VE Commercial Vehicle sales up 20 pc in Septemberhttps://indianexpress.com/article/news-archive/web/ve-commercial-vehicle-sales-up-20-pc-in-september/

VE Commercial Vehicle sales up 20 pc in September

Joint venture between Volvo Group and Eicher Motors had sold 3,864 units in same month in 2011.

Auto-maker VE Commercial Vehicles today said it recorded a 19.75 per cent jump in sales during the month of September,2011,to 4,627 units.

The joint venture between Volvo Group and Eicher Motors had sold 3,864 units in the same month last year,VE Commercial Vehicles (VECV) said in a statement.

VECV’s domestic sales in September increased to 4,152 units from 3,665 units in the same month a year ago,a jump of 13.29 per cent,the company added.

On the other hand,exports shot up over two-fold to 475 units in the reporting month from 199 units in September,2010.

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VECV’s sales of light commercial vehicles in the Indian market went up by 16.41 per cent to 2,966 units during the month from 2,548 units in September,2010.

Heavy commercial vehicle sales recorded a 11.19 per cent jump to 636 units last month from 572 units in the same period last year,it added.