Eicher Motors Ltd on Friday mentioned its arm VE Business Autos Ltd posted a 29.4 per cent progress in whole gross sales at 6,476 models in August 2023. VE Business Autos (VECV), a three way partnership of the Volvo Group and Eicher Motors, had bought 5,003 models in August 2022, Eicher Motors mentioned in a regulatory submitting.
August 2023 gross sales included 6,239 models of the Eicher model and 237 models of the Volvo model, it added.
Within the home industrial automobiles market, Eicher branded vehicles and buses recorded gross sales of 5,907 models final month as in comparison with 4,530 models in August 2022.
Exports of Eicher branded vehicles and buses had been down 8.5 per cent to 332 models as towards 363 models in August 2022, it added.