Eicher registers growth rate of 9% in June 2012

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(added few years ago!)

Eicher, a leading brand of the Indian automobile industry, showed a 9.2% growth compared to June 2011. The YTD 2012 sales showed an increase of 11.3% till now. All products have contributed to this growth but the steep hike in the sales of buses is the main augmenting factor. Bus sales have shown a growth of 23.8% in comparison to June 2011 whereas LMD (5-14T) trucks have also recorded an increase of 4.8% from the same time last year. Another surprising growth is in export as Eicher has recorded a enormous increase of 177.6% in exports.

The first quarter of 2012 has been excellent for Eicher Motors Limited. In comparison to June 2011, a hike of 4.2% has been recorded in June 2012 sales of Eicher trucks and buses in the domestic Commercial Vehicle Market. The June 2012 sales stand at 3767 units in comparison to 3616 units last June. The YTD 2012 sales reported a growth of 12.6%.  Eicher, in the domestic Bus segment has shown a growth of 16.6% in June 2012. The YTD 2012 sales of domestic Bus segment has marked a growth of 42% as compared to YTD 2011 sales. The heavy-duty (HD) Eicher trucks showed a growth of 6.1%. YTD Eicher HD sales recored a growth of 26% compared to June 2011. In exports, Eicher Trucks and Buses have recorded a steep increase of 177.6%.

Tags : Eicher, June, 2011, 2012, sales, export

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(added few years ago!) / 1802 views
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