VE Commercial Vehicles’ sales up 33% in March

PTI New Delhi | Updated on April 01, 2011

Auto-maker VE Commercial Vehicles on Friday said it recorded a 32.80 per cent jump in total monthly sales to 5,065 units in March.

The joint venture between Volvo Group and Eicher Motors had sold 3,814 units in the same month of the previous year, VE Commercial Vehicles (VECV) said in a statement.

Domestic sales in March last year increased to 4,722 units from 3,649 units in the same month a year ago, a jump of 29.41 per cent, the company added. Exports for the month also soared over two-fold to 343 units from 165 units in March, 2010.

Sales of light commercial vehicles in the Indian market went up by 22.76 per cent to 3,263 units during the month from 2,658 units in March, 2010.

Heavy commercial vehicle sales recorded a 57.58 per cent jump to 769 units last month from 488 units in the year-ago period, it added.

Published on April 01, 2011

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