Eicher motors, the CV and LVC maker posted a robust 192% sales growth with volume of 2742 units. Earlier the market leaders in the CV segment both TATA motors and Ashok Leyland had posted an exceptionally good numbers.
CV was the most impacted in the recent slowdown but finally the Jan has seen a likely turnaround.
Eicher that has a 50% joint venture with AB Volvo in India with Volvo using the Eicher distribution and aftermarket network with 50% ownership in the company and having a mixed R&D and Product development activities jointly.
Wednesday, February 10, 2010
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