Automobile · Brand

VE commercial vehicle shows growth, increase by 26% this November.

The joint venture Auto company VE commercial vehicle shows positive signs with a growth of 26% this November. The company is a Joint venture between Sweden’s Volvo Group and Eicher Motors. The company sold 3,639 units as against 2,896 units in the same month last year. This is a good sign  in consumer auto space as the demand for the commercial products have increase due to government’s focus on Infrastructure in India. The company’s parent Eicher also showed growth in exports by selling 629 units as compared to 545 units last year. The company sold 3,534 units in November as compared to 2,778 trucks in the domestic market.

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