VECV domestic sales down 35% at 3,309 units

 

Volvo Eicher Commercial Vehicles (VECV) has reported 35.4 per cent decline in domestic market at 3,309 units in October, 2019.

VECV has sold 5,121 units in October 2018, as per regulatory filing.

Company's total exports of Eicher brand stood at 372 units in October 2019, down 47.2 per cent, as compared to 705 units in the same month a year ago.

Sales of Volvo Truck stood at 74 units down 51.9 per cent as compared to 154 units in October 2018.

Total VECV sales (domestic + exports) also declined 37.2 per cent at 3,755 units in October 2019 as against 5,980 units in the same month a year ago.

During April - October period the company's total sales stood at 28,456 units, down 30.6 per cent, as against 41,003 units in the same period a year ago.