VE Commercial Vehicles sales up 14.8 pc in Apr

NEW DELHI, May 1: VE Commercial Vehicles (VECV) today said it recorded 14.8 per cent rise in sales at 4,213 units in April, 2012.
The company, which is a joint venture between the Volvo Group and Eicher Motors, had sold 3,669 units in the same month last year.
Domestic sales increased to 3,963 units in April from 3,353 units in the year-ago period, an increase of 18.2 per cent, VECV said in a statement.
Exports, however, fell to 250 units last month from 316 units in April 2011.
Further, VECV, year-to-date 2012 sales stood at 18,408 units as compared to 16,174  units last year, representing a growth of 13.8 per cent. (PTI)