Eicher sells 2807 units in Dec 2013

The following are the key highlights for Dec 2013:

Eicher branded trucks and buses have recorded sales of 2807 units in Dec 2013 as compared to 4032 units in Dec 2012, representing a drop of 30.4%. The YTD 2013 sales stand at 40550 units as compared to LYTD 2012 sales of 48262 units, representing a drop of 16%.

• In the domestic CV Market ( 5T and Above), Eicher trucks and buses have recorded sales of 2372 units as compared to 3598 units in Dec 2012, representing a drop of 34.1%. YTD 2013 sales stand at 37250 units as compared to YTD 2012 sales of 45761 units, representing a drop of 18.6%.
• On the Exports front Eicher Trucks and Buses have recorded sales of 435 units in Dec 2013 as compared to 434 units in Dec 2012, representing a growth of 0.2%. YTD 2013 sales stand at 3300 units as compared to YTD 2012 sales of 2501 units representing a growth of 31.9%

Disclaimer: All statements included or incorporated by reference in this media release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management's beliefs and certain assumptions made by us. Although VE Commercial Vehicles believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Any forward-looking statement speaks only as of the date on which such statement was made, and VE Commercial Vehicles undertakes no obligation to Update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits can be derived from them.