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Slowdown signs - Eicher Motors CV sales in November down by 71%
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Tuesday, 09 Dec 2008
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BS reported that Eicher Motors its commercial vehicle sales in November down by 71% from a year ago to 661 units. November sales were 52% lower lower, com pared to the previous month’s sales at 1,367 units. Eicher exported 123 commercial vehicles in November up by 64% from a year ago.

As per report, it domestic sales in November went down by 75% on year to 538 vehicles. Commercial vehicle sales have been declining due to the overall slowdown in the economy, which has forced many companies to cut production.

Domestic sales of India’s largest commercial vehicle manufacturer TATA Motors down by 40% on year in November to 16,229 units.

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