 2012, representing a drop of 18%. YTD 2013 domestic sales for Eicher trucks and buses stand at 22280 units as compared to 2012 sales of 24685 units, representing a drop of 9.7%.
1. In domestic 5-14t LMD trucks, Eicher has recorded sales of 1765 units as compared to 2195 units in June 2012, representing a drop of 19.6%. YTD June 2013 sales stand at 13365 units as compared to 15662 units LYTD June 2012, representing a drop of 14.7%
2. In the domestic Bus segment, the June 2013 sales stand at 957 units as compared to 1049 units in June 2012 representing a 8.8 % decline. The YTD 2013 sales stand at 5517 units as compared to YTD 2012 sales of 4826 units, representing a 14.3% growth.
3. In the Heavy Duty truck segment(16t and above), the sales stand at 368 units as compared to 523 units in June 2012, representing a 29.6% drop. YTD Eicher HD sales stand at 3398 units as compared to 4197 units in 2012, representing a drop of 19%.
About
VE
Commercial
Vehicles
Ltd
(VECV):
VE
Commercial
Vehicles
Limited
(VECV)
is
a
50-50
joint
venture
between
the
Volvo
Group
and
Eicher
Motors
Limited.
In
operation
since
July
2008,
the
company
includes
the
complete
range
of
Eicher
branded
trucks
and
buses,
VE
Powertrain,
Eicher's
components
and
engineering
design
services
businesses
as
well
as
the
sales
and
distribution
business
of
Volvo
trucks
within
India.
VECV
vision
is
to
be
recognized
as
the
industry
leader
driving
modernization
in
commercial
transportation
in
India
and
the
developing
world.