Auto maker VE Commercial Vehicles, the joint venture of Eicher Motors and Sweden’s Volvo reported a rise of 65.11% growth in its total sales of Eicher trucks and buses in October at 2,257 units.

As per report the company had sold 1,367 units in the same month last year. Domestic sales rose by 71.09% to 2,024 units as compared with 1,183 units in the same period a year ago. In the same period, exports for the month grew 26.63% to 233 units compared to 184 units last year. Sales of light commercial vehicles in the Indian market during the month also went up by 77.97% to 1,680 units, against 944 units in October, 2008.

Heavy commercial vehicle sales also recorded a jump of 21.15% at 126 units against 104 units in October last year.

(Sourced from Business Standards)