VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) recorded sales of 7402 units in May 2025 as compared to 6901 units in May 2024, a growth of 7.3%. This includes 7258 units of Eicher brand and 144 units of Volvo brand.
The following are details for May 2025:
- Eicher branded trucks & buses have recorded sales of 7258 units in May 2025 as compared to 6719 units in May 2024 representing a growth of 8%.
- In the domestic CV market, Eicher branded trucks & buses have recorded sales of 6758 units in May 2025 as compared to 6304 units in May 2024, representing a growth of 7.2%.
- On the Exports front, VECV recorded sales of 501 units in May 2025 as compared to 415 units in May 2024, representing a growth of 20.7%
- Volvo Trucks and Volvo Buses recorded sales of 144 units in May 2025 as compared to 182 units in May 2024, representing a de-growth of 20.9%.
About VE Commercial Vehicles Ltd (VECV): VE Commercial Vehicles Limited (VECV) is a joint venture between the Volvo Group and Eicher Motors Limited. In operation since December 2008, the company includes the complete range of Eicher branded trucks and buses, Volvo Buses, exclusive distribution of Volvo Trucks in India, engine manufacturing and exports for Volvo Group, non-automotive engines and Eicher component business. A multi-brand, multi-division company, backed by innovative products & services, VECV today, is recognized as an industry leader for modernizing commercial transportation in India and developing world.