VE Commercial Vehicle sales down 20% in December
- Trouble mounts for Sreesanth as Mumbai cops gather more evidence
- SIT to seek Supreme Court guidance on Maya Kodnani death penalty issue
- Tamil Nadu police bans Yasin Malik-linked pro-Eelam public meeting
- Kings XI Punjab end IPL 2013 campaign with a win
- Narendra Modi: India losing sheen as agricultural nation
Automaker VE Commercial Vehicles (VECV) today reported a 20.17 per cent fall in its total sales at 4,032 units in December, 2012.
The company, which is a joint venture between the Volvo Group and Eicher Motors, had sold 5,051 units in the same month in 2011.
Domestic sales decreased to 3,598 units in December 2012 from 4,512 units in the year-ago period, a decline of 20.26 per cent, VECV said in a statement.
Exports also went down by 19.48 per cent during the month to 434 units from 539 units in December 2011.
VECV's sales of light commercial vehicles in the Indian market dipped by 22.61 per cent to 2,474 units during the month from 3,197 units in the year-ago period.
Heavy commercial vehicle sales fell by 27.80 per cent to 678 units from 939 units in December 2011, it said.
- Quake-hit and shaken, Bhaderwah spends nights in the open
- UP blast accused dies on way to jail, govt wanted to drop case against him
- Former civil aviation secy changes mind, seeks airport security exemption as EC
- BCCI suspects Gujarat players in other teams were also approached
- Police on money trail, Sreesanth in fresh trouble
- Chhattisgarh 'encounter' leaves 8 villagers dead, no Maoist link yet