Press Release | March, 2018

Eicher sells 3917 units in April 2013

The following are the key highlights for April 2013:

Eicher branded trucks and buses have registered sales of 3917 units in April 2013 as compared to 4213 units in April 2012, representing a drop of 7%. The YTD 2013 sales stand at 16305 units as compared to LYTD 2012 sales of 18408 units, representing a drop of 11.4%.

In the domestic CV Market (5T and Above), Eicher trucks and buses have recorded sales of 3766 units as compared to 3963 units in April 2012, representing a drop of 5%. YTD 2013 sales stand at 15702 units as compared to LYTD 2012 sales of 17486 units, representing a drop of 10.2%.

  • In the domestic 5-14T LMD truck segment, Eicher recorded sales of 2126 units in April 2013 as compared to 2379 units in April 2012, representing a drop of 10.6%. YTD 2013 sales stand at 9767 units as compared to LYTD 2012 sales of 11568 units, representing a drop of 15.6%
  • In the domestic bus segment, April 2013 sales stand at 1134 units as compared to 802 units in April 2012, representing a 41.4 % growth.. The YTD 2013 sales stand at 3320 units as compared to LYTD 2012 sales of 2845 units, representing a 16.7% growth.
  • In the Heavy Duty truck segment (16T and above), April 2013 sales stand at 506 units as compared to 782 units in April 2012, representing a 35.3% drop. YTD 2013 Eicher HD sales stand at 2615 units as compared to LYTD 2012 sales of 3073 units, representing a drop of 14.9%.

Disclaimer: All statements included or incorporated by reference in this media release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management's beliefs and certain assumptions made by us. Although VE Commercial Vehicles believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Any forward-looking statement speaks only as of the date on which such statement was made, and VE Commercial Vehicles undertakes no obligation to Update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits can be derived from them.

About VE Commercial Vehicles Limited (VECV):

VE Commercial Vehicles Limited (VECV) is a 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, exclusive distribution of Volvo Trucks in India, engine manufacturing and exports for Volvo Group, nonautomotive engines and Eicher component business. A multi-brand, multi-division company, backed by innovative products & services, VECV today, is recognised as an industry leader for modernizing commercial transportation in India and developing world.

For more information please visit our website:
www.vecv.in www.eichertrucksandbuses.com
For further information, please contact:
Disha Sharma
Corporate Communications, VECV
Laveena Vohra
Archetype