VE Business Autos gross sales climb 157.6% in April, Auto Information, ET Auto


Complete export of Eicher branded vans and buses stood at 650 items final month, up 20.1%.

New Delhi: VE Business Autos Ltd, a three way partnership between Volvo Group and Eicher Motors, on Sunday reported a 157.6% enhance in whole gross sales at 5,525 items in April. The corporate had bought 2,145 items in the identical month final 12 months, VE Business Autos (VECV) stated in an announcement.

Eicher branded vans and buses recorded gross sales of 4,766 items within the home market final month as towards 1,555 items within the year-ago interval, a progress of 206.5% it added.

Complete export of Eicher branded vans and buses stood at 650 items final month, up 20.1%.

Gross sales of Volvo vans and buses had been at 109 items final month as in comparison with 49 items in April 2021, a progress of 122.4%, VECV stated.

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ET has learnt that the corporate is just not solely engaged on 9- and 12-m electrical buses, however goals to take part within the nation’s rising electrical vans area additionally.

Royal Enfield, part of Eicher Motors, bought 1,67,664 bikes through the third quarter, a decline of 15.6% from 1,98,557 bikes bought over the identical interval in 2020-21.



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