Thursday, August 02, 2012

Eicher truck sales decline by 13.2% for July 2012

Even though the current situation in the commercial vehicles sector has spelt worry for many manufacturers, Eicher too has faced some minor problems as it has recorded a sales figure of 3,602 units for July 2012 which is considerably lower than the July 2011 figures by 13.2%.

However, current year to date sales of Eicher have been recorded at 29,661 units as compared to last year-to-date (YTD) sales of 26,564. This rise in sales accounts for a 7.6% growth in overall sales. Commercial vehicle segment related to the 5T and above variants saw a drop in sale which was recorded at 3,492 units which was lower than 3,935 units sold in July 2011. The drop in sale of commercial vehicles accounted for an 11.3% decline in sales.

Soothing frayed nerves, Eicher's YTD sales for branded trucks and buses have been recorded at 28,177 units as compared to the sales figures of last year which stand at 25,852, representing a 9% growth. Domestic bus segment sales recorded a growth of 3.8% with sale of 929 units in July 2012 as compared to 895 units last July. Apart from this segment, Eicher's heavy Duty trucks have notched up an impressive 21% growth on YTD basis.

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