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VE Commercial Vehicles’ sales up 33% in March

VE Commercial Vehicles’ sales up 33% in March
PTI
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First Published: Fri, Apr 01 2011. 04 06 PM IST
Updated: Fri, Apr 01 2011. 04 06 PM IST
New Delhi: Auto-maker VE Commercial Vehicles on Friday said it recorded a 32.80% jump in total monthly sales to 5,065 units in March 2011.
The joint venture between Sweden’s Volvo Group and India’s Eicher Motors had sold 3,814 units in the same month of the previous year, VE Commercial Vehicles (VECV) said in a statement.
Domestic sales in March last year increased to 4,722 units from 3,649 units in the same month a year ago, a jump of 29.41 per cent, the company added.
Exports for the month also soared over two-fold to 343 units from 165 units in March, 2010.
Sales of light commercial vehicles in the Indian market went up by 22.76% to 3,263 units during the month from 2,658 units in March, 2010.
Heavy commercial vehicle sales recorded a 57.58% jump to 769 units in February from 488 units in the year-ago period, it added.
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First Published: Fri, Apr 01 2011. 04 06 PM IST