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Eicher Motors Limited, incorporated in 1982, is the listed company of the Eicher Group in India and a leading player in the Indian automobile industry and the global leader in middleweight motorcycles.Eicher has a joint venture with Sweden’s AB Volvo to create Volvo Eicher Commercial Vehicles Limited (VECV). VECV is engaged in truck and bus operations, auto components business, and technical consulting services business
Eicher Motors' Royal Enfield launched the new Himalayan 440 adventure bike. Featuring a 443cc engine, prices start at ₹2.29 lakh (ex-showroom). Bookings are open. This marks a decade for the successful Himalayan brand, having sold over 320,000 units globally.
Eicher Motors' VECV subsidiary reported robust sales. Monthly volume rose 17.7% to 8,434 units, with YTD growth at 15.6% reaching 41,490 units. Domestic sales surged 19.8%. Volvo Trucks & Buses sales also grew 11.9% monthly and 24.7% YTD, despite a slight dip in exports.
Royal Enfield reported August sales of 1.26 lakh units, an 11% YoY increase. Models up to 350cc surged 15%, while those exceeding 350cc fell 13%. International sales grew 10%. Management highlighted strong momentum into the festive season, along with new product launches like the Classic 350 Gorkha Edition and updated...