Eicher sells 3302 units in June 2013
The following are the key highlights for June 2013
Eicher branded trucks and buses recorded sales of 3302 units in June 2013 as compared to 4064 units in June 2012, representing a drop of 18.8%. The YTD 2013 calendar year sales of Eicher branded trucks and buses stand at 23294 units as compared to LYTD 2012 sales of 26059 units, representing a drop of 10.6%.
In the domestic CV Market ( 5T and Above), Eicher trucks and buses have recorded sales of 3090 units as compared to 3767 units in June 2012, representing a drop of 18%. YTD 2013 domestic sales for Eicher trucks and buses stand at 22280 units as compared to 2012 sales of 24685 units, representing a drop of 9.7%.
- In domestic 5-14t LMD trucks, Eicher recorded sales of 1765 units as compared to 2195 units in June 2012, representing a drop of 19.6%. YTD June 2013 sales stand at 13365 units as compared to 15662 units LYTD June 2012, representing a drop of 14.7%
- In the domestic Bus segment, the June 2013 sales stand at 957 units as compared to 1049 units in June 2012 representing a 8.8 % decline. The YTD 2013 sales stand at 5517 units as compared to YTD 2012 sales of 4826 units, representing a 14.3% growth.
- In the Heavy Duty truck segment (16t and above), sales stand at 368 units as compared to 523 units in June 2012, representing a 29.6% drop. YTD Eicher HD sales stand at 3398 units as compared to 4197 units in 2012, representing a drop of 19%.
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.
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.