VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) recorded sales 4801 units in May 2019(YTD 8762 units) as compared to 5977 units in May 2018(LYTD 9937), recording decline of 19.7%(YTD decline 11.8%). This includes 4750 units of Eicher brand and 51 units of Volvo brand.
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.
