Eicher Motors Limited Q3 FY24 Earnings Conference Call February 13, 2024
We launched the all-new Himalayan 450 first and foremost, which is on the all-new Sherpa 450 engine. The New Himalayan has set new benchmarks in the world of adventure touring across all markets.
We also launched a stunning new Shotgun 650, which is a custom-inspired motorcycle.
In the international markets, we shipped around 15,829 units in Q3 FY24, which is actually 11% lower than last year
Commercial Vehicles:
- We recently announced Eicher’s foray into small commercial vehicles at the Bharat Mobility Global Expo in New Delhi. While we will cover this more fully in our Q4 update, we are excited about the new range which spans the GVW of 2-3.5 tons and addresses a market segment of over 300,000 units per annum. This segment will continue to grow with urbanization, growth of e-commerce, and last-mile delivery.
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