Eicher-branded vehicles Oct sales up 71 pct y/y
NEW DELHI, Nov 5 (Reuters) - VE Commercial Vehicles, the joint venture of Eicher Motors (EICH.BO: Quote, Profile, Research) and Sweden's Volvo (VOLVb.ST: Quote, Profile, Research), on Thursday said Indian sales of Eicher-branded commercial vehicles rose 71 percent in October.
The firm sold 2,024 trucks and buses in the month, compared with 1,183 units in the year-ago period, it said in a statement.
Exports went up an annual 26.6 percent to 233 units, it said.
Sales of such vehicles have been on an upswing in India with improving industrial activity and availability of easier credit. (Reporting by C.J. Kuncheria; Editing by Harish Nambiar)
© Thomson Reuters 2009 All rights reserved
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India during the Reuters India Investment Summit in Mumbai and Bangalore. Full Coverage | Blog
PLAYBOY SALE
An icon bows to changing times
With his Playboy Enterprises in talks to be sold for about $300 million, the 83 year-old Hugh Hefner will be giving up control over the iconic adult entertainment empire he founded that was instrumental in shaping society's opinions on nudity, sex and free speech. Full Article
India
US
UK
