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Eicher Motors March sales fall marginally

Eicher Motors March sales fall marginally
PTI
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First Published: Mon, Apr 07 2008. 04 24 PM IST
Updated: Mon, Apr 07 2008. 04 24 PM IST
New Delhi: Commercial vehicle manufacturer Eicher Motors on Monday reported a marginal fall in its total sales in March at 3,704 units, against 3,730 units in the same month last year.
The domestic sales increased marginally to 3,297 units as compared to 3,283 units in the corresponding period last year, the company said in a statement.
Exports during the month stood at 407 units, compared to 447 units last year, down by 8.95%.
Light commercial vehicle sales in the domestic market during the month rose by 8.06% at 2,775 units, the same stood at 2,568 units in March 2007.
Heavy commercial vehicle sales dipped 27% at 522 units, as against 715 units in March last year, it said.
The total sales during 2007-08 rose by 6.25% at 29,827 units compared to 28,072 units in the previous fiscal, Eicher Motors said.
Its total domestic sale during the last fiscal stood at 27,611 units as against 26,072 units in the year ago period.
Exports of the company also increased to 2,216 units in FY08 from 2,000 units in FY07, the company said.
“In 2007-08, we successfully piloted and introduced a range of new products and variants. The significant investments made in augmenting our product range will help us grow further in the current financial year,” Eicher Motors CEO (Commercial Vehicles) A Ramasubramanian said.
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First Published: Mon, Apr 07 2008. 04 24 PM IST