Finance

Eicher Motors’ motorbike gross sales decline 9% to 45,860 items in Aug

Eicher Motors on Wednesday reported a 9 per cent decline in motorbike gross sales throughout August 2021 at 45,860 items. The corporate had bought 50,144 items in the identical month a yr in the past.
 
Whereas gross sales of fashions with engine capability as much as 350cc declined 17 per cent to 38,572 items throughout August, gross sales of fashions above 350cc capability soared 92 per cent to 7,288 items, the maker of Royal Enfield motorcyle mentioned.
 
The corporate’s exports jumped 164 per cent to six,790 items throughout the month from 2,573 items a yr in the past.
 
Throughout April-August interval of ongoing monetary yr, the corporate bought 2,13,538 items, 45 per cent increased than 1,47,747 items bought within the year-ago interval. Exports additionally rose 317 per cent to 30,501 items throughout this era.
 
It have to be famous that the onset of coronavirus pandemic and the nationwide lockdown to curb the unfold of infections final yr had nearly introduced auto gross sales to nil throughout April and Could months final yr.
 
Earlier right now, VE Industrial Automobiles Ltd, a three way partnership between Volvo Group and Eicher Motors, reported a close to two-fold bounce in complete gross sales at 4,793 items in August 2021. The corporate had bought a complete of two,477 items in the identical month final yr.
 
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